William Penn Life, 2009 (44. évfolyam, 1-12. szám)
2009-02-01 / 2. szám
I Choose Your Plan WPA Flexible Premium Deferred Annuities (Non-Qualified) Tax-deferred interest accumulations Current interest rate guaranteed for first 6 months Minimum guaranteed interest rate - 3.0% PENN “PREFERRED” (9 Year Withdrawal Charge)- Designed for those saving for long-term goals.- Earns our highest interest rate.- Make withdrawals of up to 10% of your anniversary balance during first 9 years with no WPA penalties.- Make withdrawals after 9 years with no WPA penalties. PEWW “HIGH FIVE” (5 Year Withdrawal Charge)- Designed for those saving for near-term goals.- Earns interest at our second-highest rate.- Make withdrawals of up to 10% of your anniversary balance during first 5 years with no WPA penalties.- Make withdrawals after 5 years with no WPA penalties. PEWW “WO SURRENDER” (Zero Withdrawal Charge)- Designed for those needing a reliable source of income now.- Earns interest at competitive rates with no WPA penalties for early withdrawal. PLEASE NOTE All annuities may be subject to IRS penalties for early withdrawal. A note on Solvency... ...and why it’s important to you. Solvency is the ratio of a company’s assets over its liabilities. It indicates a company’s financial soundness and ability to meet all of its obligations as they become due. The higher a company’s solvency ratio, the more confidence you can have in that company that it can pay all the money due you and your beneficiaries. Average solvency of 25 of the largest life insurance companies....$ 105.46 WILLIAM PENN ASSOCIATION’S solvency.................$116.40.* *Assets for each $100 of liabilities as of Dec. 31, 2007. Source: Standard Analytical Service, Inc., “An Independent Comparative Report for 2008.” Key Advantages of WPA Annuities ^Safety - Your annuity funds are fully protected, as required by law. WPA maintains cash reserves which exceed those required by law. WPA takes pride in its solvency, which can be verified by financial statements filed annually with state insurance departments. ^ Competitive Rates - Current WPA interest rates are guaranteed never to drop below 3.0%. Interest earnings accumulate tax-deferred until withdrawal or surrender, with interest compounded on each anniversary date. WPA may change the rate for interest credits in excess of 3.0%. ' Management-Free - There are no sales or administrative fees; 100% of your premiums begin earning interest immediately upon deposit. ^Lifetime Income - Cash payments can be made in a lump sum or through other settlement options. '^Probate Avoided - Should the annuitant die prior to the contract maturity date, the total cash value is paid directly to the beneficiary. Problems with the expenses and delays of probate are avoided! »' Flexibility! - Premium payments may be discontinued or resumed at any time. Want to know more? Call us TODAY at: 1-800-848-7366 William Penn Life, February 2009 11
