Plan for peace of mind in retirement
Annuities
Looking for long-term savings products that guarantee financial return for retirement and help you manage money in the future? Annuities may be right for you. With flexible payment and withdrawal options, you can rest assured there’s an annuity that works for you.
Annuities provide assurance that your money can grow with fixed rates of interest guaranteed by Liberty Bankers Life Insurance Company and Capitol Life Insurance Company. All annuities are traditional fixed annuities, which have a guaranteed minimum interest rate.
Annuities are the only financial product that can be designed to provide a guaranteed income stream that will last for a lifetime, protecting you against the risk of outliving your assets.
Annuities have tax advantages that allow you to defer paying taxes on your interest earnings until they are withdrawn or distributed.
Please contact your personal tax advisor regarding your circumstances, Liberty Bankers Insurance Group and its producers are not authorized to give tax advice.
Annuities also enable you to provide for your loved ones in the event of your death.
Payouts - your way
You choose how you’ll receive your annuity income.
Partial Withdrawals
Partial withdrawals are commonly used to receive regular checks as supplemental income. The withdrawals deduct from your overall account balance.
Lump Sum Withdrawals
After your surrender charge period has passed, you can withdraw your entire account balance without penalty.
Regular Payments for a Lifetime
Similar to a traditional pension, annuities can be paid out as regularly scheduled payments to last a lifetime.
Flexible Payment Options
Simply choose what works for you.
Single Payment Annuities:
This payment option allows you to pay for your entire annuity at once, and your annuity grows until you choose to make withdrawals.
Flexible Payment Annuities:
These annuities offer the advantage of accepting multiple premium payments into the same policy. After the first premium payment, you may make voluntary additional payments, and over time, your account can grow from additional premium payments, as well as from interest accumulations.
