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selectseries.pdf

🔗 Source: annuityresources.com

📊 Size: 60 KB

📄 Pages: 4 pages

⬇️ Downloads: 53

Summary

The Principal Select Series Annuity is a fixed annuity that provides a guaranteed interest rate, tax deferral on earnings, and flexibility in choosing benefit options. It's designed to help individuals prepare for retirement by adding stability to their income. The annuity has a market value adjustment (MVA) feature, which means the owner takes on some interest rate risk in exchange for a higher interest rate. The MVA may increase, decrease, or have no impact on the surrender value if the contract is surrendered before the end of the guarantee period. The annuity offers features such as flexible withdrawals, emergency access to funds, and a waiver of surrender charges under certain conditions. Guarantees are based on the claims-paying ability of Principal Life Insurance Company.

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Description

The Principal Select Series Annuity is a fixed annuity that provides a guaranteed interest rate, tax deferral on earnings, and flexibility in choosing benefit...

Technical Information

File Format: PDF
File Size: 60 KB
Pages: 4
Language: EN
Total Downloads: 53
Last Updated: 1 week ago

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This PDF document about Download provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Download.