Annuities and IRAs

2 Year Fixed Deferred Annuity/IRA
2%* APY
Minimum Initial Deposit $10,000
Maximum Total Deposit $50,000
Additional deposits accepted through the life of the policy
5% Decreasing surrender charge
(5% year one, 4% year two)
 
9 Year Fixed Deferred Annuity/IRA

4%** APY
Minimum Deposit $300/Maximum Deposit $100,000
 
5 Year Fixed Deferred Annuity/IRA

3.50%** APY
Minimum Deposit $300/Maximum deposit $100,000

 
Flexible Premium Annuity/IRA
3.25%** APY
Minimum Deposit $300
  
“No Fees”
100% of Your Money Earns Interest
 
*Interest rate guaranteed for the 1st year; 1% APY guaranteed thereafter.
**Interest rate guaranteed for the first year, 3%APY thereafter.

10% annual CLC penalty-free withdrawal after the 1st year,
Plus, a 5% Fraternal Benefit penalty free withdrawal.

 
Fraternal Benefit Package waives the declining penalty (7%, 6%, etc.)
in case of serious Illness, nursing home confinements, etc.
 
Rates are subject to change periodically on newly issued certificates.
The above rates are effective as of 11/15/11 and are subject to change.

 
Annuities:
- no start-up fees, no membership fees, no backend loads
- interest accumulates tax-deferred
- guaranteed 3.00% APY (guaranteed 1% APY for 2 year product)
- Fraternal Benefit Package waives the declining penalty in case of serious illness, nursing home confinement, etc.
  
**Traditional IRAs:
- may be tax deductible in the year purchased
- each spouse may contribute $5,000 annually to their own individual account
 
**Roth IRAs:
 - non-deductible contributions up to $5,000 per individual annually
- working individuals may contribute beyond age 70 1/2
   with no age or minimum distribution requirements
 
** The combined total of Traditional and Roth IRA contributions cannot exceed the maximum of $5,000 per person per year. For wage earners 50 years and older, there's a "catch up" provision that allows an additional $1000 contribution per person for 2009-2012.