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Annuity With Us Today!

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Protect Your Future Today And Lock In Income For Life With A TOLIC Annuity

Frequently Asked Questions

What is an annuity?

An annuity is a contract between you and an insurance company, which is designed to increase and protect your money without risk of loss at the end of the chosen term, and offer a guaranteed stream of income for a specific period or for life.

What types of annuities are available and how are they classified?

Fixed Annuity – your investment grows based on a guaranteed interest rate for a specific term.
Indexed Annuity – offers an interest rate tied to the behavior of stock market indexes and the potential to increase earnings based on index growth, and with market downturn protection.

What advantages or differences do annuities have over other investment alternatives?

Contribution deferral – profits earned are not taxable until the moment when withdrawals or distributions are made.
Death Benefits – contributions are generally protected against risk in the event of death.
Available as an Individual Retirement Annuity
- Contributions may be deductible from the income tax return, up to a maximum established by law.
- Allows transfers from other IRAs or pension plans.

When can I start receiving money?

Partial withdrawals - you can withdraw up to 10% of the premium paid annually, with no early withdrawal or market value adjustment charges. Subject to a maximum of 50 % in 7 and 10 year annuities.
Total distribution - you must wait for the expiration of the contract, according to the selected term. If you cancel before maturity, you are subject to a penalty and a market value adjustment, whether positive or negative.
Guaranteed income benefit for life – endorsement to secure guaranteed lifetime income.
To purchase the endorsement, you must be 45 years old; to activate it, you must be 55 years old.

What is an individual retirement account or an individual retirement annuity?

The IRA (or Individual Retirement Annuity) is designed to encourage the taxpayer to save and establish a retirement fund.
Contributions may be deductible from the income tax return and earnings are not taxed until withdrawals from the account or contract begin.
If an IRA withdrawal is made before age 60, you may be subject to a penalty from the Treasury Department of 10 % of the amount of the withdrawal.

Open, Consolidate or Transfer Your
Annuity With Us Today!

Get a quote today!

Call us at 787.620.2722 or fill out the form below.

Protect Your Future Today And Lock In Income For Life With A TOLIC Annuity

Protected Principal

Guaranteed Interest

Guaranteed Interest

Growth with the Market

Personalized Attention

Frequently Asked Questions

What is an annuity?

What types of annuities are available and how are they classified?

What advantages or differences do annuities have over other investment alternatives?

When can I start receiving money?

What is an individual retirement account or an individual retirement annuity?

Today Is The Time To Guarantee A Secure Tomorrow With Your TOLIC Annuity.

Open, Consolidate or Transfer Your Annuity With Us Today!

Get a quote today!

Call us at 787.620.2722 or fill out the form below.

Protect Your Future Today And Lock In Income For Life With A TOLIC Annuity

Protected Principal

Guaranteed Interest

Guaranteed Interest

Growth with the Market

Personalized Attention

Frequently Asked Questions

What is an annuity?

What types of annuities are available and how are they classified?

What advantages or differences do annuities have over other investment alternatives?

When can I start receiving money?

What is an individual retirement account or an individual retirement annuity?

Today Is The Time To Guarantee A Secure Tomorrow With Your TOLIC Annuity.

Open, Consolidate or Transfer Your
Annuity With Us Today!