![]() You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's). You will preserve your principal and earn a fixed rate of return. We do business as Annuity Resources Insurance Services in CA. MYGA Product description Fixed annuities are for conservative investors who want safety, security, and guarantees. We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. Sentinel Security Life is hereby authorized and directed to distribute funds from my contract in the manner requested. Annuity Resources, LLC is a licensed fixed annuity producer in most states. I further certify that a Sentinel Security Life representative has not given any tax or legal advice to me, and that all decisions regarding the elections made on this form are my own. Annuities are distributed by Annuity Resources, LLC. They may offer an annuity to you for sale. When you contact us you may speak with a licensed insurance agent in your state. Please contact us to receive the latest brochure. Website: Year Founded: 1948 Liabilities: 634,050,993 financial ratings A.M. Annuity information on this site may not be current or applicable in your state. The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of. Product availability varies based on the state you live. The reviews and annuity information on this website may not be current and may not apply in the state you live in. All guarantees are backed by the claims-paying ability of the insurance company. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. This website is not intended to be a recommendation for you to purchase an annuity. Please work with a qualified specialist.ĭISCLAIMER: The information on this website is for educational purposes only. ![]() Interest would be taxed, but the principal would not. Non-qualified withdrawals have been taxed already, so only interest is taxed. If you withdrawal money that has never been taxed, withdrawals are 100% taxable. If your elected beneficiary is your spouse he/she can take the accumulated value without surrender charges at time of death.Īnnuities typically grow tax-deferred. ![]() The cash surrender value includes a possible surrender charge and market value adjustment unless they wait until the contract term ends. If you pass away before the end of your annuity contract, your beneficiaries will receive the cash surrender value. If you do nothing, the contract renews for the same term and rates effective at that time. S&P Dow Jones Indices has no obligation to take the needs of Sentinel Security Life Insurance Company or the owners of the Personal Choice Plus into consideration in determining, composing or calculating the S&P 500®. Withdrawal any amount free of charges and fees.Ģ. Jones Indices without regard to Sentinel Security Life Insurance Company or the Personal Choice Plus. ![]() Personal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b).ĪK, CA, CT, DC, FL, MA, ME, MI, MN, MO, NH, NJ, NY, PR, TN, VA, VI, VT, WA, WI, WVģ0 Days prior to the end of your contract term, you will have the option to choose from the following.ġ. ![]()
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