Old Mutual
Are you considering an annuity? Why not sit down with one of our experienced licensed agents to discuss why you might want to consider an annuity.
Fixed Annuities and Other Investments
| Product Type | Principal Guaranteed? | Rate Of Return Guaranteed? | Liquidity | Contract Charges | Earnings Tax-Deferred? |
|---|---|---|---|---|---|
| Fixed Annuity | Yes by insurer | Yes by insurer | 10% of premiums per year without charge. Otherwise, penalties apply.** | Yes | Yes* |
| Federally-Insured Bank CD | Yes, by federal agency, (subject to maximum amounts) |
Yes, by bank | No | No | No |
| Stocks | No | No. Risk of loss, including principal. | Yes. No penalty, but sales commission may apply | No | No |
| Mutual Funds | No | No. Risk of loss, including principal. | Yes. No penalty, but sales commission may apply. | No | No |
*When purchased to fund a tax-qualified retirement plan, there is no additional tax deferral to that already provided by the plan.
**Because annuities provide tax deferral benefits, withdrawals prior to age 701/2 may be subject to tax penalty.
For More Informatiuon call 757 988-3954 or email us at davisinsurance@verizon.net
