Fixed annuity review and rates
Intuitions Five
Intuitions Five is a single-premium deferred annuity (SPDA), with all early-surrender/withdrawal charges ending after just five years. You can make a one-time premium deposit of $10,000 or more. The money earns a competitive rate of return that can never fall below the guaranteed minimum rate. All interest is tax-deferred; no taxes are due until distribution is made from the annuity. When you are ready to retire, benefits can be taken under several options – from a lump sum to income for life, regardless of how long you live. The Woman's Life Insurance Society Intuitions Five can be created as either (1) an IRA, to consolidate funds from qualified plans and other IRAs; or (2) an individual, non-IRA annuity to tax-defer earnings for retirement.
You should consider Intuitions Five if you want to...
You should consider Intuitions Five if you want to...
- Make a one-time premium deposit of between $10,000 and $500,000.
- Have the option to access your money without surrender or withdrawal charges after the first five years.
- Steadily accumulate funds to help assure your retirement security.
- Benefit from the safety of a guaranteed minimum return.
- Defer all income taxes on interest.
- Consolidate or transfer money from IRAs or 401(k) rollovers into one contract.
- Transfer funds earmarked for retirement from maturing certificates of deposit, mutual funds, life insurance proceeds and other inheritances, as well as profits from home and business sales.
Withdrawals
Option after the first year to withdraw up to 10% of accumulated value each year, without withdrawal charge. (Tax and tax penalties may apply.)
Principal guarantee
Your cash surrender value will not be less than the total amount of premium paid minus withdrawals.
Notes
From TSP, P/S, 457 Def Comp, may have to identify pre tax funds and after tax to set up an IRA account and / or NQ account.
Fraternal Benefits Available to Social & Benefit Members
Woman’s Life Member Discount Program
Life Line Screening
Accidental Death Fraternal Benefit
Local Chapter Involvement
Option after the first year to withdraw up to 10% of accumulated value each year, without withdrawal charge. (Tax and tax penalties may apply.)
Principal guarantee
Your cash surrender value will not be less than the total amount of premium paid minus withdrawals.
Notes
From TSP, P/S, 457 Def Comp, may have to identify pre tax funds and after tax to set up an IRA account and / or NQ account.
Fraternal Benefits Available to Social & Benefit Members
Woman’s Life Member Discount Program
Life Line Screening
Accidental Death Fraternal Benefit
Local Chapter Involvement
Fraternal Benefits Available to Benefit Members
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity
Good Health Benefits
Woman’s Leadership Development Grant
Scholarship Opportunity
Interest Rates
| Guaranteed Years | Surrender Years | Guaranteed Yield | Current Yield |
|---|
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 10%
2nd+ year: 10%
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, IRA Rollover, IRA Transfer, IRA-Roth, 457 plan, and TSP