Annuities

Annuities can offer tax-deferred returns on your investment. You can enjoy this tax deferral treatment by purchasing annuities that can offer fixed interest rates or annuities that have variable returns. Annuities also can offer guaranteed income options* that may assist you in your retirement planning.

Since annuities offer you many different options, it is important that you seek counsel prior to making any decisions.

All product guarantees are based on the financial strength and claims paying ability of the issuing insurance company.

There is a surrender charge imposed generally during the first 5 to 7 years that you own the contract.  Withdrawals prior to age 59 ½ may result in a 10% IRS tax penalty, in addition to any ordinary income tax.  The guarantee of the annuity is backed by the financial strength of the underlying insurance company.  Investment sub-account values will fluctuate with changes in market conditions.

An investment in a variable annuity involves investment risk, including possible loss of principal.  Variable annuities are designed for long-term investing.  The contract, when redeemed, may be worth more or less than the total amount invested.  Variable annuities are subject to insurance-related charges including mortality and expense charges, administrative fees, and the expenses associated with the underlying sub-accounts. Investors should consider the investment objectives, risks and charges and expenses of the variable annuity carefully before investing. The prospectus contains this and other information about the variable annuity. Contact either Kris Pearsall or Shawn Oxford at  36 Main St Bristol VT 05443  or  802-453-2378 to obtain a prospectus, which should be read carefully before investing or sending money

 The guarantee of the annuity is backed by the claims paying ability of the issuing insurance company.

Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation.  There is a surrender charge imposed generally during the first 5 to 7 years or during the rate guarantee period.

*Options are through the purchase of riders at an additional cost.