Understanding Lifetime Income: Assets Might Make You Miserable

Tom shares a personal story about his parents, his in-laws and the difference a guaranteed income had on their retirement experience. “I cannot stress enough the difference that a guaranteed income has on the quality of life for a retiree.” – Tom Hegna

What is a Variable Annuity?

Variable annuities are long-term, tax-deferred investments designed for retirement, involve investment risks, and may lose value.  Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 1/2.

Add-on benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity and may be subject to conditions and limitations.

*Guarantees are based upon the claims paying ability of the issuing insurance company.

Tom Hegna was paid to share his opinions and story. His expressed views and opinions should not be construed as recommendation.