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Banking on the market to grow your funds for the future can be risky. But what if you could lock in your gains and never lose money?1
Indexed annuities are often considered the ‘best of both worlds’ because they allow you to take advantage of potential gains in the market while protecting you from loss with a guaranteed² minimum interest rate.
Our indexed annuities allow you to:
We offer two indexed annuities:
AccumuLock allows flexible premiums4 following your initial $5,000 minimum premium payment. You can give yourself a paycheck for life when you activate the Simple Multiplier Rider¹.
The Agility6 Indexed Annuity is a single premium annuity featuring a minimum $5,000 premium deposit. It includes a short 6-year surrender charge period with a bailout withdrawal privilege.
Indexed annuities can be a great addition to your retirement income strategy. Connect with a Farm Bureau agent to see how he or she can help you reach your financial goals.
¹ Surrender of the contract may be subject to surrender charges. Withdrawals before age 59 ½ may result in a 10% IRS penalty tax. Additionally, there is a charge for the Simple Multiplier Rider once it is activated. Certain requirements apply to activate the rider.
² The guarantees expressed on this web page are based on the claims-paying ability of Farm Bureau Life Insurance Company. Not FDIC insured, not bank guaranteed, may lose value, not a deposit, not insured by any federal or state government agency.
³ If AccumuLock Indexed Annuity is funded by a qualified plan, please note qualified plans already offer tax-deferred accumulation.
Also, surrender charges may apply if funds are withdrawn before the annuity’s surrender charge period expires. IRS penalty if withdrawn before age 59½. Neither the Company nor its agents give tax, accounting or legal advice. Consult your professional advisers in these areas.
4 Following your initial $5,000 minimum premium payment, you can make premium deposits any time.
To be used with 434-810 series and 434-310 series. W050 (08-20)