As you plan for retirement, you want to give yourself every possible advantage – both while you’re accumulating your savings, and if you choose, after you begin receiving income.
The Personal Pension Plan (PPP) Program is one way to help build your retirement assets that offers principal protection and potential interest to help you accumulate money safely. The money in your strategy grows tax-deferred, which may help your savings accumulate faster.
The companies and the strategies we endorse credit interest based on changes in an external market index. In some cases, they also offer additional interest potential through an interest bonus and provide protection using annual reset. The index’s ending value at the end of each contract year becomes next year’s starting value. This means that the index does not have to make up previous losses for your accumulation value to earn additional interest.
Here’s a closer look at how an interest bonus may help you accumulate money for retirement
Keep in mind that this represents hypothetical results only and may not be used to predict or project future results. The chart does not represent any particular index and is not meant to be to scale or proportionate. Actual results will vary by crediting method and index allocation chosen.
Increasing Income Potential
If you are interested in receiving guaranteed lifetime income then we have solutions that may provide that for you, and if you choose for your spouse as well. Some products offer you the potential for increasing income. Here’s a hypothetical example that shows you how.
This example shows 10 years of lifetime withdrawal income following an initial 10-year accumulation phase after you would have opened your account:
Keep in mind that this represents hypothetical results only and may not be used to predict or project future results. The illustrations shown do not represent any particular index and are not meant to be to scale or proportionate. Actual results will vary by crediting method and index allocation chosen.
Withdrawals are subject to ordinary income tax and, if taken prior to age 59 1⁄2, a 10% federal additional tax. Guarantees are backed solely by the financial strength and claims-paying ability of the Insurance Company Product, and feature availability may vary by state.