Think you need a lot of cash to start saving for retirement? Think again.
With flexible premium indexed annuities from National Life, you can start with just $100/month (or a $5,000 single premium). And when you have extra cash on hand, you can contribute more.
We now have three new options for clients to choose from!
These annuities provide:
Upside Potential
Your money earns interest based on the performance of a market index like the S&P® 500.[1]
Downside Protection
You’ll never lose a penny of your money due to market downturns. That’s peace of mind, especially when markets see a lot of ups and downs.
Tax-Deferred Growth
You won’t pay taxes on interest earned until you make a withdrawal. Your money grows faster when interest compounds and is tax deferred.
Flex Secure Growth Bonus: Get a Head Start
You get a 5% bonus on all contributions for the first 8 years.
Flex Select Income: Guaranteed Lifetime Income
You have the potential to convert the value of your policy into a steady income stream — for the rest of your life — using the Guaranteed Lifetime Income Rider.[2]
These annuities are available for many employer-sponsored plan types, including 403(b), IRA, Roth IRA, and non-qualified plans.[3]
The Smart Move Is to Start Now
When it comes to saving for retirement, the best thing you can do is getting started — even if it’s $100 at a time.
- Find out what is best for you and your unique situation: Work with your agent or a financial/tax professional.
- Looking to buy a flexible premium indexed annuity, or another annuity? Request a call from a National Life agent
[1] Indexed annuities do not directly participate in any stock or equity investments.
[2] Indexed Annuities and Riders offered by Life Insurance Company of the Southwest®. Flex Secure Growth 5, 7 and 10, Flex Secure Growth Bonus 10, and Flex Select Income 10 are policy form series 20934(0124)/ICC24-20934(0124) or a state variation thereof, and the Guaranteed Lifetime Income Rider is form series 20934(0124)GLWB/ICC24-20934(0124)GLWB or a state variation thereof. The Guaranteed Lifetime Income Rider (GLIR) incurs an additional cost. Once GLIR is exercised, the Guaranteed Withdrawal Payments will reduce the policy’s accumulated value, but you will continue to receive these payments during your lifetime even if your accumulation value declines to zero. GLIR is only available on the Flex Select Income 10 and may not be available in all states. Indexed annuities have surrender charges that are assessed during the early years of the contract if the annuity is surrendered. Rider charges continue to be deducted regardless of whether interest is credited. Guarantees are dependent on the claims paying ability of the issuing company. Please refer to the annuity disclosure documents for further details.
[3] Buying an annuity within a tax-deferred retirement plan doesn’t offer extra tax benefits.
The “S&P 500” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and S&P Opco, LLC and has been licensed for use by Life Insurance Company of the Southwest (“LSW”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (”Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by LSW. These fixed indexed annuities (“the Product”) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). Neither S&P Dow Jones Indices nor S&P Opco, LLC make any representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing in securities generally or in the Product particularly or the ability of the S&P 500 to track general market performance. S&P Dow Jones Indices and S&P Opco, LLC’s only relationship to LSW with respect to the S&P 500 is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500 is determined, composed and calculated by S&P Dow Jones Indices or S&P Opco, LLC without regard to LSW or the Product. S&P Dow Jones Indices and S&P Opco, LLC have no obligation to take the needs of LSW or the owners of Product into consideration in determining, composing or calculating the S&P 500. Neither S&P Dow Jones Indices nor S&P Opco, LLC are responsible for and have not participated in the determination of the prices, and amount of Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices and S&P Opco, LLC have no obligation or liability in connection with the administration, marketing or trading of the Product. There is no assurance that investment products based on the S&P 500 will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.
NEITHER S&P DOW JONES INDICES NOR S&P OPCO, LLC GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500 OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES AND S&P OPCO, LLC SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES AND S&P OPCO, LLC MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY LSW, OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500 OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES OR S&P OPCO, LLC BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND LSW, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
TC7808883(0425)3