Bonus Annuities
Some annuities with surrender charges reward the investor by offering a bonus...
The insurance company adds an average of 3% to 12.5% to each of your premium payments, which can make for an excellent head start.
For example, if you invest $10,000 in a bonus annuity the insurance company will add $300 to $1,250.
The trade-off is that with a bonus annuity the surrender period is usually longer (eight to fifteen years in most cases versus the typical seven-year surrender) and each subsequent bonus payment will have its own eight or fifteen year surrender period.
Most bonus annuities allow you to withdraw 10% to 15%
Of your premium payments per year without a penalty, and some allow you to take the greater of all earnings or 10% to 15% of premiums (although any withdrawal from an annuity may be subject to taxes and a 10% federal penalty if taken prior to 59½ years of age).
Contact one of our agents and cover all this and much more...
You'll find 401(k) and 403(b), can use a bonus annunity program...
If you are ready to starting an annunity or want more information, contact one of our agents.
Our agents will quickly show you the ropes, but they go much further - to provide you with the real secrets of building the kind annunity program that can
easily exceed what you ever though you could save...
Call now 866-527-7152
There is a surrender charge imposed generally during the first years that you own a contract. Withdrawals prior to age 59-1/2 may result in a 10% penalty, in additional to any ordinary income tax. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Investment sub-account value will fluctuate with changes in market conditions.