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Banking on the market to grow your funds for the future can be risky. But what if you could lock in your gains and never lose money?1
Indexed Annuities are often considered the ‘best of both worlds’ because they allow you to take advantage of potential gains in the market while protecting you from loss with a guaranteed² minimum interest rate. Our AccumuLock Indexed Annuity® does just that. This product allows you to:
When it comes to reaching your retirement goals, having a guaranteed² stream of income is important. The Simple Multiplier Rider provides you the flexibility to make guaranteed annual withdrawals from your annuity, while maintaining control over the remaining account. When you activate the rider, an amount called the “benefit base” is established. This benefit base will increase each year for a period of up to 20 years at 4 percent simple interest. You decide when to activate this 20-year period and when to receive withdrawal benefits.⁴
AccumuLock provides a guaranteed² death benefit to beneficiaries at the death of the owner. As owner, if you die prior to the time your annuity payout begins, your beneficiaries will receive the greater of the accumulated value of the annuity or the guaranteed minimum surrender value. Death proceeds are paid directly to your beneficiaries, so there should be fewer costs or delays in receiving proceeds. Funds received may be subject to income tax.
The AccumuLock Indexed Annuity can be a great addition to your retirement income strategy. The flexibility to add premium when it’s convenient for you,⁵ helps set AccumuLock apart from other indexed annuities. Connect with a Farm Bureau agent to see how he or she can help you take control of your retirement.