Whether you begin saving early during your working career or after you are already retired, BetterLife’s Advantage 30 Annuity is designed to provide you with the flexibility you need to save money for the future.
The Advantage 30 Annuity is a flexible payment deferred annuity. It is purchased by making payments in the amount and frequency of your choosing. Because you are deferring annuity payouts to a later date, you are also deferring tax payments on any interest your annuity earns. Interest will not be taxed until the time funds are withdrawn.
*Withdrawals are subject to income tax, and most withdrawals made prior to age 59 1/2 are subject to a 10 percent IRS penalty. Guarantees are backed by the financial strength and claims paying-ability of BetterLife.
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