IRA Start planning your future.
Annuities Increase and protect your money without risk of loss at the end of the chosen term.
IRA Start planning your future.

That IRA or annuity that you have, can
grow faster. UNDERSTAND!
Do you own any pension plans, annuities and IRA products? Transfer them today to TOLIC and get ready to see your money grow
Discover here the advantages of transferring your IRA or annuity:
- You can consolidate all your products into one
- Guaranteed interest
- Principal protected
- Your money grows faster
Transfer today! Consult with one of our Authorized Representatives.
Contact us today! and discover the IRA that gives more
FIXED IRA
Safeguard Multi-Year Guaranteed Annuity (MYGA)
Your investment grows with a guaranteed interest
- Your principal is protected
- 3-, 5-, 7- and 10-year Terms
- Death benefit equivalent to 101 % of contract value
- Competitive and guaranteed initial interest rate
- Minimum interest rate of 1.50 %
- You can withdraw up to 10 % annually of the premium without penalty in the 3- and 5-year terms
- In the 7-year term, you can withdraw up to 10 % annually of the premium, limited to 50 % and without exceeding the premium


INDEXED IRA
TOLIC Safeguard Select Fixed Index Annuity (FIA)
Potential to increase profit based on index growth and with market downside protection
- Opportunity for growth
- 3-, 5-, 7- and 10-year Terms
- Death benefit equivalent to 101 % of contract value
- Annual point-to-point yields are accredited
- Credit rate based on the index up to the cap rate
- Index share of 100 %
- You can withdraw up to 10 % annually of the premium without penalty in the 5-year term
- In the 7-year term, you can withdraw up to 10 % annually of the premium, limited to 50 % and without exceeding the premium
Annuities Increase and protect your money without risk of loss at the end of the chosen term.

That IRA or annuity that you have, can
grow faster. UNDERSTAND!
Do you own any pension plans, annuities and IRA products? Transfer them today to TOLIC and get ready to see your money grow
Discover here the advantages of transferring your IRA or annuity:
- You can consolidate all your products into one
- Guaranteed interest
- Principal protected
- Your money grows faster
Transfer today! Consult with one of our Authorized Representatives.
Contact us today! and discover the IRA that gives more
FIXED ANNUITY
Safeguard Multi-Year Guaranteed Annuity (MYGA)
For more return on your money
- It is an insurance contract issued by an insurer
- Allows your money to grow at a guaranteed fixed interest rate
- Minimum interest rate of 1.50 %
- Your interest will be guaranteed by specific terms of 3, 5, 7 or 10 years
- Death benefit


INDEXED ANNUITY
TOLIC Safeguard Select Fixed Index Annuity (FIA)
For further growth of your retirement savings
- Your profit grows according to the market index
- Investment in more than 2,500 companies globally
- It is protected against market downturn
- Your interest will be guaranteed for the period of time you contract (3, 5, 7 or 10 years)
Frequently asked questions
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.
- 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 downside market protection.
- 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. *
- Partial withdrawals – you can withdraw up to 10% of the premium paid annually, with no fees for early withdrawal or market value adjustment. Subject to a maximum of 50 % in 7 and 10 year annuities.
- Total distribution – you must wait for the expiration of the contract, depending on the term selected. 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.
- 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.
- Any person who receives income from salary, professional services or is self-employed, including any person who participates in another eligible retirement plan.
- Any person who has not reached the age of 75.
- Resident of Puerto Rico.
- You can make annual contributions of up to $5,000 or 100 % of income generated, whichever is lower.
- Up to $10,000 can be contributed if the return is filed jointly by a married couple (a separate account must be established for each spouse).
- The contribution limit also applies to the ROTH IRA (non-deductible IRA) and generates exempt interest or profits.
- After reaching 60 years of age.
- If the taxpayer has not reached 60 years of age, there is a penalty from the Treasury Department of 10 % of the amount of the withdrawal, except if the taxpayer withdraws for the following reasons:
- disability
- job loss
- payment for children’s university education
- purchase of the first residence
- repairs of damage to the main residence caused by hurricane, earthquake, fire or other fortuitous causes
- computer purchase (limitations apply)
- terminal illness
Deductible (IRA):
- maximum contribution of $5,000 per taxpayer
- the tax advantage is at the moment
- profits increase by postponing contributions
- taxpayers who are in higher tax rate benefit more
Non-deducible (ROTH):
- maximum contribution of $5,000
- the tax advantage is at the time of retirement
- withdrawals are exempt from contributions including the principal
- Yes, it is allowed to transfer funds from a qualified plan to an IRA and from one IRA to another IRA.
- Example: 401K, 1165e, pension plans, Keogh
- to consolidate IRAs
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