AnnuityRescue Center
You won't believe how much you could save with a flat insurance-fee variable annuity*Annual savings are based on an industry average M&E charge of 1.35% (According to Morningstar 12/06). Monument Advisor's flat annual insurance fee of $240, and a Monument Advisor average contract value of $190,000 (as of 1/08).
Last year, Jefferson National Life Insurance Co. in Dallas introduced a variable annuity that imposes no commissions or surrender fees, and charges a flat insurance fee of $20 a month regardless of the annuity's size. By comparison, the average variable annuity charges an insurance fee of about 1.38% according to investment researcher Morningstar, Inc. On a $100,000 contract, that is the difference between paying $240 a year or $1,380.—Wall Street Journal, May 15, 2006.
The logic of variable annuities. The exponential benefits of Monument Advisor for growing your retirement portfolio.
If you're committed to building long-term wealth, then you're probably already investing in traditional tax-deferred plans today through a 401(k) or personal IRA. Problem is, tax laws limit yearly contributions to these plans. Result? You earn limited income from these sources.
That's where a variable annuity comes in. It can help supplement those long-term savings vehicles with a unique combination of benefits:
- virtually unlimited contributions*;
- tax-deferred compounding;
- the flexibility to choose how your contributions are invested; and
- the option to turn your annuity assets into guaranteed regular income when you retire.
Yet as sound an idea as traditional variable annuities are, our groundbreaking Monument Advisor trumps them by offering a flat insurance fee of only $20 per month† no matter how much you invest.* Plus more fund options than any other non-qualified annuity available today: 200+. The answer is "Monument Advisor." The question is, "How can I get the most value from a new or existing annuity?"
We're so confident in the value Monument Advisor offers to investors that we encourage you to compare investing in a taxable account vs. a tax-deferred account with our MAX comparison tools. For long-term investments the benefits of tax deferral can be astounding.
Annual Insurance Fees: Monument Advisor vs. Typical Annuity
Fee comparison: Monument Advisor vs. typical annuities. The typical annuity insurance fee is 1.35%. (Morningstar® 12/06)
* Minimum deposit of $25,000. Deposits in excess of $10 million are subject to company approval.
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† 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.
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-index-20080614