Annuities
This contract between you and an insurance company invests money with a fixed or variable return rate. Income isn't taxed until withdrawn from the contract, making annuities good for retirement savings.
Fixed Annuity Products
A fixed annuity provides a guaranteed interest rate* for a fixed period of time.
Here's how it works: You give a check to an insurance company and they invest it. If their investments do poorly, they will still pay you the interest rate they promised. The interest rate you are paid will be periodically adjusted up or down, but it will never go below the guaranteed rate.
Allstate offers a range of fixed annuity products and features*
Indexed Annuity Products
An indexed annuity earns interest on the potential upward movement of an equity index. Indexed annuities also feature a minimum interest rate. This rate serves as a "safety valve" by providing growth even when the market performs poorly. Indexed annuities are a popular option for people who want some of the growth potential of a variable annuity, but with less risk. Earnings are linked, in part, to a specific stock index such as the Standard & Poor's 500TM Composite Stock Index.
Allstate offers a range of indexed annuity products and features*
Saver's Index Annuity Series
- Issue ages ranging from age 0-85
- Policies start for as little as $2,000
- Single and flexible premiums available
- Distributions not required until age 85 or 95, depending on your age when you purchase the annuity
- Credited interest based on the changes in the S&P 500 Index
- Nursing home and confinement waivers available
To obtain additional information about these indexed annuity products, contact an Allstate Agent or Personal Financial Representative.
Variable Annuity Products
A variable annuity combines the standard features of most annuities with investment choices. As with most annuities, it offers tax deferred growth on your earnings* and a death benefit for your beneficiaries. Plus when you purchase a variable annuity, you can choose how you want your money invested from a wide range of investment options called subaccounts. Subaccounts invest in underlying portfolios that are invested in common stocks, bonds, money markets or a combination of these. The value of your annuity will increase or decrease depending on your contributions and the performance of your investment choices.
Immediate Annuity Products
With an immediate annuity, you begin receiving payments within one month or up to 12 months from your annuity purchase date, depending on when you want to start this income stream. When purchasing an immediate annuity, you can tailor it to fit your personal needs, which includes choosing a payment option and the frequency of the payments (monthly, quarterly, semi-annually or annually).
Allstate offers the Single Premium Immediate Annuity*:
- Issue ages ranging from age 1-99
- Contribution amounts start at $5,000
- A variety of payment options to meet your and your spouse's needs.
Market Value Adjusted Annuity Products
Market value adjusted annuities can help you get a variety of interest rates. With these plans, you can divide your money over several different contract periods, each with its own rate of interest. During each contract period, you may choose to take cash from your account when prevailing interest rates are favorable for a withdrawal. Market value adjusted annuities have a greater potential to provide higher interest rates than the traditional fixed annuity.
Allstate offers the Tactician Plus market value adjusted annuity*:
- Issue ages ranging from age 0-90
- Policies start for as little as $2,000
- Flexible premium, minimum additions of $1,000
- Choice of guarantee periods
- Confinement waiver benefit available
* Please see the disclaimers below.
Guarantee is based on claims paying ability of insurer.
The Allstate® Treasury-Linked Annuity is issued by Allstate Life Insurance Company. Not all features available with all products and not all products are available in every state.
The Single Premium Immediate Annuity is issued by Lincoln Benefit Life Company, a subsidiary of Allstate Life Insurance Company. Not available in all states.
The Saver’s Index Series is issued by Lincoln Benefit Life Company, a subsidiary of Allstate Life Insurance Company. Not all features available with all products and not all products are available in every state.
“S&P®”, “S&P 500®”, and “Standard & Poor’s 500” are trademarks of McGraw-Hill Companies, Inc., and have been licensed for use by Allstate Life Insurance Company. Saver’s Index Series are not sponsored, endorsed, sold, or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing this product.
The Tactician Plus is issued by Lincoln Benefit Life Company, a subsidiary of Allstate Life Insurance Company. Not available in every state.
Withdrawals of earnings may be taxed at ordinary income tax rates and a 10% premature distribution federal tax penalty may apply for withdrawals prior to age 59 ½.
Variable annuities are long-term investments designed for retirement purposes. You should carefully consider the investment objectives, risks, charges and expenses of the investment alternatives before purchasing a contract or investing money. This information is only a summary. Additional information about these and other subjects can be found in the prospectuses for the contract and the underlying portfolios. You may obtain copies of these prospectuses from your Allstate Personal Financial Representative. Please read the prospectuses carefully before purchasing a contract or sending money.
ALFS, Inc., and Lincoln Benefit Life Company are subsidiary affiliates of Allstate Life Insurance Company. Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC, (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA, SIPC. Main Office: 2920 South 84th Street, Lincoln, NE 68506. 877-525-5727.