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American Legacy II? variable annuity May 1, 2013 Product Prospectus This document and many others can be read online by signing up for eDelivery! Make a positive environmental impact by signing up.

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What Is A Variable Annuity? A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments.

The applicable variable annuity prospectus contains this and other important information about the variable annuity and its underlying investment options. Please call 888-868-2583 for a free prospectus.

A stretch annuity (also known as a legacy annuity) is an annuity option where tax-deferred allowances are passed on to the beneficiaries, offering them more flexibility and control over maintaining the investment.

Overall cost: A variable annuity's biggest disadvantage is its cost. Variable annuities can charge high fees. These include administrative fees, fees for special features and fund expenses for the mutual funds you invest in. And then there are the sales commissions.

Benefits of Variable Annuities The biggest benefit of a variable annuity is the potential growth your money could earn. Compared to many other types of annuities, such as fixed annuities, a variable annuity potentially offers the best possible return. This is because your money is in the markets.

Variable annuities are long-term contracts designed for retirement purposes. Costs for a variable annuity contract include the mortality and expense risk charge, annual contract and administrative fees and charges for the underlying funding options. A surrender charge may also apply.

The Advantages of Variable Annuities Tax Deferral. Like all other forms of annuities, variable annuities grow from year to year on a tax-deferred basis. ... Avoidance of Probate. ... Protection from Creditors. ... Initial Bonuses and High Guaranteed Rates. ... Poor Cost Basis. ... Poor Tax Treatment. ... High Fees.

Based on its financial strength and claims paying ability, Lincoln Financial Group has also earned high ratings from the insurer rating agencies. These include an A+ from A.M. Best, an A+ from Fitch, an A1 from Moody's, and an AA- from Standard & Poor's.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232