Variable annuities are long-term, tax-deferred investments designed to provide growth opportunities for your retirement needs.
A variable annuity is a contract between you and an insurance company*. During the accumulation phase of the annuity, you make one single payment or a series of payments. You pay no taxes on any growth until the second phase of the annuity, when you begin receiving pay-outs. (The tax deferred nature of the contract is not an additional benefit if purchased in an already tax-deferred account, like an IRA.)
A variable annuity offers a range of investment options. The value of your investment will vary depending on the performance of the investment options you choose. Investment options may include portfolios invested in stocks, bonds, money market instruments, or a combination of asset classes.
Variable Annuity Features and Risk Reminders:
- Pay no taxes on any investment earnings until you begin receiving payments
- Change your investment selections without incurring taxes
- Payments to you can be structured to provide income for life
- Guaranteed death benefit for your heirs
- Variable annuities are subject to surrender charges and the contract value may decline
Consider the investment objectives, risks, and charges and expenses of the variable annuity and underlying investment options before investing. The prospectuses and, if available, the summary prospectuses contain this and other information about the variable annuity contracts and the underlying investment options. Prospectuses and, if available, summary prospectuses are available from your financial consultant or by calling Associated Investment Services†at 800-595-7722. The prospectus and, if available, the summary prospectus should be read carefully before investing.
Variable annuities are long-term investment vehicles designed for retirement purposes and contain underlying investment portfolios that are subject to investment risk, including possible market declines and loss of principal. Remember that no one can predict the performance of securities or investment markets: Past performance is no guarantee of future results.
Let your Associated Investment Services† financial consultant help you determine how a variable annuity may fit your long-term savings strategy. For more information, call 800-595-7722 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