Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk, and possible loss of principal. Variable annuities contain both investment and insurance components and have fees and charges, including mortality and expense, administrative, and advisory fees. Optional features are available for an additional charge. An annuity’s value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax. Withdrawals will reduce the death benefit and cash surrender value.
Carefully consider the investment objectives, risks, and charges and expenses of the fund or policy and its underlying investment options before investment. This and other important information can be found in the prospectus. Prospectuses are free and available upon request and should be read carefully before investing or sending money. For a current prospectus please contact your financial professional.