Annuities
Envision your retirement not just as a distant dream, but as a chapter where comfort meets certainty.
With our annuity plans, it's not about whether you've saved enough—it's about enriching those savings with the assurance of a guaranteed income that will allow you to live your retirement years with the freedom and joy you've earned.
Annuities: Your Gateway to a Secure, Prosperous, and Unburdened Tomorrow
Buying an annuity is one way to help build your retirement assets. Annuities offer principal protection and potential interest to help you accumulate money for your retirement. The money in your annuity can grow tax-deferred, which may help your savings accumulate faster.
Annuities provide a dual-layer of assurance, offering a guaranteed minimum return on surrender and extending a safety net to your loved ones with a death benefit. This coverage ensures that your financial planning is secure, both for your future and for the well-being of your beneficiaries after your time.
Embrace the freedom to customize your retirement income. Annuities serve the flexibility to receive payments in a way that best fits your lifestyle—be it a one-time payout, recurring payments for a set term, or lifelong income. It's a personalized approach to retirement that aligns with your long-term goals.
Unlock the potential for increased returns with fixed index annuities that link to market indexes. This option provides a growth avenue for your investment while also offering a stable, fixed interest alternative. It's a strategic blend of predictability and opportunity to fortify your retirement plan.
Investing in an annuity is straightforward. You start by making an initial investment, which can either be a lump sum or a series of payments.
In return, the insurance company promises to make periodic payments to you. These can start immediately or be deferred to a future date, depending on your plan.
The payments can be scheduled for a predetermined number of years or continue for the rest of your life. This flexibility provides peace of mind and financial stability, ensuring comfort in your golden years.
Discover the path to a worry-free retirement with our annuity options. Gain peace of mind with stable, guaranteed income and a future that’s financially secure. Start planning your prosperous tomorrow, today.
After 10 contract years and after you have reached your 60th birthday you can request lifetime income withdrawals from the PIV on your next contract anniversary. Regardless of when your lifetime income withdrawals begin they are considered partial withdrawals and may be subject to ordinary income tax.
You may add premium to your annuity until the first day of the 19th month of your contract or until the date annuity payments begin whichever comes first. You will begin to earn interest on your PIV immediately in your contract’s interim interest allocation until the following contract anniversary. At that time your additional premium will be applied to your current premium allocations.
Although your annuity may permit penalty-free withdrawals on a portion of the value to avoid penalties you’re generally required to leave your money in the annuity for a specified period of time usually referred to as the surrender charge period. If you fully surrender your annuity contract at any time this Protected Income Value rider and the Allianz Income Multiplier Benefit1 rider will no longer be in force and you will receive your contract’s cash surrender value. The cash surrender value does not include any premium bonus, interest bonus, or interest earned on the bonuses.
Yes. If you choose annuity payments, your annuity payment amount will be based on the greater of the accumulation value or the cash surrender value of your contract, not the Protected Income Value. In most cases, the Protected Income Value may provide you with an annual maximum amount that is greater than the annual annuity payment amount you would receive based on your accumulation value.
You can cancel the Protected Income Value rider anytime. By canceling the rider you forfeit the ability to receive lifetime withdrawals based on the Protected Income Value, including the premium bonus and interest bonus. Also, the Allianz Income Multiplier Benefit rider will terminate. Once the riders are terminated, they may not be reinstated. Since there is no additional charge for the PIV or AIM riders, there is no financial benefit to canceling.
Yes. Once you begin taking lifetime income withdrawals, you can choose to take less than your annual maximum. We keep track of the amount that’s 'left over.' The amount that is left over is called the cumulative withdrawal amount and does not increase with interest earned. This feature allows you to take any or all of that remainder at any time. If the cumulative withdrawal amount should ever equal or exceed your accumulation value, the Allianz Income Multiplier Benefit rider will terminate.
Penalty-free withdrawals are available prior to starting lifetime income withdrawals, including required minimum distributions (RMDs) according to the terms of the Allianz 222® Annuity. Withdrawals will reduce your contract values, including your PIV. After lifetime income withdrawals have begun, withdrawals in excess of your annual maximum will decrease the annual maximum by the same percentage that the accumulation value decreased as a result of the excess withdrawal. The allocation charge is applied to allocation options with the annual point-to-point and MY point-to-point crediting methods only and is deducted annually from the contract’s accumulation value and in select states, we deduct it from the guaranteed minimum value allocated to each. This charge allows Allianz to better manage risk only in extremely challenging economic environments and pass the value of that flexibility on to you. The current allocation charge percentage is 0% and can change each crediting period on a contract year basis, however, only in specific economic environments. The maximum allocation charge percentage is 2.5%.
"I've found a true partner in safeguarding my financial future with these modern annuity solutions. The tailored options and stability they offer provide not just a safety net, but a launchpad for a prosperous retirement. Trust in their expertise; I did, and now I'm not just planning for the future, I'm looking forward to it.""
Why us?
As a modern insurance company, we leverage the latest technology and insights to provide you with annuity solutions tailored to your needs. Our approach combines the best of both worlds: the traditional safety and reliability of annuities, with modern, flexible options that can be customized to suit your goals.
In today's fast-paced world, planning for the future has never been more critical. We understand that, which is why we are committed to offering modern solutions for your annuity needs. Our expertise in annuities, life insurance, and premium finance positions us as your trusted partner in securing a prosperous future.
By choosing us, you not only secure your financial future but also join a community that values transparency, innovation, and customer-centric solutions. Our sophisticated annuity products are designed to offer more than just a financial safety net; they offer peace of mind, allowing you to enjoy life to the fullest, knowing that your financial future is in capable hands.