Security

THE VANTAGE COLLECTION OF ANNUITY FINANCIAL GROWTH PRODUCTS
This Collection of Deferred Annuity Plans provides you with a varied range of investment options to fit your financial planning requirements.

Qualified Plans:
TRADITIONAL IRA
•	Traditional IRAs (individual retirement accounts) allow individuals to contribute pre-tax dollars to a retirement account where investments grow tax-deferred until withdrawal during retirement.
•	Upon retirement, withdrawals are taxed at the IRA owner's current income tax rate. Capital gains or taxes on dividends are not assessed.
•	Contribution limits exist ($6,000 for 2021 for those under age 50, 7,000 for those 50 and older), and required minimum distributions (RMDs) must begin at age 72.
ROTH IRA
•	A retirement account where taxes are paid on contributions and withdrawals are tax-free.
•	Contributions can continue to be made at any age if the account holder has earned income.
•	The account holder can maintain the Roth IRA indefinitely; there are no required minimum distributions (RMDs) during their lifetime,