Is a comfortable retirement one of your financial goals?
If so, your planning should include one or more of American National's
deferred annuities, and here's why!
Competitive interest earnings. You can choose from three
different plans, each offering a different first-year interest
rate. Your annuity's value will always earn a competitive rate
of interest, never less than 3%.
Safety and security. You'll be doing business with one
of the country's largest, strongest, and most respected insurance
companies.
Tax advantages. A deferred annuity earns interest on a
tax-deferred basis. Income tax on those interest earnings is postponed
until the money is withdrawn.
Liquidity. You'll be able to withdraw money from your
annuity at any time, subject to applicable surrender charges,
if any, during the years of the policy.
Lifetime income. You may someday elect to "annuitize"
your contract and begin receiving a guaranteed regular income
for as long as you live (or for another predetermined length of
time.)
No administrative fees, loads, or charges.
Free withdrawal privilege every year. Ten percent of the
annuity value, as of the first day of each policy year, can be
withdrawn during that policy year without incurring a surrender
charge. (Withdrawals prior to the owner's age 59 1/2 may result
in a tax penalty.)
Systematic withdrawals. You can arrange for automatic
withdrawals (equal to your interest earning or some fixed amount
you choose) to occur every month, every quarter, every six months,
or every year. Systematic withdrawals may incur surrender charges.
Annuitization. After the fifth policy year (or possibly
sooner, depending on the plan you select and company's current
practice) you'll be able to annuitize your contract and begin
receiving a regular payout, guaranteed to last for as long as
you live (or for some other guaranteed length of time that you
select.)
Quarterly statements. Every three months, you'll receive
a statement providing details as to your annuity's interest earnings
and other transactions, if any, during the quarter.
Death benefit. At the annuitant's death, the entire accumulated
value of the annuity will be paid immediately to the named beneficiary.
Generally, death proceeds paid to a named beneficiary (not the
annuitant's estate) are not subject to the probate process.
No maximum age limit for the contract owner.
Options. The annuity can be non-qualified, or can be the
funding vehicle for an IRA, TSA, SEP or other qualified retirement
plans.
