With continued market volatility, economic uncertainty, and world events creating questions about what could happen next, you may be thinking differently about how much of your retirement money you want exposed to market downturns.
Pryor Financial Services is currently scheduling complimentary appointments to discuss a retirement strategy designed to combine principal protection, tax-deferred growth potential, lifetime income, and a 35% bonus opportunity.
Your principal and previously credited interest are protected from market downturns.
When the market falls, you aren't directly participating in those losses.
You can allocate your premium among multiple index allocation options or a fixed allocation, providing different ways to pursue credited interest without directly investing in the market.
Any interest credited to the contract grows tax-deferred until withdrawn.
When you're ready to begin taking retirement income, the strategy provides flexible lifetime withdrawal options, subject to contract provisions.
Your lifetime withdrawal payments may also have the opportunity to increase following crediting periods in which the contract earns interest.
Under qualifying circumstances and subject to contract provisions, an enhanced income benefit may provide additional annual income if certain confinement or activities-of-daily-living requirements are met.
The strategy also provides a death benefit, helping you leave something behind for your beneficiaries.
If you’re already a Pryor Financial Services client, there may be new options available today that weren’t part of your previous retirement conversations.
And if you attended one of our seminars in the past but didn’t move forward, the timing may not have been right then.
But your circumstances may have changed.
The markets have changed.
The world has changed.
We’ll explain how the bonus works, answer your questions, and help you determine whether this strategy may be appropriate for your retirement goals.
*Example assumes a qualifying $100,000 contribution. The 35% premium bonus is credited only to the Protected Income Value (PIV), which is used to calculate lifetime income. The PIV, including the value of the bonus, is not available as a lump sum. Clients will not receive the bonus if the contract is fully withdrawn or traditional annuity payments are taken. Withdrawals reduce the PIV proportionally and may be subject to ordinary income tax and a 10% federal additional tax if taken before age 59½. Bonus products may include higher withdrawal charges, longer withdrawal charge periods, lower rates, or other restrictions compared with similar products without a bonus. Other terms, conditions and limitations apply.
IMPORTANT CONSUMER INFORMATION
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