Accumulate interest based on a fixed rate

Earn interest safely with low risk

Not taxed until you make a withdrawal

Guaranteed payouts

Accumulate interest based on the performance of subaccounts

Invest your savings in a variety of portfolios for a higher return

Some risk involved

Not taxed until you make a withdrawal

Few guarantees - death benefit will never be less than the total of the premiums paid minus any withdrawals

Based on a stock or equity-based index

Potential higher returns available in the stock market

Little risk

Guaranteed a minimum interest rate. Payouts will always be equal or higher than the minimum rate of return

Provide an immediate lifetime income to individuals ready to retire

Tax deferred