Benefits of indexed annuities
Withdrawals reduce the annuity’s remaining death benefit, contract value, cash surrender value and future earnings. Withdrawals may be subject to income tax and, if taken prior to age 59 ½, an additional 10% IRS tax penalty may apply. More frequent withdrawals may reduce earnings more than annual withdrawals.
What makes indexed annuities from Protective different?
If you want the potential to grow your retirement nest egg, but are concerned about the volatility of the stock market, an indexed annuity may be right for you.
If you want to secure an income stream for retirement, but want the potential to continue to grow your money with limited risk, you might consider an indexed annuity.
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An indexed annuity is not an investment in an index, is not a security or stock market investment and does not participate in any stock or equity investments.
Annuities are not a deposit, not insured by any federal government agency, carry no bank or credit union guarantee, are not FDIC/NCUA insured and may lose value.
All payments and guarantees are subject to the claims-paying ability of Protective Life Insurance Company.