Skip to Main Navigation Skip to Main Content

Helping You Fulfill Your Ideal Retirement With Passport Single Premium Deferred Annuity

How do you picture your ideal retirement? Maybe it includes more travel, more time spent with family or more focus on lifelong hobbies. Or, perhaps it's simply a full life, free from health concerns and with enough money to feel secure.

Wherever you're headed in retirement, Passport can help with a single premium annuity that's tailored to your needs. Passport lets you lock in a guaranteed, fixed interest rate for a period of one, two, three, four, five or seven years1. And, your money grows tax-deferred2 until you decide to take withdrawals. The convenience of making one payment, combined with predictable growth — all with Passport.

This product has specific eligibility requirements.

AGES PREMIUMS
18-89, tax qualified (only transfer or rollover money after age 69) & non-tax qualified  $5,000 minimum single premium, non-tax qualified
$2,000 minimum single premium, tax qualified
No subsequent premiums

Key Features of Passport Single Premium Deferred Annuity

Interest rate guarantee periods of one, two, three, four, five or seven years (guarantee periods may vary by state)
Withdraw up to 10% of the contract value each year without incurring a surrender charge³
Receive a 2% interest rate bonus in the first year4
Cancel at any time & receive all contributed funds back (minus any withdrawals)5
Or
Give us a call

Discover Our Other Products

Advantage Fixed Indexed Annuity

The Advantage Single Premium Fixed Indexed Annuity provides an optional Guaranteed Lifetime Withdrawal Benefit (GLWB) with growth potential in four allocation options.
Learn More About Advantage Fixed Indexed Annuities
accountmax market value adjusted fixed annuity

AccountMax Market Value Adjusted Fixed Annuity

Columbus Life’s AccountMax Single Premium Deferred Annuity with a market value adjustment offers growth potential and flexibility in one product. 
Learn More About AccountMax Market Value Adjusted Annuities

LifeSource Plus Single Premium Immediate Annuity

With a LifeSource Plus Single Premium Immediate Annuity, you make a one-time payment into your annuity to receive a guaranteed income stream for life.
Learn More About LifeSource Plus Single Premium Immediate Annuities
IMPORTANT DISCLOSURES

1 Annual renewal rates are paid after the first guarantee period (Minimum rate is 1.00%).
2 Interest earnings grow tax deferred until received. Distributions from non-qualified annuities and IRAs are subject to ordinary income tax. Distributions from a Roth IRA are tax free after age 59½ if the plan has been established for at least five years. Withdrawals prior to age 59½ may incur a 10% IRS penalty tax in both Traditional IRA and Roth IRA plans and in non-qualified annuities.
3 Withdrawals and earnings are subject to ordinary income tax. Withdrawals prior to age 59 1/2 may incur an IRS 10% penalty tax. All withdrawals and payments during a guarantee period except death benefits and required minimum distributions are subject to a market value adjustment. Systematic withdrawals are not available if partial withdrawals have been made in the same contract year. Withdrawals will reduce the contract value. Withdrawals in excess of this amount are subject to surrender charges.  Surrender charges are as follows: Year 1, 7%; Year 2, 7%; Year 3, 7%; Year 4, 6%; Year 5, 5%; Year 6, 4%; Year 7, 3%; Year 8+, 0%. Neither Columbus Life Insurance Company nor its agents, offer tax advice. For specific tax information, consult your attorney or tax advisor.
4 After the first year, you are credited with the initial rate, less the rate enhancement, for the remainder of the guarantee period. 
5 Subject to a surrender charge through the seventh year.

Payment of the benefits of Columbus Life Insurance Company products is the obligation of, and is guaranteed by, Columbus Life. Guarantees are based on the claims-paying ability of Columbus Life. Products are backed by the full financial strength of Columbus Life Insurance Company, Cincinnati, Ohio.

These contracts and benefits may not be available in all states, and benefits may vary by state.

Annuity contracts have terms and limitations for keeping them in force. Please contact a financial representative for complete details.

Columbus Life Insurance Company is a member of Western & Southern Financial Group, Inc. Single Premium Deferred Annuity contract series CL77-I 0407, and Additional Waiver of Surrender Charge Rider (Terminal Illness) series CLR-132 0010, Additional Waiver of Surrender Charge Rider (Long Term Care) CLR-133 0010 issued by Columbus Life Insurance Company.

Ready to Continue?

You have clicked a link to access information on a new website, so you will be leaving westernsouthern.com

Because this new site is independent, Western & Southern Financial Group neither manages nor assumes responsibility for its content. 

Are you ready to move forward?