Annuities

Annuities

SERENITY SOLUTIONS ANNUITY

When looking for safety, tax advantages or flexibility, be sure to include a fixed rate, tax deferred annuity from National Catholic Society of Foresters (NCSF) in your financial planning. NCSF has invested members' money prudently and thoughtfully for over a century.

Your NCSF annuity1 certificate will earn a competitive interest rate, which is guaranteed for the first year. NCSF adjusts the renewal rate periodically, based on prevailing market rates. A minimum guaranteed interest rate assures the growth of your annuity funds. Keep in mind that an annuity allows you to prepare for your retirement by setting aside funds to grow on a tax-deferred basis2, you only have to pay taxes when you take money from your fund. This means more of your funds are available to grow your nest-egg each year, allowing you to build up a bigger retirement fund for your future.

An annuity is an excellent tool for retirement planning. National Catholic Society of Foresters (NCSF) annuities can be used for Traditional IRAs & Roth IRAs or non-tax qualified plans. Another NCSF plus, you don’t need a large deposit to begin! You can get started with an initial contribution of as little as $300.

Safety And Security
NCSF is a legal reserve life insurance society and is subject to stringent financial reserve requirements. These reserves are invested with your financial security in mind, and in compliance with state insurance department rules. Our portfolio contains high quality investments. We publish our financial statement annually and it is distributed to our members.

An annuity from NCSF is available to those aged 0-80. Annuities provide the financial flexibility needed for effective long-term retirement planning. Your annuity may be converted to a monthly income you will not outlive.

For even more flexibility, choose from a flexible or single premium deferred annuity. Under the flexible premium option, you choose when and how much to contribute to your annuity certificate.3

The single premium deferred annuity requires just one contribution, but also allows additional deposits during the first certificate year only.3

Penalty-Free Withdrawal
NCSF offers annuity certificates with either a 7-year or 10-year surrender charge to members.

From either certificate, your funds are available to you at any time and you may withdraw up to 10% of your account in a certificate year without incurring a withdrawal charge4. Additional withdrawals are subject to the charges. Withdrawal charges are waived to pay nursing home expenses or if the annuitant is permanently disabled.

Deferred Accumulations. Federal and state taxes on interest earnings are deferred until funds are withdrawn or monthly payments begin. Tax deferred accumulation is a significant annuity advantage.

Favorable Distributions. Tax preferred treatment can continue even while receiving regular annuity payments. Regular payments may qualify for an exclusion ratio.

The IRS may impose a penalty on withdrawal prior to age 59-1/2. Consult your tax advisor regarding income tax treatment of withdrawals.

Getting Started Is Easy
Whether it is a life insurance or annuity product, we offer quality protection for all of your insurance needs. For more information regarding our products or programs, contact your local NCSF Insurance Producer whose info can be found on our website: www.ncsf.com or call our NCSF Sales Support at 800-344-6273.


PRODUCT/FEATURES NOT AVAILABLE IN ALL STATES. 1- ICC12FPDA, ICC12SPDA, 12FPDA, 12SPDA, 12FPDAND, 12SPDAND, 12FPDA MT, 12SPDA MT, 12FPDACA, 12SPDACA. 2- CONSULT YOUR TAX ADVISOR REGARDING YOUR INDIVIDUAL SITUATION. 3- RESTRICTIONS ON HOW MUCH CAN BE ADDED TO AN EXISTING ANNUITY DO APPLY. 4- YOU CAN WITHDRAW UP TO 10% OF YOUR ACCOUNT VALUE BEFORE SURRENDER CHARGES MAY BE ASSESSED.

2.14BR-ANN 4/17

 
 
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