Core Income 7SM 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, 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 rider (at an additional cost), Core Income 7 Annuity also provides:
- four 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 55469-0060. (C54370, R95374)
In the state of New York, only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance.
Product and feature availability may vary by state and broker/dealer.