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).
A flat fee of $20 a month is unheard of...Over time, this is a huge advantage.—Chicago Tribune, February 2006
Variable annuities re-imagined: Fly higher, pay lower.
If you already have an existing variable annuity, you may not be getting the most for your money. Here's the good news: Now you can transfer those assets to a new annuity tax-free through a process called a "1035 exchange." It's simple, fast and can be completed in a few moments. Before you do, however, you'll want to check to see if your current annuity assesses any surrender charges on withdrawals, and whether it includes any important benefits the new annuity wouldn't offer you.
Why overpay? Monument Advisor has no M&E charges. Just one flat $20-a-month* insurance fee.
Nearly all annuity companies charge you "mortality and expenses" fees (M&E) to cover the guarantees on the annuity. Typically those charges are calculated as a percentage of your annuity assets. Translation? The more you invest and the more your annuity grows, the higher those fees will grow, too. Often, these fees nullify the benefits.
Added value vs. expensive add-ons.
Which would you rather sign up for? Lately, annuity companies have added lots of complicated features to their products. Like options that guarantee certain death benefits, income benefits or withdrawal amounts. But these extra features do come at an extra cost, which drives down your annuity's performance. Time to review what you have—and see if you're paying a fair price for what you're getting. A professional advisor can help you objectively analyze your existing annuity. (Monument Advisor offers a death benefit equal to your account value. You should review your circumstances and needs to determine if this product will provide you with the necessary benefits.)
Give your annuity a check-up with our Annuity Comparison Calculator right now and see what your annual savings could be with Monument Advisor.
Why settle for limited fund options?
Monument Advisor offers more choices than anyone—200+ options from 20+ leading managers. Most typical annuities simply don't offer enough options across the full range of investment classes. Here's another tip: Check to see who's managing your annuity's funds. If a number of them are managed by the same parent company as the annuity provider, you don't have the flexibility and control to diversify across managers as well as asset classes.
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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-alreadyhaveavariableannuity-20080614