Protect Your Contributions, Grow Your Potential
In today’s financial environment, the recent downturn and volatility has heightened fears and uncertainties, making our Flex Fixed Indexed Annuities (FIA) a powerful strategy designed to help people safeguard their retirement contributions while offering growth potential.
Key Benefits of Fixed Indexed Annuities
- Principal Protection: FIAs can provide income protection against market fluctuations.
- Upside Potential: FIAs allow clients to earn interest based on the performance of a chosen market index, offering a balanced approach to growth and security.
- Tax-Deferred Growth: FIAs enjoy the advantage of tax-deferred growth, allowing policy values to potentially grow without the immediate tax burden.1
- Predictable Income: Certain FIAs offer a rider that can provide a guaranteed stream of income throughout retirement, offering peace of mind and financial security. 2
Why FIAs may be a choice for 403(b) Plans in School Systems
- Security for Educators: FIAs offer a solid option for risk-averse educators seeking stable growth without the fear of losing their policy values.
- Long-Term Stability: The predictable income from FIAs helps educators plan for retirement with confidence, knowing they have a reliable source of income.
- Enhanced Retirement Strategies: By including FIAs in 403(b) plans, school systems can provide employees with a diversified approach that balances growth and security.
Fixed Indexed Annuity Resources:
1. Buying an annuity within a tax-deferred retirement plan does not offer extra tax benefits. If considering an annuity within a retirement plan, base your purchase decision on the annuity’s other features and benefits as well as its risks and costs, not its tax benefits. Indexed annuities do not directly participate in any stock or equity investments. Guarantees are dependent on the claims paying ability of the issuing company.
2. Guaranteed Lifetime Withdrawal Benefits (GLWBs) are only available to purchase on Life Insurance Company of the Southwest (LSW) fixed indexed annuities.
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