Tax-Deferred Fixed Annuities: Less Taxes, Faster Earnings Growth
How can I reduce my taxes? How can I make my investment earnings grow faster? If you are like most individuals, you have asked yourself these questions over and over again, particularly during tax season, when you see the interest earned on your savings substantially reduced by state and federal taxes.

The answers to both of these problems can be found in the same product: The Tax-Deferred Fixed Annuity. Tax-Deferred Fixed Annuities offer competitive rates of return, with all interest accumulating tax deferred for the life of the annuity. In addition since earnings remain in your annuity and compound without being taxed, your money is able to grow faster.

Tax-Deferred Fixed Annuities: Safe & Simple to Understand
Investors trying to save for the future are comfortable with annuities because they are simple to understand. An annuity is a contract issued by an insurance company, which provides a competitive rate of return and safety of principal and interest backed by the claims paying ability of the insurance company issuing the annuity.

Low Minimum Payment
You can open a Tax-Deferred Fixed Annuity with as little as $2,000 and in some instances, less. Low minimum requirements, together with various payment options, make a Tax-Deferred Fixed Annuity suitable for many individuals and their different financial needs.

Plus, tax-deferred growth through an annuity can be yours regardless of your employment status or age.

Note: May differ among contracts.

100% Of Your Money Works For You
The Tax-Deferred Fixed Annuities that are available, unlike many financial products, do not have sales charges, so 100% of your money can immediately begin earning interest*.

Easy To Invest, With Various Purchase Choices
You can purchase a Tax-Deferred Fixed Annuity by making a single premium payment, or you can choose an annual or flexible premium payment schedule. Your dollars are placed in the annuity, which earns a competitive rate of return. A major advantage over a typical savings account is that money in your annuity grows on a tax-deferred basis.

Access To Your Money
In most cases, Tax-Deferred Fixed Annuities allow you flexible access to some percentage of your money*. Guidelines pertaining to withdrawals from Tax-Deferred Fixed Annuities differ among contracts but in most cases they are permitted throughout the life of the annuity**.

*Note: A surrender charge may be applied for premature withdrawal during the early years of the annuity.
**Note: Fixed annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to 10% IRS penalty tax and surrender charges apply. Guarantees are based on the claims paying ability of the issuing insurance company.

Payment Options: The Choice Is Yours
We certainly recommend that you allow your Tax-Deferred Fixed Annuity to achieve significant growth before making withdrawals from it. But once you have achieved considerable earnings growth, you are able to enjoy it by choosing to receive your money from a wide range of guaranteed payment options. Guaranteed payment options are subject to the claims paying ability of the insurer.

For example, you may elect to receive a monthly check for the rest of your life. This may be particularly appropriate for retirement income.

Regardless of the payment option you choose, one of the main attractions of a Tax-Deferred Fixed Annuity is that you do not need to make your choice at the time you purchase your policy. Rather, you can wait until a later date before deciding how you would eventually like to receive your annuity payments.

Meets Many Financial Goals
Even if you already have an IRA, Keogh or 401(k) plan, you may purchase a Tax-Deferred Fixed Annuity. It may be used to meet future financial needs such as college expenses, retirement funding, and estate planning.

We suggest that you consult with a Tax-Deferred Fixed Annuity GIS representative located in your local banking office to determine the appropriate amount of money you should place in a Tax-Deferred Fixed Annuity to meet your specific objectives.

Estate Planning Advantage
A Tax-Deferred Fixed Annuity offers you a major benefit when used for estate planning purposes. It is one of the few financial vehicles that can provide an immediate and liquid source of funds at death to pay estate taxes and other expenses. There may be no need to sell other less liquid investments, possibly at a loss, to pay these costs.

All Of The Benefits of An IRA & More
Just like the popular IRA account, earnings from a Tax-Deferred Fixed Annuity are not taxed until you receive them. However, unlike an IRA, the amount placed in an annuity is not limited to $2,000 annually. Instead, you can place as much as $500,000 in some annuity contracts. Upon carrier approval, higher amounts can also be accommodated. Plus, you can make additional payments to existing annuities.

Another important feature of Tax-Deferred Fixed Annuities is that you can also use them as an IRA. Depending on your total annual income, this may enable you to receive the benefits of an annuity while still being able to deduct up to $2,000 of your purchase amount from your reported total income when filing your tax return. This will, of course, lower your tax liability. An investment in an annuity within an IRA offers no additional tax-deferral benefit.

Note: Certain restrictions apply. Consult your individual tax advisor.

GIS Investments and Insurance is Here to Help...
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Securities and Insurance products offered through LPL Financial and its affiliates (Member FINRA/ SIPC).

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