[Narrator] Like a lot of people, Hardell is looking forward to retirement.
[On-screen disclosure] Hardell is hypothetical and is not an actual Allianz customer. [End of on-screen disclosure]
But also like a lot of people, Hardell is realizing that retirement isn’t as far away as it once seemed.
To enjoy the retirement he envisions, Hardell knows he will need to emphasize saving over the next 10 years –
– and that he’ll need to reduce the impact of market volatility, too.
After reviewing Hardell’s needs, his financial professional recommends Allianz Accumulation Advantage® Annuity as part of his diversified portfolio.
Allianz Accumulation Advantage® is designed to emphasize accumulation over a period of at least ten years …
… while protecting a portion of Hardell’s retirement savings from market losses.
It also gives him flexible options for accessing the money in his annuity.
Hardell also likes that he can take his annuity’s entire accumulation value as a lump sum after 10 years, if he wants.
Hardell’s financial professional explains that an annuity is simply a contract with an insurance company.
In exchange for Hardell’s purchase payment, an annuity offers several benefits.
[On-screen disclosure] Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. [End of on-screen disclosure]
And Allianz Accumulation Advantage® offers an additional benefit: the potential for fixed or indexed interest.
Hardell is familiar with fixed interest, which is paid at a steady rate.
Indexed interest, on the other hand, is based on changes in an external market index.
Here’s how it works: Allianz tracks Hardell’s chosen index value over a specified period of time.
[On-screen disclosure] Hypothetical example. [End of on-screen disclosure]
And if the index ends at a higher value than where it started, Hardell’s annuity earns interest, up to certain limits. These limits may include caps, spreads, and participation rates.
Allianz Accumulation Advantage® even gives Hardell the option to lock in an index value, either manually or automatically, to help ensure a positive credit.
Hardell is not actually buying stocks or shares in the index, however.
[On-screen disclosure] Although an external index may affect your interest credited, the contract does not directly participate in any equity or fixed income investments.
You are not buying shares in an index. [End of on-screen disclosure]
So, if there is a market downturn, his annuity’s value is never reduced because of market losses.
[On-screen disclosure] Hypothetical example.
The purchase payments and interest are not at risk due to market losses, but fees and charges may reduce the accumulation value. [End of on-screen disclosure]
And if the market goes up again, he doesn’t have to make up any losses before he can start earning indexed interest.
Over time, this can help accelerate Hardell’s accumulation potential. How great is that?
Allianz Accumulation Advantage® also gives Hardell options for accessing his money during and after the 10-year withdrawal charge period.
[On-screen disclosure] Annuities are long-term contracts designed for retirement, so there may be fees or penalties – including withdrawal charges – if you take money out early.
Any distributions are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. [End of on-screen disclosure]
For example: After the first contract year, Hardell can take up to 10% of the money he placed in the annuity as free withdrawals each year – with no withdrawal charges or market value adjustments.
After his fifth contract year, Hardell can choose to receive annuity payments based on his accumulation value.
And after 10 years, if Hardell hasn’t started annuity payments, he can choose to either continue building his retirement savings …
… or withdraw some or all of his money in a lump sum, with no withdrawal charge or market value adjustment.
Is your situation similar to Hardell’s?
If so, Allianz Accumulation Advantage® Annuity may help provide accumulation potential today, and flexibility tomorrow.
Call your financial professional to learn more.
[On-screen disclosure] The purchase of an annuity is an important financial decision.
You should have a full discussion with your financial professional regarding fees, costs and potential benefits before making any decision. [End of on-screen disclosure]
Fixed indexed 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.
Premium payments are accepted through the first contract year.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
Distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.
Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297.www.allianzlife.com
• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF
Product and feature availability may vary by state and broker/dealer.
[End of on-screen disclosures]