Page 5 - AAA Northampton County - AAA Now! Spring 2015

FINANCIAL SERVICES
AAA
TM
LET’S HAVE A LIFE INSURANCE CONVERSATION –
DISCUSSING HOW IT CAN HELP WITH RETIREMENT PLANS
There is a trend developing in the United States and those of you who have not yet reached retire- ment age may need to highly consider how you intend on spending your golden years.
It is more important than ever to talk about how you can plan for your financial future. The Employee Benefit Research Institute (EBRI) reports that prior to September 2008, 72.4% of workers retired before or within one year of the date they had planned. After September 2008, this number of workers decreased
to less than 50%.
According to the EBRI, IRA’s will likely be the main
source of retirement income for future generations of Americans.
A deferred annuity from AAA Life Insurance Company can be a great place to roll over a 401k or to begin funding your retirement with regular monthly contributions to a new IRA account. Typically, the sooner you begin saving, the better off you will be in your retirement years. Placing $5,000
a year into an IRA, assuming a steady
3% interest rate compounded annually, would place the value of an annuity at over $187,000 in 25 years.
AAA Life offers a flexible premium deferred annuity that guarantees a specified interest rate for a set period of time, after
which the annuity earns a renewal interest rate. Currently, AAA Life’s Platinum Bonus Annuity® has first year interest rates up to 3.75%1, depending on the initial deposit amount.
The Employee Benefit Research Institute’s 2014 Retirement Confidence Survey also found that 73% of workers without a retirement plan have less than $1,000 in savings and investments. Only 18% of workers say they are very confident that they can retire comfortably. Of those surveyed, 58% of retirees have less than $25,000 in savings and investments, not counting their primary residence or defined benefit plans. A disturbing 65% of workers plan to work for pay in retirement, but only 27% of current retirees say they are working for pay during their golden years.
Tax time is here and there is no better time than now to start a conversation with a AAA Life Insurance Specialist about how an annuity can
help with your retirement plans. Many seek out AAA for help getting to their travel destination; now let us help you successfully arrive at your future plans also!
It's Tax Season...
It’s Tax Season...
Time toTCiomnseidteor aCn oAnnsuiidtyer an Annuity
Tax season is the perfect time to think about how an
Tax season is the perfect time to think about how an
annuity can help you prepare for retirement. AAA Life
annuity can help you pre
Insurance Company’s Platinum Bonus Annuity can
®
pare for retirement.AAA Life
help ensure you have the financial security you need to ® Insurance Company’s Platinum Bonus Annuity can
help ensure you have the financial security you need
enjoy you’re retirement years.
The base interest rate on our Platinum Bonus Annuity
to enjoy you’re retirement years.
is 2.00%. Check out the competitive Platinum Bonus interest rates—including the first-year bonus.
ThAbeoutbtheaPslaetinuinmtBeonruessAntnruaityteonourPlatinumBonusAnnuity
is 1.25%. Check out the competitive Platinum Bonus
AAA Life’s Platinum Bonus 5-year annuity:
• Can be purchased for as little as $3,000.
in•teOfrfersatcroamptetitsiv—e fixiend icnteluresdt riantegthatihs e first-year bonus.
guaranteed for the first 12 months.
• Can guarantee retirement payments for as long as
Disclaimer:
1Rate current as of 1/26/15 and is subject to change without notice.
Annuities offered by AAA Life Insurance Company, Livonia, MI. AAA Life is licensed in all states except NY. AAA Life CA Certificate of
Authority #07861. Contract Form Series ICC11-4111/DA-4111.
ALAN-22441-D14-XX
Save up to
$20
You can with TurboTax®
This year, take your do-it-yourself attitude one step further — do your own taxes. With TurboTax, you can be confident they’ll be done right. Plus, AAA members save up to $20 on TurboTax federal products.
Get started:
aaa.com/turbotax
© 2014-2015 Intuit Inc. All rights reserved. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/ or service marks of Intuit Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of their respective owners.
Issue Amounts
$3,000 - $49,999 $50,000 - $499,999 $500,000 and higher
• Can be purchased for as little as $3,000. Current Base First-Year Total First-Year
About the Platinum Bonus Annuity
you live.
• Allows payout options to meet income needs for you
AAaAnd Lyoiufer fa’smilPy. latinum Bonus 5-year annuity:
• Offers a competitive fixed interest rate that is 2.00% 1.50% 3.50%
Interest Rate1 Bonus Rate1 Annuity Rate1
guaranteed for the first 12 months.
2.00% 2.00% 4.00% 2.00% 2.50% 4.50%
• Can guarantee retirement payments for as long as you live.
• Allows payout options to meet income needs
Contact your local AAA Life
Insurance Specialist today tofor you and your family.
(610) 258-2371 learn more about the benefits AAA Northampton County
of our Platinum Bonus Annuity. 3914 Hecktown Road Easton, PA 18045
Total First-Year Annuity Rate1
Lisa Moyer
Current Base First-Year Issue Amounts Interest Rate1 Bonus Rate1
1Interest declared
rates effective as of 1/1/15 and are subject to change without notice. Interest rates are annual effective yields. The first-year interest rate is guaranteed for the first contract year only and is separate from the guaranteed minimum rate effective for all contract years.
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Contact your local AAA Life Insurance professional today to learn more about the benefits of our Platinum Bonus Annuity.
1 Interest rates effective as of 1/26/15 and are subject to change without notice. Interest rates are annual effective yields. The first-year declared interest rate is guaranteed for the first contract year only and is separate from the guaranteed minimum rate effective for all contract years.
Annuities are usually purchased to meet long-term goals. Product and its features may not be available in all states. Under current tax law, earnings withdrawn before age 59 1/2 may be subject to IRS penalty and taxable. During the surrender charge period, withdrawals exceeding 10% will be subject to a surrender charge that may be higher than fees associated with other types of financial products and may reduce principal. For complete terms of the annuity, please refer to the contract. AAA Life and its agents do not provide legal or tax advice. Therefore, you may wish to seek independent legal, tax, or financial advice prior to the purchase of any contract. Annuities offered by AAA Life Insurance Company, Livonia, MI. AAA Life is licensed in all states except NY. AAA Life CA Certificate of
Authority #07861. Contract Form Sereies ICC11-4111/DA-4111. ALAN-22417-115-XX
Lisa Moyer – 610.258.2371
AAA Northampton County 3914 Hecktown Road Easton, PA 18045
SPRING 2015
3914 Hecktown Rd., Easton, PA • (610) 258-2371 • www.aaanc.com
5
Now!
NOW is the Time
Ask about an annuity TODAY