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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

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 Earnings and pre-tax payments are subject to income tax at withdrawal. Withdrawals may be subject to charges. Withdrawals from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. Systematic withdrawals are not available if partial withdrawals have been made in the same contract year. Withdrawals will reduce the contract value. Excess withdrawals in a policy year will be charged the applicable surrender charge. 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%. Free withdrawals not taken in a year cannot be carried over to future years.
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 benefits under the annuity contract is the obligation of, and is guaranteed by Columbus Life Insurance Company. Guarantees are based on the claims-paying ability of Columbus Life Insurance Company. Products are backed by the full financial strength of Columbus Life Insurance Company. See your financial professional for product specifications.

Neither Columbus Life, nor its agents, offer tax advice. For specific tax information, a tax attorney or advisor should be consulted. The information provided is for educational purposes only.

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.

Single Premium Deferred Fixed Annuity Contract Series CL 77-I 0407, Additional Waiver of Surrender Charge Rider Series (Terminal Illness) CLR-132 0010, Additional Waiver of Surrender Charge Rider Series (Long Term Care) CLR-133 0010 issued by Columbus Life Insurance Company. Product and rider provisions, availability, definitions, and benefits may vary by state.