Call us at 215-309-1798 for more information.
For a limited time, the premium bonus on Allianz Benefit Control® Annuity has increased from 22% to 32%. This is the highest bonus level ever offered on Allianz Benefit Control® and is available only for a limited time.
Fixed index annuities (FIAs) can be a great addition to a retirement portfolio. They offer accumulation potential, principal protection from market downturns, tax deferral, and a death benefit for beneficiaries.
Allianz Benefit Control® Annuity from Allianz Life Insurance Company of North America (Allianz) is a top-selling FIA1 that offers all the benefits above, plus:
The flexibility to begin lifetime withdrawals immediately or on any monthly anniversary after age 50.
Two interest bonus options also give you more control over how you pursue your income goals.
The opportunity to receive income increases.
A premium bonus credited to the protected income value to help jump-start your retirement savings.
The purchase of an annuity is an important financial decision. A top-selling product does not necessarily mean that it is suitable for your situation. You should have a full discussion with your Allianz financial professional before making any decision.
Wink’s Sales & Market Report, 3Q 2022.
You can start taking lifetime withdrawals from your annuity immediately or on any monthly anniversary after age 50 – but remember, they may be subject to ordinary income tax.
Both the premium bonus and interest bonus are credited only to the protected income value (PIV). To receive the PIV, including the value of these bonuses, lifetime withdrawals must be taken. The PIV is not available as a lump sum. You will not receive these bonuses if the contract is fully surrendered or if traditional annuitization payments are taken. If it is partially surrendered the PIV will be reduced proportionally, which could result in a partial loss of bonuses. Lifetime withdrawals are considered partial withdrawals and are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. Because this is a bonus annuity, it may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus feature.
Increasing income potential is provided through a built-in rider at no additional cost.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
Products are issued by Allianz Life Insurance Company of North America. This notice does not apply in the state of New York.
Product and feature availability may vary by state and broker/dealer.
Call us at 215-309-1798 for more information.
