State Life Revamping Their Annuity

annuity think tankState Life, a OneAmerica company, announced last week that they are now offering an updated version to one of their already popular annuity products that has long-term care benefits.  The highlight on the Annuity Care II, is that withdraws can be made free from federal income tax for qualifying long-term care expenses.  The Annuity Care II has been redesigned to perform well in low interest rate environments.  Annuities
are great tools and can be a great fit, for the right individual; based on their goals.  It’s always important to remember to consult a retirement specialist to make sure whatever product you’re looking at is a correct fit. 

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Tags: Annuity with long-term care benefit, Annuity with LTC benefit, State Life Revamping Their Annuity, updated annuity from OneAmerica, Updated annuity from State Life

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2 Responses to “State Life Revamping Their Annuity”

  1. Jack Lenenberg April 20, 2013 at 4:51 am #

    Tax free withdrawals for long term care benefits exist on all linked benefit contracts under IRC 7702(b). Annuity Care II is nothing unique or special.
    http://www.longtermcareinsurancepartner.con/

  2. Jack Lenenberg April 20, 2013 at 4:56 am #

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    Jack Lenenberg
    Tax free withdrawals for long term care benefits exist on all linked benefit contracts under IRC 7702(b). Annuity Care II is nothing unique or special.
    http://www.longtermcareinsurancepartner.com/

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