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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,
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