Annuity Beach Reads Part Three: Structured Annuities
Our latest article on structured annuities explains how they work and the role they play in an investment portfolio. Find it, along with our complete library of articles and videos on simon.io/engage.
1 Source: Bloomberg, SPX performance as measured 3/9/09 low of 676 to 7/30/21 level of 4395.
2 Source: LIMRA/LOMA Secured Retirement Institute: U.S. Individual Annuities Survey, A Future View of US Annuity Sales and Glimpse – U.S. Individual Annuities 2020, 4th Quarter
This is not intended to be an offer or solicitation to purchase or sell any security or to employ a specific investment strategy. This material is intended as general background information, for educational purposes only, and should not be used as a primary basis to make a decision to purchase an annuity contract. This material is being provided for informational purposes only and does not take into account any specific investment objectives or financial situation of any investor. The information is not intended as investment advice and is not a recommendation about managing or investing retirement savings. Actual structured annuity contracts may differ materially from the general overview provided. The crediting strategy illustration is hypothetical in nature, does not reflect actual investment results, and does not guarantee future results.
Prior to making any decision with respect to an annuity contract, purchasers must review, as applicable, the offering document, the disclosure document, and the Buyer’s Guide which contain detailed and additional information about the annuity. Any annuity contract is subject in its entirety is to the terms and conditions imposed by the Carrier under the contract. Withdrawals or surrenders may be subject to surrender charges, and/or market value adjustments, which can reduce your contract value or the actual withdrawal amount you receive. Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty. Structured Annuities are not FDIC-insured. All references to guarantees arising under an annuity contract are subject to the financial strength and claims-paying ability of Carrier. This does not constitute legal, accounting or tax advice, and the recipient should consult with his or her legal, accounting or tax adviser regarding the instruments described in this material.