Tax-deferred Fixed Annuities

Reduce your taxable income today while saving for tomorrow.

If you are looking to build your long-term savings while lowering your current income taxes, tax-deferred fixed annuities may be a smart investment option for you. Here are just a few of the benefits that tax-deferred annuities offer:

Income for Life.
Reduce your taxable income.
Contact a North Shore Investment Services Professional today!

Who is it for?

Any one looking to build long-term savings while lowering his or her current income taxes.

What's in it for you?

Competitive Yields at a guaranteed¹ minimum rate of return.
100% Guaranteed Principal¹ backed by the claims-paying ability of the issuing insurance Company.
Easy Access - You can withdraw a portion of your investment every year penalty-free. ²
Probate Avoidance - Because you select the beneficiaries for your annuity, proceeds can be passed directly to your heirs.
No Initial Sales Charge or Annual Fee.
Income for Life. ³
Earnings grow tax-deferred until you withdraw them. ⁴
Tax Reduction ⁵ - Annuities may help you reduce taxes on Social Security by reducing your annual taxable income.
You will receive expertise and guidance from a North Shore Investment Professional. Learn more.

What else you should know.

¹ Guarantees are based on the claims paying ability of the issuer.
² You can withdraw a portion of your investment every year penalty-free. However, if you are younger than 59½, there may be a 10% Federal premature distribution penalty tax.
³ If you annuitize, you will receive a regular fixed income from the annuity and can choose to have it paid out over a set time frame or guaranteed for your lifetime.
⁴ Earnings grow tax-deferred until you withdraw them. They are then taxed as ordinary income. While you can withdraw annuities prior to age 59½, there is an additional 10% federal penalty tax imposed. A great benefit of annuities being tax-deferred is triple compounding because your principal, interest and deferred taxes are all compounding.
⁵ For a comprehensive review of your personal situation, always consult with a tax Advisor. Neither PrimeVest, nor any of its representatives may give tax advice.

Please note:

PRIMEVEST Financial Services, Inc. is an independent, registered broker/dealer and registered investment adviser. Member FINRA/SIPC. Securities and insurance products offered by PRIMEVEST:

The product is not a deposit or other obligation of the Bank and is not guaranteed by the Bank.
The product is not insured by FDIC or any agency of the United States or the bank.
There is investment risk associated with the product, including the possible loss of value.

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Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate PrimeVest Advisory Services Agreement and disclosure brochure as provided.

Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

These products are NOT a deposit or other obligation of the bank or its affiliates; are NOT guaranteed by the bank or its affiliates; are NOT insured by the FDIC or any other agency of the United States; may lose value.