Fixed Annuity AccountsFixed Annuity Accounts

Understanding the safety, Understanding the safety, security, income, probate and security, income, probate and tax deferral associated with tax deferral associated with

annuitiesannuities

Visit us at:http://www.ohioinsureplan.com

Fixed Annuity SafetyFixed Annuity Safety

• Accounts are insured to certain levelsAccounts are insured to certain levels

• Insured up to $250,000 in many statesInsured up to $250,000 in many states

• Backed by insurance company reservesBacked by insurance company reserves

• Highly regulated industryHighly regulated industry

• Consumers can check financial stability Consumers can check financial stability of chosen annuity provider with A.M. of chosen annuity provider with A.M. BestBest

Rest assured that your deposits will be there when you need them

Annuity Income and WithdrawsAnnuity Income and Withdraws

• Withdraw regular monthly interest Withdraw regular monthly interest income income

• Withdraw income as neededWithdraw income as needed

• Annuitize account for lifetime incomeAnnuitize account for lifetime income

• Free withdraws for long term careFree withdraws for long term care

• Tax free withdraws for long term careTax free withdraws for long term care

• Access to principal each year if neededAccess to principal each year if needed

*Must be over age 59 ½ for interest only withdraws

Fixed Annuity Accounts & Fixed Annuity Accounts & ProbateProbate

• Assign proceeds to chosen Assign proceeds to chosen beneficiarybeneficiary

• Monies can pass probate free to Monies can pass probate free to familyfamily

• Insurance company does not keep Insurance company does not keep proceeds at passing of account proceeds at passing of account owner(s)owner(s) Annuities allow owners to disperse funds to

beneficiaries all at once or over time. Accounts are very valuable tool for stretch IRA accounts.

Annuity Income Tax DeferralAnnuity Income Tax Deferral

• No obligation to withdraw earned No obligation to withdraw earned interestinterest

• Defer income taxes for years or lifeDefer income taxes for years or life

• Compound interest on a daily basisCompound interest on a daily basis

• Higher growth than bank CD’sHigher growth than bank CD’s

• Choose when to pay taxes on incomeChoose when to pay taxes on income

• Valuable investment for those in upper Valuable investment for those in upper tax bracketstax brackets

Annuity Interest RatesAnnuity Interest Rates

• Rates will vary from company to Rates will vary from company to companycompany

• Rates can be locked in for several Rates can be locked in for several yearsyears

• Some companies offer floating rates Some companies offer floating rates when fixed interest rates are lowwhen fixed interest rates are low

*Click here for current interest rates*