Have you been bounced around by a tumultuous stock market? Are you looking for ways to help reduce your current tax liability, set aside funds for retirement or diversify your portfolio with guarantees? Then a fixed annuity may be a solution to consider. A deferred fixed annuity is a contract offered by an insurance company designed to allow the accumulation of assets for the future. With a fixed annuity, you make a lump sum payment or series of payments and the insurance company guarantees the safety of your principal and pays you interest on your money. Your earnings accumulate tax deferred, which means you don’t pay income taxes until you make withdrawals. When retirement rolls around, you can convert your nest egg into a guaranteed lifetime stream of income or receive your contract value in one lump sum payment. A deferred fixed annuity offers you:

• Safety of principal
• Competitive interest rate guarantees that provide a safe, secure investment
• Earnings that grow tax deferred
• Guaranteed lifetime income options
• Protection for your heirs and the ability to bypass probate

A fixed annuity can be an effective way to accumulate dollars for your retirement and provide income that is guaranteed for life. With a deferred fixed annuity, you can pursue your goals through guaranteed, steady growth. Before purchasing an annuity, it’s important to review the contract for fees, charges and other important features. For more information about adding a fixed annuity to your portfolio, contact Breta Grumbois or Tracy Aalvik, the Fibre Financial Group Representatives located at Fibre Federal Credit Union/TLC at 360-414-4224. 

All guarantees are based on the claims-paying ability of the issuer. If you are considering purchasing an annuity as an IRA or other tax-qualified plan, you should consider benefits other than tax deferral since those plans already provide tax-deferred status. Withdrawals may be subject to surrender charges during the early years of the contract. Withdrawals before age 59½ may be subject to a 10% federal tax penalty.
 
Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members.
 
FR040219-EA87 (0510)