Core Income 7® Annuity
Planning for retirement income can be complicated, but the Core Income 7 Annuity can help make it a bit simpler.
Like all fixed index annuities, Core Income 7 Annuity offers you principal protection against market downturns, potential indexed interest, and the potential for tax-deferred growth.
Plus, with a simple design that features one contract value, an easy-to-understand crediting method, and a built-in income rider (at an additional cost), Core Income 7 Annuity also provides:
- five index allocation options,
- an option for potentially increasing lifetime withdrawal percentages, and
- choices for receiving lifetime income withdrawals.
Core Income 7 Annuity may be a good choice if you want a foundation for lifetime retirement income.
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Any distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
• 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
Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55459-0060. (C54370-MVA, R95374-MVA)
In the state of New York, only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance. www.allianzlife.com/new-york
Product and feature availability may vary by state and broker/dealer.