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FOR INCOME Prospectus Lincoln ChoicePlusSM Fusion variable annuity May 1, 2013 This document and many others can be read online by signing up for eDelivery! Make a positive environmental impact by.

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A variable annuity has two phases: an accumulation phase and a payout (annuitization) phase. During the accumulation phase, you make purchase payments. The amount of the purchase payments that go into the account may be less than you paid because fees were taken out of the purchase payments.

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.

There are several advantages, including a guaranteed income during retirement, greater control over how the funds are invested, the potential for a higher return on investment compared to other types of annuities and mutual funds, and tax-deferred income.

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.

There are a few different ways to cash out your annuity: Withdrawals: You can withdraw from your annuity at any time, but keep in mind that you will be subject to withdrawal limits. Surrender: You can surrender your annuity policy for its cash value. ... Loans: You can take out a loan against the cash value of your annuity.

Variable annuities involve investment risks just like mutual funds do. If the investment choices you selected for the variable annuity perform poorly, you could lose money. Contract fees may go towards your financial professional's compensation.

A variable annuity is a contract between you and an insurance company, under which the insurer agrees to make periodic pay- ments to you, beginning either immediately or at some future date. You purchase a variable annuity contract by making either a single purchase payment or a series of purchase payments.

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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