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Providing for honest
things, not only in the sight of the Lord, but also in the sight
of men.
II
Corinthians 8:21
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Who Might Benefit from an Annuity
The following are some categories of
individuals who might benefit from an annuity:
YOUNG ADULTS
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Recognize the power of tax-deferred
compounded interest over time
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Working and have discretionary
income to save toward retirement
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See pension plans being discontinued
with alarming frequency
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Have the advantage of a long
accumulation period
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AGING
BABY BOOMERS*
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Still working
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Want a safe, secure method of
accumulating money on a tax-deferred basis
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Want a second or third source
of retirement income
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Feel they will receive little
or no Social Security benefit at retirement
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Save for college education for
children or grandchildren
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* "Baby boomers" is a term
referring to people born between the years 1946 and 1964.
RECENTLY
RETIRED
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Seek secure savings vehicle with
guarantees
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Wish to avoid taxes on nest egg
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Adjusting to a lower income
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Want to convert accumulated funds
into guaranteed income stream
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Save for college education for
children or grandchildren
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Shelter Social Security benefits
from taxes
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SENIOR CITIZENS
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Help pay Medicare Supplement,
Long-Term Care, Home Health Care insurance premiums
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Save for college education for
grandchildren
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Individuals with funds currently
in certificates of deposit (CD's)
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Concerned with safety of principal
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Wondering if their finances will
last
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Willing to convert their assets
into an immediate annuity with income they cannot outlive
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