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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:
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Guaranteed Income:
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Long Term Investment Opportunities:
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Qualified Plans:
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VANTAGE 1 Current Interest Rate: 1.25% APY
The Vantage 1 is a short term deferred annuity plan, designed for the individual looking for a solid shortterm
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 If funds are not withdrawn, the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.
- If funds are not withdrawn, the contract will continue for an additional four years and assume
the same interest rate and penalty period/charges of the Vantage 5.
- After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year
without penalty.
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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 shortterm
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- If funds are not withdrawn after two years the contract will continue.
- After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without penalty.
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VANTAGE 3 Current Interest Rate: 2.25% APY
The vantage 3 is a short term deferred annuity plan, designed for the individual looking for a solid shortterm
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- After the 1st Contract Year, up to 10% of the total cash value may be withdrawn each year without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.
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VANTAGE 5 Current Interest Rate: 3.25% 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.
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VANTAGE 7 Current Interest Rate: 3.50% 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.
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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
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| 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.
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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. |
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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. |
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| Annuity Suitability Questionaire |
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