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Overture Medley 403(b) TSA
As they plan for their retirement dreams, many people consider variable annuities as an investment vehicle for their tax sheltered annuities (TSAs). Medley can provide the accumulation potential, peace of mind and custom flexibility that you are looking for in a financial product.
Accumulation Potential
Medley provides the opportunity to invest money in variable investment options managed by some of the top names in the mutual fund industry and any growth is tax-deferred, which can help you keep more of what you earn. Of course, like other variable annuities, Medley involves risk of loss, including principal. In addition, purchasing this policy to fund a 403(b) plan does not provide any additional tax deferred treatment beyond that provided by the plan itself.
The Features You Want
Medley offers features that can help you plan for your retirement with confidence:
Guaranteed Income. Only an annuity can provide an income that’s guaranteed to last as long as you live.
- Guaranteed Death Benefit. Your heirs will receive at least the amount you put into your annuity, if you die before you start taking an income.
Any guarantees available as part of the variable annuity contract are subject to the claims-paying ability of Ameritas Life Insurance Corp. and do not apply to the investment performance of the underlying investment options available with this product.
Withdrawal charges are a percentage of each premium payment since receipt: 1 - 8%, year 2 - 8%, year 3 - 8%, year 4 - 7%, year 5 - 6%, year 6 - 5%, year 7 - 3%, year 8 and beyond - 0% (most states). Withdrawals prior to age 59½ may be subject to penalty.
Low Cost
Medley is a comprehensive, low-cost variable annuity with current expenses of just 1.05% annually (1.55% maximum) and no policy fee ($40 maximum). These lower expenses allow more of your money to work for you and can help you accumulate more. Keep in mind that investment options have their own costs.
Custom Flexibility
Medley provides the basic features most people need for long-term retirement planning. But because everyone's needs can be different, you can customize Medley's features to create an annuity that's just right for you. You can add features to provide more access to your money and more protection for your beneficiaries. The best part is that with Medley you pay only for the features you choose.
Getting Started
You can start your Medley annuity with a minimum premium of $25,000 but there are also ways to get started with a lower initial investment. Your financial professional can help you decide if it is right for you.
Overture Medley® (Form 4888) variable annuity and 403(b) Tax Sheltered Annuity Endorsement (TSA-V Ed. 1-02) are issued by Ameritas Life Insurance Corp. and underwritten by its affiliate Ameritas Investment Corp. It is subject to investment risk, including possible loss of principal. Before investing, carefully consider the investment objectives, risks, charges and expenses, and other important information about the policy issuer and underlying investment options. This information can be found in the policy and investment option prospectuses. You can obtain copies on this website or by calling 800-745-1112.
Product and riders may not be available in all states.
Rev. 9/18/2008 |
