Are Taxes Taking a Bite Out of Your Savings?

March 4, 2019
Are Taxes Taking a Bite Out of Your Savings?

Consider the Advantages an Annuity Offers

The annual income taxes on a Certificate of Deposit (CD) can take a big bite out of your hard-earned savings. If your clients use CDs to regularly access money, consider a tax-deferred alternative. An annuity from The Standard can offer several ways to access annuity funds without penalty.

For individuals, The Standard’s tax-deferred annuities are protected from income taxes until withdrawals or regular distributions are taken. As a result, more money continues working for your clients instead of Uncle Sam.

 

Key Benefits of Annuities

 Certificate of DepositDeferred Annuity

Principal Protection*

Certificate of Deposit

Deferred Annuity

Guaranteed Growth

Certificate of Deposit

Deferred Annuity

Flexible Withdrawal Options

Certificate of Deposit

Deferred Annuity

Tax-Deferred Compounded Growth

Certificate of Deposit

Deferred Annuity

Lifetime Income Options

Certificate of Deposit

Deferred Annuity

Guaranteed Survivor Benefits

Certificate of Deposit

Deferred Annuity

Probate Avoidance

Certificate of Deposit

Deferred Annuity

Exempt From Creditors (most states)

Certificate of Deposit

Deferred Annuity

 

* Please note that while Standard Insurance Company offers products that provide principal protection, not all deferred annuities provide this feature. The table above is for illustration purposes only and is not intended as tax or financial advice. As always, before making important financial decisions, please consult with your financial or tax advisor for information specific to your situation.

 

Sales and Marketing Toolkit

Download and customize these flyers:

Sales Concept Flyer


Is Uncle Sam Breaking Your Piggy Bank?

(Fillable PDF)
Companion Flyer


Are Your Loosing Interest
In Taxable Investments?

 

Annuities are not (a) insured by the FDIC or any federal government agency, (b) deposits of or guaranteed by any bank or credit union and (c) a provision or condition of any bank or credit union activity. Some annuities are subject to investment risk and may lose value. A surrender charge may apply during the surrender period, and a 10% penalty may apply to withdrawals prior to age 59½.

 

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