HELP TURN YOUR RETIREMENT SAVINGS INTO

GUARANTEED INCOME FOR LIFE

Introducing the GUARANTEED INCOME  ANNUITY FROM AAA LIFE  INSURANCE COMPANY

INTRODUCING

AAA LIFE INSURANCE COMPANY’S GUARANTEED INCOME ANNUITY

On average, Americans expect their retirement savings to last only 10 years.¹ Yet people are living longer into retirement – up to 25 years or more – and could easily outlive their savings.

With many Americans living longer, healthier lives to the age of 85 and beyond², they face a serious financial risk of outliving their savings. Here’s how the AAA Life Guaranteed Income Annuity can help.

Guaranteed Income

TURN A PORTION OF YOUR RETIREMENT SAVINGS INTO

GUARANTEED INCOME FOR A LIFETIME

 

With AAA Life’s Guaranteed Income Annuity, a portion of your assets from retirement savings like your 401k, IRAs, CD’s, etc can be turned into a consistent income stream for a lifetime.

 
HOW A $100,000 ONE-TIME SUM OF YOUR MONEY COULD BE TURNED INTO RETIREMENT INCOME*
Age Monthly Payment
You'll Receive
Total Payment
You'll Receive
Annually
Your
Payout Rate
For Life
60 $439.27 $5,271.24 5.3%
65 $487.83 $5,853.96 5.9%
70 $555.05 $6,660.60 6.7%
75 $651.44 $7,817.28 7.8%

OPTIONS

TO CUSTOMIZE YOUR ANNUITY

 

With flexible options available to meet your supplemental retirement income needs, you can customize your Guaranteed Income Annuity from AAA Life.

THE LIFETIME GUARANTEE OPTION
Pays out income that you can never outlive. There are other options available that allow you to choose a period of time for the income to last.

THE JOINT LIFETIME GUARANTEE OPTION
Continues to make payments to your spouse if you are no longer living.

THE INFLATION OFFSET OPTION
Increases payments by a stated percentage for a set number of years.

THE RETURN OF PREMIUM OPTION
Ensures that any unpaid initial premium is returned to the beneficiary.

INCOME ACCESS FEATURE
Allows you to request an advance payment should an unexpected need for funds arise.

CONTACT YOUR AAA LIFE INSURANCE AGENT

to help customize an Annuity to best fit your financial situation –and enjoy more peace of mind throughout your retirement.

¹ Source: HSBC Insurance Holdings Limited. The Future of Retirement: A New Reality, 2013.

 

² Source: U.S. Census Bureau, Population Divison. 2013 Table 2-H, Projections of the Population by Select Age Groups and Sex for the United States: 2015 to 2060.

 

The payout amount you will receive is based on your individual circumstances, the options you select at the time of application and your initial premium payment. Annuities are not short-term products. Withdrawals prior to age 59 ½ may be subject to IRS penalties. Product and its features may not be available in all states. For complete terms of the immediate annuity, please refer to the contract. AAA Life and its agents do not provide legal, tax or financial advice. Please consult your professional tax advisor prior to the purchase of any contract. Annuities offered by AAA Life Insurance Company, Livonia, MI. AAA Life CA Certificate of Authority #07861. AAA Life is licensed in all states except NY. Automobile Club of Southern California CA License #0003259. Your local AAA club and or its affiliates act as agents for AAA Life.

 

This brochure is an outline of the contract provisions and does not contain all of the benefits and exclusions. For complete terms of the immediate annuity, please refer to the contract.

 

Payment amounts and payout rates current as of 02/13/2017, are subject to change without notice and vary by state. Rates based on a Life Only Lifetime Guarantee Option for a female customer in the state of California with a $100,000 premium payment. The annuity income shown is before any federal and state taxes that may apply.

 

*The payout rate is the income received each year as a percentage of your initial premium. It is not an interest rate.