arrow What do industry experts think about Monument Advisor?
Read a commentary by a well-known financial columnist.
open quoteFrom time to time—not enough for me—financial products come out that actually fill a need...I'll start with a variable annuity called Monument Advisor issued by Jefferson National Life Insurance Co.
—Los Angeles Times

Put your retirement on a low-cost annuity fee diet with our astounding $240-a-year annuity.*

As the industry's first brilliantly simplified, low-cost variable annuity, Monument Advisor works on the principle of addition by subtraction. It gives you less of what you don't want—and more of what you do. We subtracted the costly features that complicate so many other annuities. And we added more of the investment options long-term investors really need and want. As a result, Monument Advisor does not provide additional benefits such as a living benefit or death benefit.

Here's what makes our low-cost variable annuity, Monument Advisor, so innovative compared to the other variable annuities on the market today.

Groundbreaking Benefit Why it offers a competitive advantage
LOWER Cost
ZERO Mortality and Expense Charges Monument Advisor does not assess any M&E fee. This is unlike most annuities which keep an average 1.35% of consumers' assets each year to cover insurance charges.
ZERO Sales Charges 100% of your investment to Monument Advisor starts building potential earnings. And without the drain of sales charges, your assets are poised to grow faster.
ZERO Surrender Charges Unlike other VAs, Monument Advisor does not penalize you if you need to withdraw assets at any time. Just remember that the IRS assesses a 10% early withdrawal penalty on withdrawals from your annuity before age 59½.
ZERO Commissions Paid Unlike other annuities, Monument Advisor does not pay commissions to any sales person. Not only does that keep annuity costs low, it assures you of unbiased advice from your advisor.
ONE Flat Monthly Insurance Fee of Only $20 Per Month* With most variable annuities, the greater the annuity assets, the higher the insurance fees. But with Monument Advisor, there is no asset-based insurance fee. It remains the same flat fee each year whether your account grows to $100,000 or $10 million, guaranteed.
MORE Investment Flexibility
A Diverse Range of Fund Options Monument Advisor offers over 200+ underlying fund options managed by more than 20+ independent and well-respected fund families—more than any other non-qualified variable annuity1.
Options for Active Management Monument Advisor's full range of investment options include 40+ trading-friendly Rydex funds as well as the ability to make tax-free transfers whenever you need to. (Just check our prospectus for any limitations.)

 

 

* Jefferson National's Monument Advisor has a $20 flat insurance fee on more than 97% of our underlying funds. Certain funds also have a transaction fee ranging from 19.99 to 49.99 per transaction, depending on the number of transactions per year. See the prospectus for details. Like other variable annuities, the customer pays fees of the underlying funds selected plus the fees of any advisor hired.

1 The average variable annuity has 38 underlying fund options according to Morningstar data as of 12/31/05.

An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus containing this and additional information, please contact your financial professional. Read it carefully before investing. The summary of product features is not intended to be all-inclusive. Restrictions may apply. The contracts have exclusions and limitations, and may not be available in all states or at all times.

Variable annuities are investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.

Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10% IRS tax penalty. Jefferson National does not offer tax advice. Annuities are not deposits or obligations of, or guaranteed by any bank, nor are they FDIC insured.

Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2.

Form #: JEF-whatitoffers-20080513