Slovak Catholic Sokol - A tradition of providing sound financial protection and benefits to our members.
 

Annuities

THE VANTAGE COLLECTION OF ANNUITY FINANCIAL GROWTH PRODUCTS

This Collection of Deferred Annuity Plans provides you with a varied range of investment options to fit your financial planning requirements.

Short Term Investment Opportunities:

Guaranteed Income:

Long Term Investment Opportunities:

Qualified Plans:

  • Traditional IRA
  • ROTH IRA

VANTAGE 1                    Current Interest Rate: 1.35% APY

The Vantage 1 is a short term deferred annuity plan, designed for the individual looking for a solid short term investment alternative. The interest rate is guaranteed for one year. If funds are not withdrawn, the contract will continue for an additional four years.
  • Guaranteed Interest Rate for One Year.
  • Issue Ages 0 ‐ 90.
  • Option to rollover to our other longer term plans.
  • A 30-Day Window that opens annually on the anniversary date of the contract that gives the Annuitant/Owner the option to continue the contract for another year receiving the declared interest rate, transfer to another annuity or withdraw (full or partial) without penalty from the society.
  • After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without penalty.

Back to Top


VANTAGE 2                    Current Interest Rate: 1.50% APY

The vantage 2 is a short term deferred annuity plan, designed for the individual looking for a solid short term investment alternative. The interest rate is guaranteed for two years.
  • Guaranteed interest rate for two years.
  • Issue Ages 0 - 90.
  • Option to rollover to our other longer term plans.
  • If funds are not withdrawn after two years the contract will continue.
  • After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without penalty.

Back to Top


VANTAGE 3                    Current Interest Rate: 2.15% APY

The vantage 3 is a short term deferred annuity plan, designed for the individual looking for a solid short term
investment alternative. The interest rate is guaranteed for three years.
  • Guaranteed interest rate for three years.
  • Issue Ages 0 - 90.
  • Option to rollover to our other longer term plans.
  • After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without
    penalty.

Back to Top


VANTAGE 5                    Current Interest Rate: 3.00% APY

Vantage 5 is a long-term deferred annuity plan that allows for savings, investment or a retirement program. The interest rate is highly competitive with a guaranteed rate for the 1st two certificate years. This flexible annuity plans allow for additional premium deposits that do not affect or extend the penalty withdrawal period.
  • Guaranteed interest rate for two years.
  • Issues Ages 0 - 90.
  • After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without penalty.

Back to Top


VANTAGE 7                    Current Interest Rate: 3.25% APY

Vantage 7 is a long-term deferred annuity plan that allows for savings, investment or a retirement program. The interest rate is highly competitive with a guaranteed rate for the 1st two certificate years. This flexible annuity plans allow for additional premium deposits that do not affect or extend the penalty withdrawal period.
  • Guaranteed interest rate for two years.
  • Issue Ages 0 - 90.
  • After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without penalty.

Back to Top


SINGLE PREMIUM IMMEDIATE ANNUITY

This single premium contract when established pays a specified periodic distribution or for a lifetime of income. An Immediate Annuity provides an income benefit almost instantly. With an Immediate Annuity, the Annuitant establishes the annuity with a single premium payment.
  • Uses annuitant's initial large premium deposit as the basis for immediate contracted settlement payments.
  • Annuitant is "locked in" to the settlement option, payment amount, payment scheduled selected, and rate in effect for settlements at time of commencement.
  • One‐time deposit, additional deposits allowed for 30 days.
  • The interest rate at the time of purchase is a fixed rate and is guaranteed throughout the term of the annuity.
Available Settlement Options:
  • Life Only
  • Specified Period
  • Life and Period Certain
  • Payments for Life, Joint and Survivor Would

Back to Top


Annuity Q & A:
  • What is an annuity?

    A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time.

    • Annuities provide set payments over a period of time that is designated through options selected by the contract owner.
  • What is a deferred annuity?

    A deferred annuity means your earnings grows tax deferred until take you withdraw or receive the annuity income. However, the IRS will penalize withdraws prior to age 59 1/2.

  • Who can I contact?

    Contact your Slovak Catholic Sokol Authorized Agent, Sales & Marketing Office at 888-381-5431 or the Home Office at 800-886-7656.

  • Annuity Suitability Questionaire
  • Are you and your family financially secure? Contact Us Today!