VIEW TABLE OF CONTENTS
RETIREMENT PLAN SUPPORT & ADVISOR SERVICES In-plan Retirement Income - Product or Service
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Lifetime Income+
Allianz Lifetime Income+® Annuity with the Lifetime Income Benefit (ALI+) is a new fixed index annuity that offers plan participants guaranteed retirement income and is easily added to any defined contribution retirement plan. By allocating a portion of DC plan savings to ALI+, participants can have the potential for their retirement savings to grow with a fixed index annuity (FIA) while also building guaranteed lifetime income. Contributions are not directly invested in stocks or bonds, keeping participant allocations protected from market risk. With an innovative increasing income potential 1 design, there’s also the opportunity for increasing income leading up to and during retirement. Participants also have flexibility to contribute at their own pace, and ALI+ goes where participants go,
even if they change employers before retirement. Plus, it’s easily integrated with existing financial wellness solutions.
For more than 125 years, Allianz Life Insurance Company of North America (Allianz) has been helping Americans prepare for their financial future. Now Allianz is putting that depth of retirement income experience to work in a solution tailored for defined contribution plans. Designed to work for real people and the reality of retirement today, Allianz Lifetime Income+ with the Lifetime Income Benefit marks a new way to design in-plan annuities with a flexible product design, streamlined connections with plan partners, and increasing income potential 1 . 1 Increasing income potential is provided through a built-in rider at no additional cost. Fixed index annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest, tax-deferred accumulation potential, and the reassurance of a death benefit for beneficiaries. Withdrawals are subject to ordinary income taxes and, if taken prior to age 59½, a 10% federal additional tax. Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. (C64712-MVA) This content does not apply in the state of New York.
www.allianzlife.com
156 WealthManagement.com
*NOTE: Company descriptions are effective as of the date of nomination submission (February – May 2023). For updated facts and figures since that timeframe, please contact the nominated company.
Powered by FlippingBook