Tax-Deferred Annuity
Provide a Safe Investment Product for Your Senior Client
A tax-deferred annuity helps your client to save for retirement with a reliable and flexible investment vehicle. This annuity gives your client:
A Competitive Rate of Return
Growth on a Deferred Basis
Liquidity Options
A tax-deferred annuity is designed for clients of retirement age who are not in need of long-term care. The product receives a competitive rate of return (see below) and taxes are not due on any interest earned until withdrawals are made or annuitization begins.
The current multi-year guaranteed rates are:
One-Year | 1.00% APY |
Two-Year | 1.50% APY |
Three-Year | 1.75% APY |
Four-Year | 2.00% APY |
Five-Year | 2.25% APY |
Ten-Year | 2.60% APY |
A Tax-Deferred Annuity is right for your client if they:
Desire a conservative investment vehicle.
Want to receive a competitive rate of return.
Prefer some liquidity in accessing funds.
Desire an alternative to a CD.