This document summarizes a fixed index annuity product called the Transamerica Secure Retirement Index Annuity. It offers downside protection, as the interest credited to policy values is guaranteed to never be less than zero. The annuity allows allocation of funds to a fixed account and two index accounts linked to the S&P 500 and MSCI EAFE indexes. A premium enhancement is applied to initial premium payments. The accumulation phase allows for tax-deferred growth potential while various payout options are available during the annuitization phase to provide guaranteed retirement income.
This document summarizes the benefits of an indexed annuity product called Benefit Gold. It discusses how indexed annuities can provide returns linked to market indexes while protecting the principal amount. The document outlines several crediting methods and indexes available under the product. It also highlights some key benefits including a 5% premium bonus, lifetime income rider, death benefit, and penalty-free withdrawal options.
A Fixed Indexed Annuity that pays a 12% Bonus to all deposits and transfers, (regular or IRA accounts). This Annuity will never lose money and also offers an optional Lifetime Income Rider.
This document summarizes a guaranteed income annuity product that offers lifetime income payments, bonus credits, and flexibility. It provides guaranteed lifetime income starting at age 50, with unlimited bonus credits of 8% in the first year and 6% each year after if no withdrawals are taken. The income payments are based on the guaranteed payment balance and increase over time. The product allows flexibility to start and stop withdrawals as needed. A case study example is provided to illustrate how the product works.
The document discusses preparing for retirement with a variable annuity product called the Northwestern Mutual Select Variable Annuity. It outlines key features like tax-deferred growth, guaranteed death benefits, and options for guaranteed retirement income. Concerns around running out of money, health costs, and inflation in retirement are addressed through the annuity's features and investment options.
Non-Qualified, Deferred Compensation with AXA EquitableDon McNeill, ChFC
BrightLife Grow is a life insurance product that provides wealth accumulation, retirement income, and downside protection. It offers tax-deferred growth, access to indexed accounts with potential upside but protected from downside losses, and the ability to take tax-free loans or withdrawals. The product is designed to be efficient with lower costs than competitors, reliable with its 0% floor protecting against market losses, and flexible to allow customization and adapt to changing needs over time. It can be a way to supplement retirement savings like 401ks and IRAs by providing another source of tax-advantaged funds.
The document discusses the benefits of fixed annuities for retirement planning. It notes that Americans are living longer but face financial challenges in retirement. Fixed annuities offer guaranteed returns, tax deferral, and can provide lifetime income streams. Both immediate and deferred fixed annuities are described as options to help investors meet their retirement income needs through guaranteed and predictable payments.
Fixed index annuities (FIAs) provide principal protection and upside potential pegged to a stock index like the S&P 500, while locking in annual gains. They offer an alternative to stocks and mutual funds for building wealth securely. While FIAs cap annual returns, typically between 5.5-12%, they avoid losses when markets decline. FIAs started gaining popularity after the 2000-2002 market crash as a safer way to grow wealth. Compared to CDs, FIAs provide tax-deferred growth and often higher returns. FIAs use stock market returns but guarantee the principal will never decrease.
This document summarizes the benefits of an indexed annuity product called Benefit Gold. It discusses how indexed annuities can provide returns linked to market indexes while protecting the principal amount. The document outlines several crediting methods and indexes available under the product. It also highlights some key benefits including a 5% premium bonus, lifetime income rider, death benefit, and penalty-free withdrawal options.
A Fixed Indexed Annuity that pays a 12% Bonus to all deposits and transfers, (regular or IRA accounts). This Annuity will never lose money and also offers an optional Lifetime Income Rider.
This document summarizes a guaranteed income annuity product that offers lifetime income payments, bonus credits, and flexibility. It provides guaranteed lifetime income starting at age 50, with unlimited bonus credits of 8% in the first year and 6% each year after if no withdrawals are taken. The income payments are based on the guaranteed payment balance and increase over time. The product allows flexibility to start and stop withdrawals as needed. A case study example is provided to illustrate how the product works.
The document discusses preparing for retirement with a variable annuity product called the Northwestern Mutual Select Variable Annuity. It outlines key features like tax-deferred growth, guaranteed death benefits, and options for guaranteed retirement income. Concerns around running out of money, health costs, and inflation in retirement are addressed through the annuity's features and investment options.
Non-Qualified, Deferred Compensation with AXA EquitableDon McNeill, ChFC
BrightLife Grow is a life insurance product that provides wealth accumulation, retirement income, and downside protection. It offers tax-deferred growth, access to indexed accounts with potential upside but protected from downside losses, and the ability to take tax-free loans or withdrawals. The product is designed to be efficient with lower costs than competitors, reliable with its 0% floor protecting against market losses, and flexible to allow customization and adapt to changing needs over time. It can be a way to supplement retirement savings like 401ks and IRAs by providing another source of tax-advantaged funds.
The document discusses the benefits of fixed annuities for retirement planning. It notes that Americans are living longer but face financial challenges in retirement. Fixed annuities offer guaranteed returns, tax deferral, and can provide lifetime income streams. Both immediate and deferred fixed annuities are described as options to help investors meet their retirement income needs through guaranteed and predictable payments.
Fixed index annuities (FIAs) provide principal protection and upside potential pegged to a stock index like the S&P 500, while locking in annual gains. They offer an alternative to stocks and mutual funds for building wealth securely. While FIAs cap annual returns, typically between 5.5-12%, they avoid losses when markets decline. FIAs started gaining popularity after the 2000-2002 market crash as a safer way to grow wealth. Compared to CDs, FIAs provide tax-deferred growth and often higher returns. FIAs use stock market returns but guarantee the principal will never decrease.
This document discusses fixed index annuities as a retirement planning strategy. It notes that fixed index annuities offer guarantees of principal, tax deferral, flexibility, access to funds, and a lifetime income stream. They allow interest to be credited based on the growth of a chosen market index while protecting the principal. Fixed index annuities also guarantee income for life and can help address concerns about outliving one's savings.
Description of key fixed index annuity benefits, including annual point to point, guaranteed living withdrawal benefits, tax deferral, lifetime income, portfolio optimization, principal protection, social security, fixed annuity, inflation protection, retirement plans, liquidity.
1. GenSource offers a structured income product called IncomeMax that provides guaranteed lifetime income payments along with growth opportunities.
2. IncomeMax allows contract owners to allocate funds across fixed and indexed strategies to generate tax-deferred growth while guaranteeing income in retirement.
3. The product provides guaranteed lifetime income payments equal to 7% of the contract value or guaranteed lifetime income value, whichever is greater, along with annual increases to protect against inflation.
Jane decided to retire earlier than planned due to getting married. Her annuity's index crediting strategies have helped her contract value grow more quickly than traditional fixed strategies. Jim postponed retirement to help his kids and used his annuity's fixed strategies and premium enhancement to build a larger nest egg. Marty included money in his annuity inside his IRA for growth potential and downside protection during market volatility. The document discusses the features of the SecureLiving Index 10 Plus annuity, including index and fixed crediting strategies, a 3% premium enhancement, tax deferral, and access to funds.
"The Case For Annuity," by Phil Wasserman. This book shows an unbiased view on annuities, how they can offer you secure income streams, and growth potential while having no market risk or volatility.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
Enhanced Dynamic 5 Maximum Passive S&P Strategy 20170630 on 20170801Performa...Christy Vailoces
The document provides an analysis of the ENHANCED DYNAMIC® 5 MAXIMUM-S&P Strategy from July 2007 to June 2017 compared to the S&P United States BMI benchmark. Key metrics shown include annualized returns, risk analysis statistics, monthly returns, growth of $1000 chart, peer analysis and calendar year returns. The strategy had higher annualized returns than the benchmark over most periods and higher excess returns, while taking on a higher level of risk.
Certified financial planners | Equity Indexed Annuities | Retirement planningFind Me An Advisor™
This presentation from Find Me An Advisor™ will guide you through, how you can grow your retirement money with help of Certified Financial Planners with investment options like; equity indexed annuities, variable annuities and more to boost your retirement planning.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
The document discusses how annuities can provide benefits over bond mutual funds in a rising interest rate environment. It notes that bond funds will decline in value as interest rates rise, while annuities such as the SecureLiving Index 7 provide guarantees such as principal protection. The annuity offers growth potential through index-linked interest credits, guaranteed lifetime income options, and other benefits. The document advocates allocating a portion of fixed income holdings to such annuities to reduce interest rate risk compared to bond funds.
Want to understand what products to buy to insure against outliving your money? Want to learn more about how to purchase a DIA? Use this Abaris guide to better understand the options available and whether you should think about buying a DIA.
Deferred income annuities are a useful tool for protecting your retirement savings , against longevity risk. Longevity risk is the risk that you live a lot longer than you expect, therefore outliving your money. So how do DIAs work? Let’s break it down. The deferred part means that after you pay the premium to purchase your annuity there will be a period ranging from a year to several years before you begin receiving income. The income part refers to the promise of an annuity to provide you with a fixed paycheck, received monthly or yearly. Finally, the annuity aspect refers to the insurance company’s promise to continue sending payments for as long as you live.
The deferral period, the time between purchase and payments, must be at least 1-2 years, but is often much longer. A 55 year old who purchases a DIA might defer payments until age 80-85. Why the wait? The longer you defer payments, the longer the insurance company has to invest your money, and the more it will grow, and the more the insurance company is willing to promise you. Additionally, the longer you stave off receiving payments, the more confident the insurance company is that they won’t have to pay you for too long, so the better price you’ll get.
Though the concept behind a deferred income annuity isn’t new, its sales have just begun to takeoff. In 2011, there was only one annuity provider selling a premium volume of about $50 million. By 2014, the premium volume rose to $2.7 billion and the number of providers jumped to 13. Through the Abaris platform, you have access to a number of insurers: MassMutual, AIG, Principal Financial Group, Lincoln Financial Group, Guardian, Symetra, Americo, and Pacific Life. The products offered by these insurers vary, in terms of price, flexibility of premium payment, ability to commute value, and many more aspects. Whatever the differences, though, reputable authorities, including The Wall Street Journal, The New York Times, CNN Money, and Barron’s, have all sung the praises of a DIA, sighting its simplicity, security, and better pricing for you, in terms of premium and payments.
DIAs are a powerful tool, but they’re not necessarily right for everyone. What makes for a good fit? If you’re age 45-65, pre-retirement or in early retirement, in at least average health, don’t need to access the money from the annuity income immediately, have no pension, have basic expenses greater than your Social Security can cover, and want a simpler annuity then chances are you’re a good fit. In addition to these attributes, a good candidate for a DIA can say with surety that they won’t need access to the money spent on the premium, as the product has no cash or redemption value.
Advanced Markets Insight: Life Insurance Basics—Life Insurance Pricing and Po...M Financial Group
The pricing of life insurance policies is complex and dynamic. There are four factors that primarily drive pricing and policy performance: mortality, investment earnings, expenses and taxes, and persistency. The impact of the varying pricing factors on policy performance will vary in importance depending on the type of policy design. Each pricing factor is based on current experience, usually from the insurer itself but sometimes complemented by data from actuarial consulting firms, public sources, or reinsurers.
OneAmerica is an insurance company that offers participating whole life insurance policies. Dividends are a benefit of these policies that can increase cash value and death benefits without additional premium payments. Dividends are determined each year based on factors like mortality rates, expenses, and investment returns being lower than projected. Policyholders can choose to use dividends to purchase additional insurance coverage, receive cash payments, or reduce premiums. Hypothetical examples show how dividends can substantially increase long-term cash values and death benefit amounts compared to a non-dividend policy. OneAmerica has historically paid dividends even during financial crises, demonstrating their long-term commitment to policyholders.
The document is a memorandum analyzing the financial performance of Verizon in 2014 compared to its competitor AT&T. It finds that Verizon outperformed AT&T in profitability, liquidity, operating returns, and return on equity, but had higher leverage. It recommends that Verizon management reduce leverage and increase return on equity to improve profits and investment opportunities to stay ahead of competitors long-term.
The document provides performance analysis for the Enhanced Investment Partners LLC ENHANCED DYNAMIC® 1 MODERATE ACTIVE EQUITY STRATEGY from 2008 to 2017. It shows that the strategy outperformed benchmarks like the HFN Long Only Index and HFN Multi-Strategy Index on a year-to-date, 1-year, 3-year and 5-year basis. Risk statistics like standard deviation, gain/loss deviation and Sharpe ratio indicate the strategy had higher returns with comparable or lower risk than the benchmarks. Charts visualize the strategy's growth, monthly returns distribution and rolling standard deviation. Peer analysis shows the strategy achieved above-median returns with lower standard deviation than peers in the eVest
Retirement Presentation For Small Businessguest4a21e5
This document compares various retirement plan options for small businesses, including SIMPLE IRAs, SEP IRAs, 401(k) plans, and Safe Harbor 401(k) plans. It provides details on employer and employee contribution limits, eligibility requirements, advantages and disadvantages of each type of plan. Key facts highlighted include that SIMPLE IRAs require mandatory employer contributions matching employee contributions up to 3% of compensation, while SEP IRAs allow discretionary employer contributions up to 25% of compensation.
Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
Indexed universal life insurance policies from Aviva combine the features of traditional universal life insurance with the potential to earn interest based on the performance of a stock market index. The policies provide life insurance protection, potential for cash value growth, and flexibility. Premium payments are initially placed in a basic interest strategy and then may be allocated to indexed strategies where interest is credited based on the movement of a stock market index, subject to participation rates and caps. This limits downside risk while allowing upside potential.
The document describes an "Everything Solution" product that provides safety, liquidity, yield, growth, death benefits, and long-term care benefits. It is structured as an indexed universal life insurance policy that allows deposits between $100,000-$1,000,000. Account value grows based on S&P 500 index returns up to a cap, and is protected from losses by a floor. Policyholders can withdraw funds penalty-free and interest grows tax-deferred. Upon death, beneficiaries receive proceeds income tax-free. It also allows accelerating some death benefits tax-free for long-term care costs. Case studies show how the product provides growth, income, liquidity, and long-term care benefits for different
This document provides an overview of indexed annuities, including:
- Indexed annuities can help achieve retirement savings objectives by accumulating assets on a tax-deferred basis and providing lifetime income.
- Indexed annuities have characteristics of both fixed annuities and variable annuities, offering potential returns linked to market indexes while providing a minimum guaranteed rate of return.
- Key features of indexed annuities like participation rates, caps, and indexing methods determine interest credits and impact performance.
- Indexed annuities may offer riders providing guarantees like lifetime withdrawal benefits or death benefits for additional fees.
This document discusses fixed index annuities as a retirement planning strategy. It notes that fixed index annuities offer guarantees of principal, tax deferral, flexibility, access to funds, and a lifetime income stream. They allow interest to be credited based on the growth of a chosen market index while protecting the principal. Fixed index annuities also guarantee income for life and can help address concerns about outliving one's savings.
Description of key fixed index annuity benefits, including annual point to point, guaranteed living withdrawal benefits, tax deferral, lifetime income, portfolio optimization, principal protection, social security, fixed annuity, inflation protection, retirement plans, liquidity.
1. GenSource offers a structured income product called IncomeMax that provides guaranteed lifetime income payments along with growth opportunities.
2. IncomeMax allows contract owners to allocate funds across fixed and indexed strategies to generate tax-deferred growth while guaranteeing income in retirement.
3. The product provides guaranteed lifetime income payments equal to 7% of the contract value or guaranteed lifetime income value, whichever is greater, along with annual increases to protect against inflation.
Jane decided to retire earlier than planned due to getting married. Her annuity's index crediting strategies have helped her contract value grow more quickly than traditional fixed strategies. Jim postponed retirement to help his kids and used his annuity's fixed strategies and premium enhancement to build a larger nest egg. Marty included money in his annuity inside his IRA for growth potential and downside protection during market volatility. The document discusses the features of the SecureLiving Index 10 Plus annuity, including index and fixed crediting strategies, a 3% premium enhancement, tax deferral, and access to funds.
"The Case For Annuity," by Phil Wasserman. This book shows an unbiased view on annuities, how they can offer you secure income streams, and growth potential while having no market risk or volatility.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
Enhanced Dynamic 5 Maximum Passive S&P Strategy 20170630 on 20170801Performa...Christy Vailoces
The document provides an analysis of the ENHANCED DYNAMIC® 5 MAXIMUM-S&P Strategy from July 2007 to June 2017 compared to the S&P United States BMI benchmark. Key metrics shown include annualized returns, risk analysis statistics, monthly returns, growth of $1000 chart, peer analysis and calendar year returns. The strategy had higher annualized returns than the benchmark over most periods and higher excess returns, while taking on a higher level of risk.
Certified financial planners | Equity Indexed Annuities | Retirement planningFind Me An Advisor™
This presentation from Find Me An Advisor™ will guide you through, how you can grow your retirement money with help of Certified Financial Planners with investment options like; equity indexed annuities, variable annuities and more to boost your retirement planning.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
The document discusses how annuities can provide benefits over bond mutual funds in a rising interest rate environment. It notes that bond funds will decline in value as interest rates rise, while annuities such as the SecureLiving Index 7 provide guarantees such as principal protection. The annuity offers growth potential through index-linked interest credits, guaranteed lifetime income options, and other benefits. The document advocates allocating a portion of fixed income holdings to such annuities to reduce interest rate risk compared to bond funds.
Want to understand what products to buy to insure against outliving your money? Want to learn more about how to purchase a DIA? Use this Abaris guide to better understand the options available and whether you should think about buying a DIA.
Deferred income annuities are a useful tool for protecting your retirement savings , against longevity risk. Longevity risk is the risk that you live a lot longer than you expect, therefore outliving your money. So how do DIAs work? Let’s break it down. The deferred part means that after you pay the premium to purchase your annuity there will be a period ranging from a year to several years before you begin receiving income. The income part refers to the promise of an annuity to provide you with a fixed paycheck, received monthly or yearly. Finally, the annuity aspect refers to the insurance company’s promise to continue sending payments for as long as you live.
The deferral period, the time between purchase and payments, must be at least 1-2 years, but is often much longer. A 55 year old who purchases a DIA might defer payments until age 80-85. Why the wait? The longer you defer payments, the longer the insurance company has to invest your money, and the more it will grow, and the more the insurance company is willing to promise you. Additionally, the longer you stave off receiving payments, the more confident the insurance company is that they won’t have to pay you for too long, so the better price you’ll get.
Though the concept behind a deferred income annuity isn’t new, its sales have just begun to takeoff. In 2011, there was only one annuity provider selling a premium volume of about $50 million. By 2014, the premium volume rose to $2.7 billion and the number of providers jumped to 13. Through the Abaris platform, you have access to a number of insurers: MassMutual, AIG, Principal Financial Group, Lincoln Financial Group, Guardian, Symetra, Americo, and Pacific Life. The products offered by these insurers vary, in terms of price, flexibility of premium payment, ability to commute value, and many more aspects. Whatever the differences, though, reputable authorities, including The Wall Street Journal, The New York Times, CNN Money, and Barron’s, have all sung the praises of a DIA, sighting its simplicity, security, and better pricing for you, in terms of premium and payments.
DIAs are a powerful tool, but they’re not necessarily right for everyone. What makes for a good fit? If you’re age 45-65, pre-retirement or in early retirement, in at least average health, don’t need to access the money from the annuity income immediately, have no pension, have basic expenses greater than your Social Security can cover, and want a simpler annuity then chances are you’re a good fit. In addition to these attributes, a good candidate for a DIA can say with surety that they won’t need access to the money spent on the premium, as the product has no cash or redemption value.
Advanced Markets Insight: Life Insurance Basics—Life Insurance Pricing and Po...M Financial Group
The pricing of life insurance policies is complex and dynamic. There are four factors that primarily drive pricing and policy performance: mortality, investment earnings, expenses and taxes, and persistency. The impact of the varying pricing factors on policy performance will vary in importance depending on the type of policy design. Each pricing factor is based on current experience, usually from the insurer itself but sometimes complemented by data from actuarial consulting firms, public sources, or reinsurers.
OneAmerica is an insurance company that offers participating whole life insurance policies. Dividends are a benefit of these policies that can increase cash value and death benefits without additional premium payments. Dividends are determined each year based on factors like mortality rates, expenses, and investment returns being lower than projected. Policyholders can choose to use dividends to purchase additional insurance coverage, receive cash payments, or reduce premiums. Hypothetical examples show how dividends can substantially increase long-term cash values and death benefit amounts compared to a non-dividend policy. OneAmerica has historically paid dividends even during financial crises, demonstrating their long-term commitment to policyholders.
The document is a memorandum analyzing the financial performance of Verizon in 2014 compared to its competitor AT&T. It finds that Verizon outperformed AT&T in profitability, liquidity, operating returns, and return on equity, but had higher leverage. It recommends that Verizon management reduce leverage and increase return on equity to improve profits and investment opportunities to stay ahead of competitors long-term.
The document provides performance analysis for the Enhanced Investment Partners LLC ENHANCED DYNAMIC® 1 MODERATE ACTIVE EQUITY STRATEGY from 2008 to 2017. It shows that the strategy outperformed benchmarks like the HFN Long Only Index and HFN Multi-Strategy Index on a year-to-date, 1-year, 3-year and 5-year basis. Risk statistics like standard deviation, gain/loss deviation and Sharpe ratio indicate the strategy had higher returns with comparable or lower risk than the benchmarks. Charts visualize the strategy's growth, monthly returns distribution and rolling standard deviation. Peer analysis shows the strategy achieved above-median returns with lower standard deviation than peers in the eVest
Retirement Presentation For Small Businessguest4a21e5
This document compares various retirement plan options for small businesses, including SIMPLE IRAs, SEP IRAs, 401(k) plans, and Safe Harbor 401(k) plans. It provides details on employer and employee contribution limits, eligibility requirements, advantages and disadvantages of each type of plan. Key facts highlighted include that SIMPLE IRAs require mandatory employer contributions matching employee contributions up to 3% of compensation, while SEP IRAs allow discretionary employer contributions up to 25% of compensation.
Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
Indexed universal life insurance policies from Aviva combine the features of traditional universal life insurance with the potential to earn interest based on the performance of a stock market index. The policies provide life insurance protection, potential for cash value growth, and flexibility. Premium payments are initially placed in a basic interest strategy and then may be allocated to indexed strategies where interest is credited based on the movement of a stock market index, subject to participation rates and caps. This limits downside risk while allowing upside potential.
The document describes an "Everything Solution" product that provides safety, liquidity, yield, growth, death benefits, and long-term care benefits. It is structured as an indexed universal life insurance policy that allows deposits between $100,000-$1,000,000. Account value grows based on S&P 500 index returns up to a cap, and is protected from losses by a floor. Policyholders can withdraw funds penalty-free and interest grows tax-deferred. Upon death, beneficiaries receive proceeds income tax-free. It also allows accelerating some death benefits tax-free for long-term care costs. Case studies show how the product provides growth, income, liquidity, and long-term care benefits for different
This document provides an overview of indexed annuities, including:
- Indexed annuities can help achieve retirement savings objectives by accumulating assets on a tax-deferred basis and providing lifetime income.
- Indexed annuities have characteristics of both fixed annuities and variable annuities, offering potential returns linked to market indexes while providing a minimum guaranteed rate of return.
- Key features of indexed annuities like participation rates, caps, and indexing methods determine interest credits and impact performance.
- Indexed annuities may offer riders providing guarantees like lifetime withdrawal benefits or death benefits for additional fees.
Survivor universal life insurance 4088541883 san jose california connie dello...Connie Dello Buono
connie dello buono 4088541883 san jose california ca life ins lic 0G60621 on page 3 is about preserving your heir's inheritance, charitable gifts, key person coverage and wealth transfer
The document introduces the M Financial Group and their "Super Roth" deferred compensation strategy. It summarizes that the strategy allows tax-free growth and tax-free withdrawals through a company-sponsored plan with life insurance funding. It provides hypothetical examples showing how the "Super Roth" strategy could provide higher total and spendable retirement benefits than traditional pension or personal investment strategies by diversifying accumulations and hedging against future tax increases.
This document provides information about index annuities and a new family of "hybrid" index annuities. Index annuities provide the guarantees of fixed annuities combined with the opportunity to earn interest based on potential market gains without directly participating in the market. This new family of "hybrid" index annuities offers enhanced benefits, including guaranteed income that may increase every year with the purchase of a rider. The document discusses how these annuities work, their guarantees and liquidity, income options, crediting methods, income riders, and how they can provide retirement income.
The document describes the MassMutual Equity Edge variable annuity. It provides growth potential through market participation, principal protection, and guaranteed lifetime retirement income. It offers a simplified approach with fewer ongoing decisions than traditional variable annuities. The annuity aims to be suitable for conservative investors seeking principal protection with some equity exposure for retirement.
This document describes the Transamerica Retirement Income Plus variable annuity. It offers lifetime withdrawals with rates between 4-6.5% depending on age. The annuity simplifies retirement planning by reducing choices to investment selection and contribution amount. It aims to grow and protect retirement income through features like annual compounding when withdrawals are not taken. The annuity addresses challenges retirees face like rising lifespans, declining pensions, and low interest rates.
This document discusses various retirement planning strategies using your business. It begins by asking how much readers think retirement will cost and lists common estimates. It then outlines an agenda to cover accumulating money pre-tax and after-tax, different plan types, taxation of retirement income, and combining plans. The document discusses strategies like qualified plans, IRAs, annuities, and life insurance to save both pre-tax and after-tax. It emphasizes the benefits of tax-deferred growth and argues readers should diversify their strategies between taxable, pre-tax, tax-deferred, and tax-free approaches. The document suggests meeting to review the reader's goals, existing plans, and make recommendations to help achieve their retirement objectives.
This document provides an overview of different types of annuities, including fixed interest annuities and indexed annuities. It discusses key features such as how premiums can be paid, when annuity payments begin, how annuity premiums are invested, and income options. The document aims to help readers understand how annuities can help accumulate retirement assets on a tax-deferred basis and convert those assets into retirement income. It also provides guidance on which type of annuity may be best suited for different investors based on their objectives and risk tolerance.
The Ab Cs Of Variable Annuities Presentationjtarnofs
1) Variable annuities are long-term investment products designed for retirement purposes that allow payments to an insurance company which then pays out an income or lump sum later.
2) There are fees associated with variable annuities including mortality and expense charges, sales charges, and fees for optional benefits.
3) Case studies are presented to show how variable annuities may help investors meet different financial goals like guaranteed retirement income or protecting beneficiaries.
The document discusses the benefits of fixed annuities for retirement planning. It notes that retirees face significant financial challenges, including rising healthcare and living costs. Fixed annuities offer guaranteed returns, provide a stream of income for life, and allow for tax-deferred growth. Immediate annuities provide guaranteed lifetime income, while deferred annuities allow for long-term accumulation of assets on a tax-deferred basis before receiving income.
The document discusses various retirement plan options for small businesses, including SIMPLE IRAs, SEP IRAs, and 401(k) plans. It outlines the key features of each plan such as eligibility, contribution limits, tax benefits, and ease of administration. The SIMPLE IRA requires mandatory employer contributions but has low costs and minimal administration. SEP IRAs allow discretionary employer contributions up to 25% of compensation but have no employee contributions. 401(k) plans offer higher contribution limits but more complex administration and testing requirements.
The document discusses various retirement plan options for small businesses, including SIMPLE IRAs, SEP IRAs, and 401(k) plans. It outlines the key features of each plan such as eligibility, contribution limits, tax benefits, and administrative requirements to help business owners determine the best option. SIMPLE IRAs require mandatory employer contributions but have low costs and administration, while SEP IRAs offer more flexibility in employer contributions but involve greater participation requirements.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
This document provides an overview of annuities, including:
- Annuities are insurance contracts that allow individuals to save money on a tax-deferred basis and receive guaranteed lifetime income in retirement.
- Premiums are invested and earnings accumulate tax-deferred, while payouts in retirement are partially taxed as ordinary income.
- Annuities offer benefits like guaranteed lifetime withdrawals, death benefits for beneficiaries, and options to convert savings into fixed or variable lifetime income payments.
- Factors like investment performance, age, and payout options chosen determine the amount of annuity income received in retirement.
This document summarizes a Palladium Multi-Year Guarantee Annuity that offers guaranteed interest rates for periods between 3 and 10 years. It allows the policyholder to choose a guarantee period that fits their needs and lock in a competitive rate for that time. At the end of the guarantee period, the policyholder can withdraw funds without penalty, or continue the annuity at a new effective rate. The annuity offers tax-deferred growth, access to funds through withdrawals or waivers for health issues, and passes funds to beneficiaries free of surrender charges if the owner dies.
This document summarizes the key features and benefits of the Athene Agility fixed indexed annuity. It discusses how the annuity provides growth potential through indexed crediting strategies while protecting against downside risk. It also describes how the annuity offers lifetime income through rider benefits as well as access to funds through liquidity features. The document provides an overview of Athene Annuity and Life Company's financial strength ratings to demonstrate its stability and ability to pay benefits.
Transamerica Agency Network provides an overview of their company strategy, opportunities for agents, and the products and services offered. Their strategy focuses on helping customers achieve lifetime financial security through profitable growth and delivering appropriate solutions. As an agent, you would have access to training, tools, and support to build your own business and help clients with needs like life insurance, retirement planning, and more. Transamerica offers a wide portfolio of insurance and annuity products from highly rated insurance carriers.
This document summarizes an Affordable Choice fixed indemnity insurance plan from ManhattanLife Assurance Company. The plan provides fixed daily benefits for hospital stays, surgery, doctor visits, and other medical costs. It highlights example payout scenarios and compares benefits between the Elite, Plus Elite, Classic, and Plus Classic plan options. The plan also discusses value-added benefits through partnerships with MultiPlan and RXedo that provide discounts on healthcare and prescription drugs.
This document summarizes a cancer-only insurance plan from Transamerica that helps pay medical expenses related to cancer treatment. The plan pays specified inpatient and outpatient cancer treatment expenses directly to the policyholder. Benefits include payments for hospital room and board, surgery, prescription drugs, and other expenses up to certain dollar limits. The plan is guaranteed renewable for life as long as premiums are paid, but benefits and premiums may be reduced at age 65. The plan includes exclusions and is meant to supplement other health insurance.
This document provides an overview of three final expense insurance plans - Immediate Solution, 10 Pay Solution, and Easy Solution - offered by Transamerica Life Insurance Company. It summarizes key details of the plans, including coverage amounts, issue ages, premium structures, and optional riders. The plans are presented as alternatives for individuals who believe Social Security or Veterans benefits will not fully cover their end-of-life expenses, which are estimated to average over $24,000. The document promotes the plans as ways to financially protect loved ones from the burden of funeral costs.
The document discusses a life insurance policy that provides death benefit protection while also allowing policyholders to access a portion of the death benefit if diagnosed with a critical or chronic illness. It provides an example of a 45-year-old man who suffers a heart attack and accelerates 90% of his $500,000 policy, receiving $268,219 to pay medical bills and other expenses while keeping $50,000 of the death benefit for his family. It also gives an example of a man who develops rheumatoid arthritis at 55 and can accelerate portions of his policy annually to pay for health care costs while preserving the rest of the savings for his family and retirement. The policy is presented as a way for clients to prepare for unexpected medical
This document summarizes a fixed index annuity product called the Transamerica Secure Retirement Index Annuity. It offers downside protection, as the interest credited to policy values is guaranteed to never be less than zero. The annuity allows allocation of funds to a fixed account and two index accounts linked to the S&P 500 and MSCI EAFE indexes. A premium enhancement is applied to initial premium payments. The accumulation phase allows for tax-deferred growth potential while various payout options are available during the annuitization phase to provide guaranteed retirement income.
This document provides information about the Transamerica Secure Retirement Index Annuity, a fixed index annuity issued by Transamerica Life Insurance Company. The document is intended for agent use only and not for use with the public. It discusses features of the annuity such as index account options, surrender charge periods, living benefits, and other product details. The overall purpose is to educate agents on the Transamerica Secure Retirement Index Annuity so they can help clients plan for a more secure retirement.
This document provides information on training that can be conducted at an office to teach various bookkeeping skills in QuickBooks and Xero, such as entering checks, deposits, payments, bills, and running financial reports. It also lists contact information for scheduling a 3-hour on-site training session for $199. Additionally, it describes monthly bookkeeping services that can be provided for small businesses using QuickBooks or Xero, including bank reconciliation, transaction classification, and producing financial statements.
This document provides an overview of QuickBooks training that can be conducted on-site for $249, with sessions lasting 2-3 hours. The training covers how to perform key financial tasks in QuickBooks like inputting checks, recording deposits, receiving payments for accounts receivable and accounts payable, deleting transactions, preparing and downloading imports, and running financial reports like the profit and loss statement and balance sheet. It also includes how to enter bills in QuickBooks.
The document provides an overview of index universal life insurance policies offered by Transamerica Financial Foundation that allow policy owners to allocate premiums across different index and interest accounts. The policies offer a guaranteed minimum interest rate while also providing the potential to earn excess interest credits linked to changes in the S&P 500, Euro Stoxx 50, and Hang Seng indexes, up to stated caps. Historical index performance data and hypothetical returns applying the current rates/caps are presented to illustrate how the policies' interest credits are calculated.
The document discusses final expense life insurance policies that can help cover funeral and other end-of-life costs. It notes that final expenses like funerals can cost thousands of dollars, but many Americans incorrectly believe that government programs will fully cover these costs. The document then provides details on three final expense life insurance policies - Immediate Solution, 10 Pay Solution, and Easy Solution - that offer coverage from $1,000 to $50,000 with no medical exams required. Riders are available to accelerate the payout for qualifying health issues. Worksheets are included to help estimate costs and determine the appropriate coverage amount.
The document describes how the author's father died when she was 12, leaving her family without much financial support or life insurance. This caused the family to struggle financially, sometimes without electricity or water. The author had to grow up quickly to help support the family. She is now in college studying computer science thanks to a scholarship. The author concludes that while life insurance cannot bring a parent back, it can make the aftermath of their death easier for those left behind by providing financial support.
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OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
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1. A FIXED INDEX ANNUITY IS NOT A SECURITY and fixed index annuity policies are not an investment in the stock market or
in the indexes. Index account interest is based, in part, on index performance.
Past performance of an index is not an indication of future index performance. There is no guarantee that the index interest
rate will be greater than zero percent. There is no guarantee that the Company will declare an interest rate greater than the
guaranteed minimum effective interest rate.
TRANSAMERICA SECURE RETIREMENT INDEX® ANNUITY
AND OPTIONAL TRANSAMERICA INCOME PLUS® LIVING BENEFIT
Annuities may lose value due to fees and charges and are not insured by the FDIC or any federal
government agency. They are not a deposit of or guaranteed by any bank, bank affiliate, or credit union.
Transamerica Secure Retirement Index ® Annuity and optional Transamerica Income Plus ® living benefit are issued by
Transamerica Life Insurance Company, Cedar Rapids, Iowa. Not available in New York or Montana.
11/2018
2. A modified flexible premium fixed index annuity that offers a number
of benefits to help you meet your accumulation and income needs.
Premiums are allowed in the first contract year only.
KEY BENEFITS
• Tax-deferred interest earnings that helps your money grow faster over time
(Note: No additional tax-deferral benefits will be derived from placing IRA or other tax-
qualified funds into an annuity. Key benefits other than tax-deferral should be considered
in the purchase of a qualified annuity).
• The opportunity to put your money in a fixed account that offers a guaranteed rate of
interest, two index account options that provide additional growth potential, or any
combination of the three account options.
• Protection provided by a guarantee that interest credited will never be less than zero.
• The ability to access a portion of your policy value annually with penalty-free withdrawals.
• The opportunity to customize your income needs through a number of different payout
options from which to choose.
WHY TRANSAMERICA?
Transamerica Life Insurance Company has received high ratings from the industry’s most
respected independent rating services - A.M. Best Company, Fitch Ratings, Moody’s
Investors Service and SP Global Rating Services. As a measurement of our financial
strength, these ratings are a direct reflection of the care with which we manage
our business.
TRANSAMERICA SECURE RETIREMENT INDEX
®
ANNUITY
This brochure is intended to provide you an overview of the Transamerica Secure Retirement Index Annuity features and
guarantees. Further important details can be found in the Transamerica Secure Retirement Index Annuity Statement of
Understanding. Please read it carefully.
Please also review the Transamerica Secure Retirement Index Annuity Current Rates Flyer. There could be a meaningful difference
between the maximum, minimum and guaranteed rates described in this brochure. The cap rate, spread, participation rate and
surrender charge period will vary depending on the premium enhancement selected.
All contract guarantees described in this brochure are based on the claims-paying ability of Transamerica Life Insurance Company,
Cedar Rapids, Iowa
2
3. You’ve worked hard to prepare and save, but planning for retirement brings a
myriad of challenges. You’ll want to be confident that you can enjoy the lifestyle
you envisioned and that you’ll have income available when you need it.
A fixed index annuity is something you may want to consider; with an
accumulation phase during which your money earns interest, and an
annuitization phase, when you can receive a steady stream of income.
RETIREMENT REALITIES
GUARANTEED INCOME1
Few retirees have the benefit of a pension
to guarantee a steady stream of income
through retirement. Nowadays, it’s up to
you to create your own stream of reliable
income. You want the financial security that
comes with knowing your money will last all
the way through your retirement. Our fixed
index annuity can help.
DOWNSIDE PROTECTION
As you get closer to retirement, a sudden
downturn could send you off course.
With our fixed index annuity, you get the
confidence from knowing that a downturn in
the market won’t reduce your policy value.
Importantly, interest credited to your policy
is guaranteed never to be less than zero.
1
U.S. Bureau of Labor Statistics: Employee Benefits in Industry: A Pilot Survey, 1979; and Retirement Benefits, National Compensation Survey, March 2017
There is no additional tax-deferral benefit derived from placing IRA or other tax-qualified funds into an annuity. Features other than tax-deferral should be considered in the
purchase of a qualified annuity.
-10% Loss
Requires
+11% Gain
Requires
+25% Gain
Requires
+43% Gain
Requires
+67% Gain
Requires
+100% Gain
-20% Loss
-30% Loss
-40% Loss
-50% Loss
Gain
Loss
TRANSAMERICA SECURE RETIREMENT INDEX® ANNUITY PROVIDES:
3
TRANSAMERICASECURERETIREMENTINDEX®ANNUITY|TRANSAMERICA
GAIN NEEDED TO RECOVER FROM A MARKET LOSS
PENSIONS HAVE BECOME RARE
87% with
pensions in 1979
15% with
pensions in 2017
4. 4
THE ACCUMULATION PHASE:
OPPORTUNITY FOR INTEREST EARNINGS
With interest rates at historical lows and life expectancies increasing, the need to
grow your nest egg may be more important than ever.
PREMIUM ENHANCEMENT
To help you get started, the Transamerica Secure Retirement Index® Annuity offers a premium enhancement that will
be added to your policy value when we receive your first payment and any additional payments made during the
first year. It’s a percentage of your premium and can vary based on the surrender charge* schedule you choose, but
it will never be less than 0.25%.
The premium enhancement is not intended to reimburse surrender charges on an annuity replacement nor applied
if a policy is canceled in the free look period. Premium enhancements vary along with surrender charges, index
account caps, spreads and participation rates. A higher premium enhancement percentage does not guarantee
higher long term policy values. Please be sure to consider your personal situation when electing annuity features.
*CanvaryforthestateofCT.
THREE ACCOUNT OPTIONS FROM WHICH TO CHOOSE
You can allocate your policy value to a fixed account or any combination of the following two index account options:
the SP 500® Index account and the MSCI EAFE Index account. Everyone’s circumstances are unique, and your
financial professional can help you determine whether these account options are right for you.
The cap rate, participation rate, spread, fixed account rate and the premium enhancement rate fluctuate. Please
review the Transamerica Secure Retirement Index Annuity Current Rates Flyer. Ask your financial professional
for a copy.
ACCOUNT
OPTIONS
DESCRIPTION INTEREST CREDITED
FIXED ACCOUNT
Transamericasetsaninterestratethatisguaranteedforoneyear
startingonthedateoftheallocation.Thedeclaredinterestratewill
neverbelessthan1.00%duringthesurrenderchargeperiodand
0.25%afterthesurrenderchargeperiod.
Baseduponadeclaredinterestratethatappliesforaone-yearcreditingperiod.
Interestiscrediteddailyandcompoundedannually.
SP 500®
INDEX ACCOUNT
TransamericadeterminesanindexinterestratebasedontheSP
500®whichisacommonlyrecognizedindexmadeupoflarge-cap
stocksandfeatures500industry-leadingcompaniesdesignedto
measuretheU.S.economyandoverallmarket(withoutdividends).
Interestiscreditedattheendofacreditingperiodandisguaranteednottobeless
thanzero.Interestisbasedonthepercentagechangeintheindex,asmeasuredby
comparingitsvalueatthebeginningandtheendofthecreditingperiodreduced
bythespreadandparticipationrate,nottoexceedapredeterminedannualindex
caprate.Thespread,participationrate,andindexcapratearedeclaredpriortothe
creditingperiod,guaranteedforoneyearandsubjecttochangeannually.MSCI EAFE
INDEX ACCOUNT
Transamericadeterminesanindexinterestratebasedonthe
MSCIEAFEIndexwhichisdesignedtomeasuretheequity
performanceof21developedmarketsoutsideoftheU.S.
andCanada(withoutdividends).
CAP: The maximum rate of interest the index account(s) may receive during a
particular crediting period. If the index percentage change is greater than the cap,
the cap will limit the interest rate credited. The minimum cap rates are as follows:
SPREAD: The rate deducted from the percentage change in the index value.
We guarantee the spread will never be higher than 0%.
PARTICIPATION RATE: The percentage used to calculate the index interest rate
after the application of the spread. We guarantee the participation rate will never be less than 100%.
Surrender
Charge
Period
Minimum cap
rate during
surrender
charge period
Minimum cap
rate after sur-
render
charge period
5 year 2.00% 1.00%
8 year 3.00% 1.00%
10 year 1.00% 1.00%
5. 5
TRANSAMERICASECURERETIREMENTINDEX®ANNUITY|TRANSAMERICA
HOW DOWNSIDE PROTECTION WORKS – A HYPOTHETICAL EXAMPLE
With Transamerica Secure Retirement Index® Annuity, your policy value will not decrease
due to negative market performance. Allocations to an index account are not an
investment in the stock market or indexes, nor do they participate directly in any
equities or fixed income. Interest credited is guaranteed to not be less than zero.
DOWNSIDE PROTECTION FOR YOUR POLICY VALUE
The market index may decrease, but
your policy value will not be impacted.
However, the policy value could decrease
as a result of rider charges or other fees.
Following a year of negative market
index performance, the market heads up.
The index account does not have to make up
previous losses before your annuity can earn
index interest. Your policy value can increase
at the end of the crediting period in which a
positive market index change takes place.
This hypothetical example is provided for illustrative purposes only and does not reflect any surrender charges or other expenses
that may be assessed. It assumes no policy value was allocated to the Fixed Account, no additional premiums were added in the
first contract year, and no withdrawals were taken. With the purchase of a living benefit, the policy values will be reduced by the
cost of the living benefit. This may result in a loss of principal if the living benefit charge exceeds the interest credited.
POLICY VALUE
MARKET INDEX
ASSUMES ZERO INTEREST CREDITS
LOCK IN OF POLICY VALUE
Y1 Y2 Y3 Y4START
A
B
A B
6. 6
We know that flexibility is important. That’s why in any given year with Transamerica Secure
Retirement Index® Annuity, you may withdraw - penalty free - up to an amount equal to 10%
of your total premium payments. So in case you need money for an emergency like medical
care, you can have access to your cash value. Withdrawals in excess of the 10% annually
will be subject to a surrender charge and premium enhancement recapture. Penalty-free
surrenders are also available through the unemployment and nursing care or terminal
condition waivers that are available for no additional fee. Please refer to the contract for
specific details.
A larger premium enhancement may result in lower credited interest rates for the Fixed
Account, less favorable Caps, Participation Rates and Spreads for the Index Accounts,
higher surrender charges, or longer surrender charge periods than for annuities that do
not include or has a smaller premium enhancement. Please discuss the different options
with your financial professional.
ACCESS TO YOUR CASH VALUE ON YOUR TERMS
SURRENDER CHARGE SCHEDULE
Years Since Premium Payment Date 0-1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9 9-10 10+
10-Year Surrender Charge Percentage 9% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%
8-Year Surrender Charge Percentage 8% 8% 7% 6% 5% 4% 3% 2% 0% 0% 0%
5-Year Surrender Charge Percentage 7% 7% 6% 5% 4% 0% 0% 0% 0% 0% 0%
PREMIUM ENHANCEMENT RECAPTURE SCHEDULE
Years Since Policy Date 0-1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9 9-10 10+
10-Year Recapture Percentage 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
8-Year Recapture Percentage 100% 87.5% 75% 62.5% 50% 37.5% 25% 12.5% 0% 0% 0%
5-Year Recapture Percentage 100% 80% 60% 40% 20% 0% 0% 0% 0% 0% 0%
Surrender charges are a percentage of the premium amounts withdrawn from the policy value.
Please see the Statement of Understanding for more information on withdrawals and surrender charges. Some options may not be available
to all firms.
Premium enhancements are subject to recapture for withdrawals that exceed the surrender charge free amount and for
full surrenders. Some options may not be available to all firms.
7. 7
TASECTIONNAMEFOLIO|TRANSAMERICA
2
Contractually we reserve the right to avoid making payments of less than $20.
All guarantees are based on the claims-paying ability of Transamerica Life Insurance Company.
With Transamerica Secure Retirement Index® Annuity, choose from the following fixed annuitization options:2
We all have different goals, dreams, and needs. That’s why we make available several
different annuitization options that provide you the flexibility and choices you need to
create an income stream that suits your particular situation.
THE DISTRIBUTION PHASE: THE INCOME YOU NEED
INCOME FOR A SPECIFIED PERIOD
We will make guaranteed level payments only for
the specific period you choose. Payments must be
made for at least 120 months and may not exceed the
annuitant’s life expectancy. No funds will remain at the
end of the specified period.
LIFE INCOME
Life Only - We will make guaranteed level payments
only during the annuitant’s lifetime.
Life 10 Years Period Certain - We will make
guaranteed level payments for the longer of
• the annuitant’s lifetime or
• 10 years.
Guaranteed Return of Proceeds - We will make
guaranteed level payments for the longer of
• the annuitant’s lifetime or
• until the total dollar amount of all income
payments made to you equals the amount
applied to this option.
INCOME OF A SPECIFIED AMOUNT
Payments are made for any specified amount until the
amount, with interest, is exhausted. Payments must be
made for at least 120 months and may not exceed the
annuitant’s life expectancy.
JOINT AND SURVIVOR INCOME
Life Only - We will make guaranteed level payments
only during the annuitants’ lifetimes;
or
Life 10 Years Period Certain - We will make
guaranteed level payments for the longer of
• the annuitant’s lifetime and a joint annuitant
of your selection or
• 10 years.
WHAT HAPPENS IF I PASS AWAY?
If the annuitant passes away before the annuity income payments begin, we pay the death benefit of the annuity
to your beneficiary. The amount of the death benefit will be the greater of the policy value or the minimum
required cash value. If the annuitant passes away after the income payments start, depending on the type of
income option you choose, we will pay the remaining income payments, if any, to your beneficiary.
Other rules may apply depending upon the relationships between the owner, annuitant, and beneficiary. Please
see the Death Proceeds section of the policy for more information.
WHO’S WHO IN A FIXED INDEX ANNUITY
INSURANCE COMPANY
The company that issues the
annuity and is responsible for
the guarantees.
OWNER AND/OR ANNUITANT
Usually the same person, but they can be
different. The owner makes the decisions
regarding the annuity, and the annuitant is
the person whose life expectancy is used to
calculate and receive annuity payments.
BENEFICIARY
The beneficiary is the person
who receives the annuity’s
death benefit in the event of
the annuitant’s death.
8. 8
TRANSAMERICA SECURE RETIREMENT INDEX
®
ANNUITY
AT-A-GLANCE
Fees will be deducted, as appropriate, from the policy value. An annual service charge may be deducted from the policy value. We also deduct surrender charges plus any
premium enhancement recapture, if a withdrawal is taken that exceeds the surrender charge-free amount within the surrender charge period. The policy value less these
charges, as applicable, would be the amount that is available upon early surrender, as a death benefit, or the amount that may be annuitized under the contract.
Money flow does not include election of the optional Transamerica Income Plus® living benefit.
ANNUITIZATIONDEATH BENEFIT
CASH
SURRENDER VALUE
MSCI EAFE
INDEX ACCOUNT
SP 500®
INDEX ACCOUNT
PREMIUM PAYMENT
• Annual service charge
• Surrender charge
• Premium enhancement
recapture
• Withdrawals
POLICY VALUE
DISTRIBUTION OPTIONS
PREMIUM ENHANCEMENT
PLUS
LESS APPLICABLE
ALLOCATION CHOICES
INTEREST
FIXED
ACCOUNT
9. 9
TRANSAMERICASECURERETIREMENTINDEX®ANNUITY|TRANSAMERICA
By selecting the optional Transamerica Income Plus living benefit, you retain all the
features and benefits of the Transamerica Secure Retirement Index® Annuity plus
gain additional benefits.
KEY BENEFITS
• A guaranteed lifetime withdrawal benefit that will provide you with the opportunity for a steady
stream of income.
• The opportunity to increase the guaranteed lifetime withdrawal benefit through the guaranteed annual growth
rate percentages.
• Access to the remaining policy value upon policy surrender.
Available at an additional cost, this living benefit helps to provide you with certainty in your retirement planning.
OPTIONAL TRANSAMERICA INCOME PLUS
®
LIVING BENEFIT
GROWTH YOU CAN COUNT ON
With the optional Transamerica Income Plus living benefit, you
have the potential to receive an increased guaranteed lifetime
withdrawal benefit due to the guaranteed annual growth rate.
Your attained age on the living benefit anniversary determines the
growth rate percentage. See the chart to the right.
The growth associated with this living benefit could increase your
guaranteed lifetime withdrawal benefit, but, is not interest credited
to the policy value or available upon a withdrawal or as a cash
surrender or death benefit.
Your guaranteed lifetime withdrawal benefit would not increase
due to growth (could still receive a step-up) in any given year in
which a withdrawal is taken, if it is after the 10th living benefit
anniversary, or if prior to age 50. Excess withdrawals will reduce
your guaranteed lifetime withdrawal benefit. Additional living
benefit details can be found in the Statement of Understanding.
AGE GROWTH PERCENTAGE
0 – 49 0.00%
50 – 54 10.00%
55 – 59 10.00%
60 – 64 10.00%
65 – 69 10.00%
70 – 74 10.00%
75 – 79 10.00%
80 – 84 10.00%
85+ 10.00%
For joint life, the growth rate percentages are based on the
attained age of the younger of the annuitant or annuitant’s spouse
ANNUAL GROWTH RATE PERCENTAGES
(SINGLE AND JOINT LIFE)
10. 10
The optional Transamerica Income Plus living benefit takes the worry away with the
opportunity to lock in a guaranteed future income stream while maintaining access
to your remaining policy value.
GUARANTEED LIFETIME INCOME
With Transamerica Income Plus, the future becomes a bit more predictable
with the steady stream of income available through the guaranteed
lifetime withdrawal benefit.
Once you have reached the minimum benefit age of 50, you can
withdraw up to a certain percentage of the withdrawal base each policy
year, regardless of your policy value. See the chart to the right.
That income – called the living benefit withdrawal amount – is guaranteed
for the rest of your life as long as you do not take excess withdrawals.
This amount is locked in at the time of your first withdrawal.
While excess withdrawals are permitted, they will reduce your living
benefit withdrawal amount. If a withdrawal in excess of the living benefit
withdrawal amount causes the policy value to reach zero, the living
benefit and policy will terminate and no more benefits are payable.
Additional living benefit details can be found in the Statement of
Understanding.
ACCESS TO POLICY VALUE
Another important benefit to the Transamerica Income Plus living benefit is your ability to access any remaining
policy value or for a death benefit to be paid. In the event your needs change, you may take withdrawals or
surrender this policy at any time for any remaining policy value. Surrender charges may apply. Should you pass away
while receiving living benefits, your beneficiary will receive a death benefit equal to any remaining policy value.
HOW MUCH DOES TRANSAMERICA INCOME PLUS COST?
The initial benefit fee is 1% of the withdrawal base. This amount is divided by four and is deducted quarterly from
the policy value. This fee percentage can increase up to the policy maximum of 1.75% on a living benefit anniversary
when there is an automatic step-up. Should the living benefit fee rate increase as a result of a step-up, you have 30
days to reject the automatic step-up. Because the fee is a percentage of the withdrawal base, the amount of the
fee will fluctuate if the withdrawal base increases or decreases. The fee could reduce your policy value below your
original premium. It is important to note that if you purchase the Transamerica Income Plus living benefit prior to age
50, the living benefit fee will still be charged even though living benefits do not become available until age 50.
OPTIONAL TRANSAMERICA INCOME PLUS
®
LIVING BENEFIT
AGE WITHDRAWAL PERCENTAGE
0 – 49 0.00%
50 – 54 3.40%
55 – 59 3.90%
60 – 64 4.40%
65 – 69 4.90%
70 – 74 5.40%
75 – 79 5.90%
80 – 84 6.40%
85+ 6.90%
For joint life, the withdrawal percentages are 0.50% less and are
based on the attained age of the younger of the annuitant or
annuitant’s spouse
All withdrawals reduce the policy value and death benefit. Withdrawals may be subject to surrender charges. Withdrawals that do not exceed the living benefit withdrawal
amount do not impact the guaranteed lifetime withdrawal benefit. See the Statement of Understanding for additional details.
Withdrawals of taxable amounts are subject to ordinary income tax and may be subject to a 10% additional federal tax if withdrawn before age 59½.
Generally, withdrawals and service charges deducted during a crediting period will not be credited interest.
ANNUAL WITHDRAWAL RATE
PERCENTAGES (SINGLE LIFE)
11. 11
TRANSAMERICASECURERETIREMENTINDEX®ANNUITY|TRANSAMERICA
CASE STUDY: IRA ROLLOVER
MEET ANN
Age 63
Currently employed
Regular IRA contributor
IRA balance: $100,000
RETIREMENT GOALS
Retire at age 73
Guaranteed lifetime income
Protection against principal loss
Growth potential
SOLUTION:
Roll over Ann’s IRA into the Transamerica Secure Retirement Index® Annuity with Transamerica
Income Plus® living benefit. Ann chooses a 10-year surrender period and receives a 3% premium
enhancement. She contributed $100,000 and by age 85 would have received a total of $135,486 in
withdrawals and by age 100 a total of $281,394.
The example includes the deduction of the initial annual living benefit fee is 1%. The maximum annual living benefit fee percentage may increase to 1.75%.
Thefeeforthisoptionisdeductedfromthepolicyvaluewhiletheannuityandtheoptionallivingbenefitarebothactive.Anannualservicechargemaybededucted
fromthepolicyvalue.
There is no additional tax-deferral benefit derived from placing IRA or other tax-qualified funds into an annuity. Features other than tax-deferral should be
considered in the purchase of a qualified annuity.
Any withdrawals, including those permitted under the living benefit, reduce the fixed index annuity’s policy value, death benefits, and other values.
All guarantees, including optional benefits, are based on the claims-paying ability of Transamerica Life Insurance Company.
Ann is 63 and wants to start taking withdrawals when she
retires at 73. As long as no withdrawals are taken until the
10th year, the withdrawal base under the Transamerica
Income Plus living benefit increases* for a total of 9 years
at a 10.00% growth percentage each year.
*IncreaseduetoGrowthComponentBasemultiplied
bytheGrowthRatePercentage.SeePage9
This is an hypothetical example and does not guarantee or predict actual results.
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
WITHDRAWAL BASE WITHDRAWALS POLICY VALUE
$10,422
Annually
$10,422
Annually
$10,422
Annually
$10,422
Annually
$10,422
Annually
$10,422
Annually
Total Withdrawals
Received
$281,394
Withdrawals
Received $135,486
Policy Value
$0.00
Withdrawal Base
$193,000
Starting
Policy Value
$103,000
$160,000
$150,000
$140,000
$130,000
$120,000
$110,000
$100,000
$90,000
$80,000
$70,000
$60,000
$40,000
$30,000
$20,000
$10,000
$0
$50,000
$170,000
$180,000
$190,000