ABCs of Annuities

Saving for retirement is more important than ever
Financial experts estimate that you may need up to 80% of your pre-retirement income in retirement. With longer life expectancies and uncertainty over how much Social Security will provide or cover, your employer-sponsored plans (like 401(k)s and 403(b)s) and IRAs might not be enough to accumulate the savings you need.

Supplement your employer-sponsored retirement plans and IRAs
An after-tax annuity offers:

• Virtually no limits¹ on contributions
• No taxes on earnings until they're withdrawn
• Income options including a stream of income guaranteed² for life

The calculations assume no withdrawals during the period indicated, and do not reflect deduction of any expenses. If expenses were included, the performance would be lower. The assumed rate is purely hypothetical and is not intended to predict the actual performance of any account. Total returns and the principal value of investments in the variable annuity accounts will fluctuate and yields may vary. Withdrawals of earnings from a retirement account or annuity are subject to ordinary income tax. A federal 10% tax penalty may apply for withdrawals made prior to age 59½. See your tax advisor for more information on your particular situation.

• What is an annuity?
  Learn the basics.
   
• What are your choices?
  Understand what kinds of after-tax annuities are available to help you meet your savings and income goals.
   
• Is an annuity right for you?
  Find out if an annuity is right for you by answering just a few questions.
   
• Annuities and life stages
  Whether you are saving for retirement, approaching retirement, or living in retirement, after-tax annuities can play a useful role.