Fixed Rate Annuities
Earn a guaranteed interest rate on your annuity payments for a specific period of time. At the end of that period, the interest rate will be reset by the insurer. It may rise or fall, but it never goes below the annuity’s guaranteed minimum rate.
During the accumulation phase of the annuity, you make one single payment or a series of payments, earning interest at the stated rate. You pay no taxes on interest until the second phase of the annuity, when you begin receiving pay-outs. That tax-deferral helps your savings grow.
Benefits of Fixed Rate Annuities*:
- Principal and interest are guaranteed by the issuing insurance company*
- Interest rate never falls below a specified minimum
- Funds may be withdrawn after an initial period, though surrender fees and taxes may apply
- Payments to you can be structured to provide income for life
- Accumulated value can be passed to your heirs
Associated offers annuity knowledge and expertise. We work with you to clarify your goals and select the annuity that makes sense for your situation. For more information on fixed rate annuities, call Associated today.
*All annuities are subject to the claims paying ability of the insurer. Ordinary income taxes apply to withdrawals of earnings. Withdrawals prior to age 59 ½ are generally subject to a 10% IRS penalty tax. Consult your tax adviser to consider your personal tax circumstances.
*SECURITIES AND ADVISORY SERVICES ARE OFFERED BY ASSOCIATED INVESTMENT SERVICES, INC. (AIS), member FINRA and SIPC, d/b/a Associated Investment Services Group in Minnesota. • AIS is an affiliate of Associated Banc-Corp (AB-C). • Associated is a marketing name AB-C uses for products and services offered by AIS. • INSURANCE PRODUCTS are offered by licensed agents of AIS. These products may include annuities, life, disability and long-term care insurance for individuals. Insurance products are the obligations of the issuing insurance companies. • AB-C and its affiliates do not provide tax, legal or accounting advice. Please consult with your tax, legal or accounting advisors regarding your individual situation.
Investment, Securities and Insurance Products:
- NOT A DEPOSIT
- NOT FDIC-INSURED
- NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
- NOT GUARANTEED BY THE BANK
- MAY LOSE VALUE