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Due to the effects of inflation, most of us will barely survive on our retirement money. Unless
we protect both our capital and returns, of course - which is what the Buy Annuity Online Retirement Annuity can do for you.
Apart from the tax advantages you get on your contributions, portfolio growth and your final
pay-out, the Buy Annuity Online Retirement Annuity also offers a huge number of choices:
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A choice of multiple investment funds |
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The flexibility to switch between them at any time |
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The flexibility to inject extra sums over and above your monthly contributions or lump sum
investment of continuing your contributions if you change jobs, and
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A choice of pension plans when your Stratus Retirement Annuity matures. |
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A retirement annuity can provide dependable security: a stream of income payments that will continue for the rest of your life or for a period you select. If you are about to stop working, a retirement annuity may be a good place to put a large lump sum of
money accumulated through a deferred annuity, a retirement plan or other savings vehicle.
A retirement annuity can be purchased with funds from a variety of possible sources, such as: a maturing Certificate of Deposit (CD); monies which have accumulated in a Deferred Annuity account; or funds from a tax-qualified defined benefit, 401k or IRA
account.
Under current tax law, a portion of each payment received from a retirement annuity is tax-free until your total premium is recovered. The remainder of each payment is taxed as ordinary income in the year received.
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