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Annuities offer tax-deferred returns on your investment. You can enjoy this tax preferential treatment by purchasing annuities that offer fixed interest rates or annuities that have variable returns. Annuities also 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.

Annuities generally impose a surrender charge during the first 5 to 7 years that you own the contract. Withdrawals prior to age 59½ may result in a 10% IRS tax penalty, in addition to any ordinary income tax. 

For variable annuities, the investment sub-account value will fluctuate with changes in market conditions. Investors should consider the investment objectives of the variable annuity carefully before investing.  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 funds.  The prospectus contains this and other information about the variable annuity, and can be obtained through your financial advisor.

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