A deferred annuity is a secure way to save for a future goal like retirement. The money you put in earns tax-deferred interest until withdrawals are made or regular distributions start. So you’ll also benefit from triple-compounding: earning interest on principal, interest on interest and interest on tax savings.
The values shown are for example only and assume that interest is credited daily and that earnings from the taxable investment are taxed annually at 28 percent. Earnings from the tax-deferred annuity are not taxed until withdrawal.
You can choose from two types of deferred annuities: fixed or indexed. Fixed-rate annuities offer a locked-in guaranteed interest rate for a set number of years. Indexed annuities offer gains based on the performance of an index, like the S&P 500®, while providing similar guarantees to traditional fixed annuities.
Our deferred annuities offer several ways to withdraw funds during the surrender-charge period without ending the contract or paying surrender fees. These options vary by annuity, but may include:
You can purchase deferred annuities with a single premium or multiple premium payments.
Most states allow you to exchange your deferred annuity for an annuity that produces guaranteed income payments.
If you have a lump sum of money, you can convert it into a safe and steady income stream that lasts for years — or even the rest of your life.
Your financial advisor can help you purchase annuities from The Standard. Don’t have an advisor? We can connect you with an expert who can answer your questions and provide the latest rates.
Ask your financial advisor about the right annuity to fit your retirement income needs.
14274-A (2/18)
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 percent early withdrawal penalty may apply to withdrawals prior to age 59½.
The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York. Products and availability vary by state and are solely the responsibility of Standard Insurance Company.
