A variable annuity is designed for people willing to take more risk with their money in exchange for greater growth potential.

When planning for retirement, you might want to consider a variable annuity. Variable annuities are long-term contracts between you and an insurance company, in which the insurer agrees to make periodic payments to you in exchange for your purchase payment(s), beginning either immediately or at some future date. There are two phases to a variable annuity. The first is the accumulation phase, where you have the potential to grow your assets on a tax-deferred basis until your money is withdrawn. The second is the annuitization phase, where variable annuities provide guaranteed payments for a specified period of time or for the rest of your life.

Today's, variable annuities can help address the many challenges facing retirees and pre-retirees like you. You need to prepare for the likelihood of a lengthy retirement. A long retirement combined with a potentially higher cost of living, means traditional sources like Social Security and pensions may not be sufficient to fund your retirement. A variable annuity has benefits and features that can help.

Variable Annuity Benefits:
• A variety of professionally managed investment options
• Optional living benefits (available at an additional cost), that can help protect your retirement income
• A guaranteed death benefit to help protect your beneficiaries
• An opportunity for your investment to grow on a tax-deferred basis