FLEXIBLE PREMIUM
DEFERRED ANNUITY
A SMART INVESTMENT PRODUCT FOR
YOUR SENIOR CLIENTS
A tax-deferred annuity can help your clients save for retirement with a safe and flexible investment vehicle. This type of annuity gives your client:
✓ A Competitive Rate of Return
✓ Growth on a Deferred Basis
✓ Liquidity Options
A Flexible Premium Deferred Annuity is a tax-deferred annuity that can be funded with multiple premium payments rather than one lump-sum payment. This product is ideal for those who want a sound investment without paying a large one-time premium.
PRODUCT FEATURES:
Rate of Return
Our Flexible Premium Deferred Annuity offers a competitive rate of return. Find current rate information here.
Liquidity Options
Clients who invest in a Flexible Premium Deferred Annuity can take advantage of 15% penalty-free withdrawals once per year after the first contract year.
Low Minimum Investment
The minimum investment amount for this product is only $100, so any client looking to begin saving for their future can do so.
Tax Status
This product is available as either a tax-qualified or non-qualified contract.
Product Availability
Flexible Premium Deferred Annuities are available in 36 states. To find out if is available in your state, please contact our office directly. Policy Form No. FPA16.
A FLEXIBLE PREMIUM DEFERRED ANNUITY MAY BE RIGHT FOR YOUR CLIENT IF THEY:
Want to start investing in a sound product
Don't have funds available to fund a Single Premium Deferred Annuity
Desire flexibility in their premium payment options
Prefer to have their funds accessible
ADDITIONAL PRODUCT INFORMATION
If your client is well into retirement, this product can provide an opportunity to reinvest their RMDs. Many senior clients don’t need their RMDs and would prefer to put those funds in a position to earn growth. A Flexible Premium Deferred Annuity allows them to deposit their annual RMDs into an annuity that earns a competitive rate of return.
While this product is not typically used in crisis Medicaid planning, it can be annuitized and begin making regular payments to the owner. A Flexible Premium Deferred Annuity can also be made into an irrevocable, non-assignable contract, ensuring it meets Medicaid’s strict regulations. This product is designed to empower its owner, not impede their planning options.
Flexible Premium Deferred Annuities come with a terminal illness and nursing home feature, which allows the client to have complete access to their funds in times of need.
INTERESTED IN A FLEXIBLE PREMIUM DEFERRED ANNUITY?
Contract with us and start growing your business today!
