You can create an investment plan for clients now, and for their future. Learn more about VAs at principal.com. To get started, contact your local Principal® representative or support team. Call us at 866-309-1623.
*Availability dependent on which guaranteed income option is chosen. Annual market gains are automatically locked into the withdrawal benefit base. Lock ins occur on the contract anniversary until the later of age 80 or 10 years after the contract date.
Investing in taxable or tax-deferred vehicles involves risk, and investors may incur a profit or loss in either type of account. Changes in tax rates and tax treatment of investment earnings may also impact comparative results. Investors should consider their personal investment horizon and income tax bracket, both current and anticipated, when making an investment decision, as these may further impact the comparison.
The subject matter in this communication is provided with the understanding that Principal® is not rendering legal, accounting, or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements.
Withdrawals prior to age 59½ are subject to a 10% IRS penalty tax. Tax-qualified retirement arrangements, such as IRAs, SEPs, and SIMPLEIRAs are tax-deferred. You derive no additional benefit from the tax deferral feature of the annuity. Consequently, an annuity should be used to fund an IRA, or other tax-qualified retirement arrangement, to benefit from the annuity’s features other than tax deferral. These features may include guaranteed lifetime income, death benefits without surrender charges, guaranteed caps on fees, and the ability to transfer among investment options without sales or withdrawal charges.
Annuity products and services are offered through Principal Life Insurance Company. Principal Variable Contracts Funds are distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC, and/or independent broker/dealers. Principal Life, Principal Funds Distributor, and Principal Securities are members of the Principal Financial Group®, Des Moines, Iowa 50392, principal.com.
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