An annuity is a long-term, tax-deferred investment vehicle designed for retirement. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. The annuity will fund an IRA or other tax qualified plan, the tax-deferral feature offers no additional value. There are charges and expenses associated with annuities, such as deferred sales charges for early withdrawals.
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Securian Retirement Distributors
A unit of Minnesota Life Insurance Company
400 Robert Street North, St. Paul, MN 55101-2098 • 1.800.820.4205
©2010 Securian Financial Group, Inc. All rights reserved.
F69171 Rev 5-2010
DOFU 5-2010
A01907-0410 |