An Income Strategy with Major Benefits

Control

• OptiFlex is designed to give each client autonomy over their guaranteed lifetime income streams in their estate and when these income streams are activated.

Optimization

• By activating your guaranteed lifetime income streams in a laddered approach, OptiFlex gives the client an opportunity to continue capturing market gains based on index performance in addition to increased payout rates as the income benefit base ages.

Flexibility

• Flexibility is a key benefit in OptiFlex.  When needs arise, such as changes in living expenses, health, or other life events the added flexibility to turn on guaranteed lifetime income streams or access the liquidity of principal within the annuity to meet these needs is vital.

Security

• Peace of mind knowing that your guaranteed lifetime income is preserved from negative impacts of the market.  OptiFlex gives you and your family security when it comes to your income and legacy.

Tax Efficiency:

• The ability to turn income streams on as necessary while also being aware of your current income tax bracket will allow you to efficiently manage your income levels giving you the opportunity to maximize your tax efficiencies.

An Example:

A client wants to invest $500,000 in a lifetime income annuity.  Rather than investing the entire amount into one lifetime income annuity, the $500,000 is spread across five lifetime income annuities with $100,000 invested in each one.  Structuring the investment using the OptiFlex Retirement Income Strategy gives the client the ability to turn on the lifetime income stream from a different annuity at a different time as their needs arise.  Let's say this client turns on income from one annuity to meet their current cost of living in retirement.  Later down the road a life event happens and this increases their total cost of living.  The client can then activate the second stream of income from one of their remaining four lifetime income annuities waiting to be activated.  Next, the client's spouse passes away and there is a loss of social security or other income stream.  The client can then activate a third income stream from the remaining annuities to fill the lost income need.  Lastly, during this time, the OptiFlex Strategy has added am Optimization component to the mix by allowing the remaining annuities to continue growing and securing a higher lifetime income benefit by deferring to turn on the income streams.  Lastly, if these remaining annuities are never activated for lifetime income, the family bequest has grown safely overtime providing a larger payout to the beneficiaries.