Since most people want a plan adapted to their lifestyle, a Qualified Annuity can offer you the flexibility to choose between 3 nationally recognized and widely used indices to insure your money such as the S&P 500, SP& 500 Marc 5 % and the Nasdaq-100.
In a Non-Qualified Annuity you can choose between allocating all your funds in one strategy or in 7 different ones.
A Non-Qualified Annuity provides you with Security of Capital because it allows you to receive interest earnings without investing them directly in the Index. If the Index goes negative, the money contributed and earned will never receive less than the guaranteed minimum of 0.
On the other hand, while your money continues to grow year after year, you will not have to pay taxes at any time until you wish to withdraw all the value accumulated in the annuity. (You should contact your attorney or tax advisor for tax instructions.)
Living off my money
A Non-Qualified Annuity allows you to add the lifetime income endorsement that allows you to receive a check for the rest of your life even if the money contributed and accumulated runs out.
