Fraternity-Testvériség, 2001 (79. évfolyam, 1-4. szám)

2001-04-01 / 2. szám

Page 8

TESTVÉRISÉG

SAVING FOR ANNUITIES

A RAINY DAY?

With an HRFA tax-deferred annuity your dollars are safe and secure and earn

Do you want to plan for your retirement? Do you want to save money for your children’s or grandchildren’s college education? Do you want to earn a great return on your money? If you answer YES to any of these questions, then purchasing an annuity from the HRFA is the right way to go.

a great return.

1

st

year paying 6.5% interest

$cript$ave

Prescription Drug Discount Card

One of the many benefits HRFA members receive is the ScriptSave prescription drug discount card. This card is free and using it at participating pharmacies can save you 5% to 35% on your prescription drugs. Currently our members who use the card are averaging an 18% savings. This card offers instant discounts at the time of your purchase and covers brand names as well as generic prescriptions. It covers everyone in your household. Since this program’s initiation in June 2000, 6,272 prescriptions have been filled using the $cript$ave card saving our members a total of $48,360.

Our annuities are currently earning 6.5% and is guaranteed for the first year. This interest rate is subject to change but is guaranteed to never go below 3.5%. The interest earned is tax deferred until you draw the money out and is even tax deductible if used for a child’s education.

Our Flexible Premium Deferred Annuity requires a minimum deposit of $300 to start. After the initial minimum deposit, no further deposits are required. However, you may make additional deposits whenever you’d like, with a minimum of $25 for any single deposit.

Our Single Premium Deferred Annuity requires a minimum deposit of $3,000 but no further deposits can be made.

If you are interested in an HRFA Annuity, please contact your field representative or the Home Office for more information and an application.

For more information, contact your

local HRFA representative or the Home Office

toll-free at 1 -888-KOSSUTH (567-5887)

Every member of the HRFA should have been sent a $cript$ave card. If you are a member and have not received your card, or if you have lost your card and need a replacement, please call the $cript$ave customer service number at 1-800-700-3957.