Flexible Premium Deferred Annuity
An annuity that can flex and grow, no matter what kind of retirement you're swinging for. A fixed annuity can help you adapt your retirement goals to your life.
Flexible Premium Deferred AnnuityOur annuity options
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Single Premium Immediate Annuity
No matter where your retirement takes you, it's sure to be fabulous. Let's make sure your retirement funds will be too.
Single Premium Immediate Annuity -
Single Premium Deferred Annuity
A simple way to be better prepared for retirement.
Single Premium Deferred Annuity
Is an annuity right for me?
It depends. Many retirees cover their fixed expenses like housing costs and food with guaranteed income sources, like Social Security and pensions. That leaves their other retirement investments and savings for the fun stuff, like traveling and hobbies.
If you don’t think Social Security and pension money will cover all your fixed expenses, an insurance policy like an annuity can add another guaranteed income source to your retirement. It can also be a good choice if you’re concerned you won’t be disciplined in withdrawing money from your savings.
Learn more about deferred annuities from the NAIC (PDF)
Benefits of annuities
In addition to having the option of lifetime income, if you have a deferred annuity, the value of your annuity can grow tax-deferred at interest rates that are guaranteed not to fall below a certain minimum. The payments you receive from your annuity will vary based on the payout option you choose.
Compare annuity options
Things to consider |
Flexible Premium Deferred Annuity |
Single Premium Immediate Annuity |
Single Premium Deferred Annuity |
|---|---|---|---|
| How it's purchased | With an initial single payment, plus additional payments as desired |
Single payment |
Single payment |
When you start taking payouts |
At a future date of your choice |
Within the first year after purchase |
At retirement age (at least age 59½) |
Who it's for |
It could be an ideal choice if you want to invest money over time in an annuity, instead of funding it with a lump sum of cash. |
Might be a smart option if you're getting ready to retire or are already retired. |
People who have a lump sum of money today (minimum $10,000) and want it to grow for tomorrow. |
Ready to start?
Talk to a COUNTRY Financial representative to get more details and review the pros and cons of your options.
Annuities issued by COUNTRY Investors Life Assurance Company®, Bloomington, IL. Annuities are not available in all states.
The information and descriptions contained here are not intended to be complete contract descriptions. Annuity contracts contain exclusions, limitations, charges and terms for keeping them in force. Contact your financial representative for costs and complete details.
Annuity guarantees based on the claims paying ability of COUNTRY Investors Life Assurance Company.
With tax-deferred growth, the interest your annuity earns is generally subject to ordinary income taxes upon payout or withdrawal, and may be subject to a 10% federal tax penalty if taken before age 59 1/2.
COUNTRY Financial and our representatives cannot give tax advice. Any information we provide reflects our understanding of current tax laws, which are subject to change and reinterpretation. See your tax advisor regarding your personal circumstances.
Contract form numbers:
Flexible Premium Deferred Annuity: ICC18(FPDA), In North Dakota: FPDA18(ND)
Single Premium Immediate Annuity: MAI-37-87, CI_37_02
Single Premium Deferred Annuity: CI-SPDA-03B, In North Dakota ND-SPDA-03B
COUNTRY Financial® is a family of affiliated companies (collectively, COUNTRY) located in Bloomington, IL. Learn more about who we are.
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