Nassau Simple Annuity
Put your retirement savings to work for your future.
Product Overview
Snapshot
Portfolio Position
Nassau Simple Annuity, is a single-premium, multi-year guaranteed annuity that offers your clients protection from market volatility, a choice of 4 or 6 year guaranteed periods, and 5% annual free withdrawals.
Consumer Description
This product may be appropriate for individuals who:
- Seek to accumulate money for retirement1
- Have a conservative risk tolerance and want to grow an inheritance or other lump sum
- Want to secure a fixed annuity payment but not immediate income
Marketing Materials
Sales Support
Sales Tools
Required Training
Contract Details
Product Disclosure
Simple Annuity
Disclosure Document (Most States)
Marketing Materials
Note: not approved for use in NY.
Digital Ads
300x300
250x250
300x250
Advertise or post on Facebook, Google or
other social platforms. For use on home or landing pages with a link to your distinct Nassau Digital Code.
More sizes available upon request.
Materials not approved for use in ME, or NY.
Want to Learn More?
Talk to Our Sales TeamNotes
1. Withdrawals made during the life of the contract will reduce the amount payable upon annuitization.
2. All or a portion of amounts withdrawn are subject to ordinary income tax, and if taken prior to age 59 1⁄2, a 10% IRS penalty may also apply. We do not provide tax, financial or investment advice, or act as a fiduciary in the sale or service of the product. Consult a tax advisor or financial representative about your specific circumstances.
Nursing Home Waiver not available in CA or FL.
An annuity contract issued as part of a qualified retirement plan or IRA does not receive any tax benefits in addition to those provided under such qualified retirement plan or IRA without an annuity contract.
Important Disclosures
Nassau reserves the right to revise declared rates at any time.
FOR PRODUCER USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC AS SALES LITERATURE.
An investment in the contract is subject to possible loss of principal and earnings, since a surrender charge and market value adjustment may apply to withdrawals or upon surrender of the contract.
Nassau Simple Annuity (18FADTCP and ICC18FADTCP) is issued by Nassau Life and Annuity Company (Hartford, CT). Nassau Life and Annuity Company is not authorized to conduct business in ME and NY, but that is subject to change. Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group. Guarantees are based on the claims paying ability of the issuing company. In California, Nassau Life and Annuity Company does business as "Nassau Life and Annuity Insurance Company.
Product features, options and availability may vary by state.
Annuities are long-term products. Annuities held within qualified plans do not provide any additional tax benefit. With certain exceptions, surrender charges apply to withdrawals taken during the initial Guarantee Period and a market value adjustment, which may increase or decrease the amount received upon withdrawal, may also apply at any time.
All or a portion of amounts withdrawn are subject to ordinary income tax, and if taken prior to age 59 1⁄2, a 10% IRS penalty may also apply. We do not provide tax, financial or investment advice, or act as a fiduciary in the sale or service of the product. Consult a tax advisor or financial representative about your specific circumstances.
This is a brief description of Nassau Simple Annuity, a modified single premium deferred annuity. This summary is for informational purposes only. Please refer to product materials for any other specific information including limitations, exclusions and charges.
Nassau Simple Annuity is an insurance contract, not an investment; it doesn’t provide ownership of any stocks, bonds, index funds, or any other securities.
Insurance Products: Not FDIC or NCUAA Insured, No Bank or Credit Union Guarantee.
BPD40774
05-24
