When investing for retirement, the market's ups and downs might make it difficult to maintain the course. You may be searching for growth potential as well as some degree of protection to help minimize some of the risks of investing. The Indexed variable annuity, also known as a buffer annuity, provides you with a choice of levels of downside protection (buffer) if the index returns negative as well as the opportunity to profit on market growth thru market indexes up to a double-digit limit (cap). It also allows you to choose from a variety of index crediting techniques, that determine how your money grows and how long you want to invest.
Select a level of protection that may help limit losses
Participate in the growth potential of the market
Pay no taxes on the returns you earn until start income
A Buffer investment also known as indexed variable annuity or registered indexed linked annuity (RILA) is a retirement investment that can assist you in the following ways:
You can divide and customize your money among many indexes with a Buffer annuity. These indexed accounts are based on well-known equity market indexes which provide exposure to US and worldwide equities, including developing markets.
Registered index-linked annuities aka buffer annuity (RILAs) and variable annuities (VAs) are sold by prospectus only. Before purchasing an annuity, you should consider the features of the contract, applicable investment options, index strategies, and investment objectives as well as the risks, charges, and expenses associated with the annuity and its investment options. The prospectus contains this and other information, which should be read carefully before investing. To request a prospectus, call us at 800-833-4678. All annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company, not Buffer Quote.
This webpage describes only some strategies, features, and benefits made available through Buffer Quote. Please see the prospectus for a description of all the strategies, features, and benefits that annuity makes available.
1. An investment into a variable subaccount is subject to contract and administrative fees in addition to the underlying portfolio fees and expenses. Surrender charges may apply in the event of an early withdrawal.
2. Current published financial strength ratings are subject to change. While ratings can be objective indicators of an insurance company's financial strength and can provide a relative measure to help select among insurance companies, they are not guarantees of the future financial strength and/or claims-paying ability of a company.
Please note that when you allocate to an Index Strategy that is linked to the performance of an ETF you are not investing in the ETF. Index-based ETFs seek to track the investment results of a specific market index. Due to a variety of factors, including the fees and expenses associated with an ETF, an ETF's performance may not fully replicate or may, in certain circumstances, diverge significantly from the performance of the underlying index. This potential divergence between the ETF and the specific market index is known as tracking error. Investing in Buffer annuity index strategies does not represent a direct investment in an index.
An annuity is a long-term investment designed for retirement purposes. With a RILA, there is a risk of loss of principal if negative index returns exceed the selected protection level. Gains or losses are assessed at the end of each term. With a variable annuity, investment returns and the principal value of an investment will fluctuate so that an investor's units, when redeemed, may be worth more or less than the original investment.
Withdrawals from an annuity will reduce the account value. Early withdrawals or surrenders may be subject to surrender charges. Additionally, with a RILA, which is a complex insurance and investment vehicle, if you take a withdrawal prior to the end of the index term, an Interim Value calculation is used. The Interim Value does not reflect the actual performance of the applicable index. Refer to the RILA product prospectus for more details.
Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty, sometimes referred to as an additional income tax.
Withdrawals will reduce the death benefit amount in direct proportion to the percentage by which the contract value was reduced. This can increase or decrease the amount deducted from the death benefit.
The decision to purchase an annuity within a qualified plan or IRA should not be based on the annuity's tax-deferred accrual feature, as this is already provided by the qualified plan or IRA itself. Variable investment options are subject to contract and administrative fees as well as underlying fund expenses.
Buffer Quote and issuing annuity carriers are separate, independent entities and are not responsible for the business, legal, or financial obligations of the other. Joseph Signorella is a selling insurance agent and/or IQ Retirement Portfolios LLC is a registered investment adviser in Florida. All individuals selling this variable annuity must be licensed insurance agents or registered investment advisor representatives thru contracted general agent. Advisors may provide investment advisory services that are limited in scope and do not constitute comprehensive financial planning.
This website is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Clients seeking information regarding their particular investment needs should contact a financial professional. Buffer Quote aka, Joseph Signorella and IQ Retirement Portfolios LLC, its affiliates, and their financial professionals do not render tax or legal advice. Please consult with your tax and legal advisors regarding your personal circumstances. In providing this information, neither Buffer Quote nor any of its affiliates or financial professionals is acting as your ERISA fiduciary.
Not FDIC Insured • No Bank Guarantee • May Lose Value
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