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Our Select Guarantee Annuity Delivers Convenience You Need in Retirement

You've worked so hard over the years with an eye toward preparing for a comfortable retirement. It's important to consider the best ways to help protect your assets while giving yourself the most financial freedom. Select Guarantee Annuity is a single premium deferred annuity that lets you choose the length of the interest guarantee period. This annuity offers tax-deferred growth of money, guaranteed return of premium, competitive interest rates with a first-year enhancement, and a choice of a guaranteed interest rate period.

Benefits of Select Guarantee Annuity

Select Guarantee Annuity is a practical retirement solution that lets you accumulate wealth while at the same time enjoying a flexible, interest-bearing contract that yields a guaranteed income that cannot be outlived, during the income period selected. Some benefits include:

  • Your money grows, tax-deferred.
  • You choose an interest rate that is guaranteed for the period selected. Options are for one, two, three, four, five or seven years. At the end of the guarantee period, the annuity will be credited with a then-current rate of interest, subject to a guaranteed minimum rate set at issue.
  • A first year interest rate enhancement helps you reach your financial goals more quickly.
  • You pay no tax on earned interest until you withdraw money - this often occurs after you've retired and your tax bracket may be lower.
  • Start a contract for as little as $5,000.
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Could This Single Premium Deferred Annuity Be Right for You?

This retirement savings vehicle is for people who want to attempt to balance flexibility with a guaranteed source of retirement income. A Select Guarantee Annuity may be a fit for a variety of financial needs:

  • You do not like to take risks with your retirement savings. You seek a tax-deferred, flexible, interest bearing contract that yields guaranteed income that can continue for the remainder of your life.
  • You want a retirement savings vehicle that allows you to withdraw up to 10 percent of the annuity fund each year without surrender charges.

Details About This Fixed Annuity

With Select Guarantee Annuity, money is compounded three ways: the premium earns interest, the interest earns interest and the money that would have been paid in taxes remains in the annuity and earns interest. Your contract may be canceled at any time.

We guarantee the cash surrender value will be at least 100 percent of the premium paid, less any withdrawals taken. Surrender charges are assessed on funds withdrawn in excess of the 10 percent free amount described below. The surrender charge period is seven years. The surrender charge ranges from seven percent in year one to three percent in year seven. There is no surrender charge following the seventh year.

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Consider Select Guarantee

Learn about our single premium deferred annuity, and determine if it's the best choice for your needs.


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Get the facts about retirement, and learn how we can help make sure that you're prepared.


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Facts on Saving for Retirement

We can help you prepare for retirement.

45% of Americans have saved nothing for retirement. (The Motley Fool, 20 Retirement Stats That Will Blow You Away, Jan. 26, 2016.)

 56% of Americans have less than $10,000 saved for retirement. (GoBankingRates, March 2016,

Overall, Americans are losing an estimated $24 billion every year in matching employer 401(k) contributions. (CheatSheet, 10 Retirement Statistics That Will Scare the Crap Out of You, Dec. 25, 2016.)

55% of retirees stopped working earlier than expected. Health was the number one reason, followed by job loss. (CheatSheet, 10 Retirement Statistics That Will Scare the Crap Out of You, Dec. 25, 2016.)

36% of American adults over 65 are completely dependent on Social Security. (The Motley Fool, 20 Retirement Stats That Will Blow You Away, Jan. 26, 2016.)

The average out of pocket medical costs for a 65-year-old couple will be $218,000 over the next 20 years. (The Motley Fool, 20 Retirement Stats That Will Blow You Away, Jan. 26, 2016.)

1 year in a skilled nursing facility can cost more than $200,000. (The Motley Fool, 20 Retirement Stats That Will Blow You Away, Jan. 26, 2016.)

Many adults don’t save for retirement because they say saving for retirement is like saving for a stranger. (MarketWatch, “This is why most people don’t save for retirement,” Oct. 22, 2016)

Other reasons include

  • I don’t make enough money
  • My employer doesn’t offer a  401(k)
  • My employer doesn’t offer a 401(k) match so it’s not worth it
  • I don’t know how
  • Retirement is decades away
  • I’m saving for a house, car, or vacation

(The (Mostly) Simple Life: Practical Ways to Simplify Your Home, Life & Finances, Nov. 4, 2016,


But being unprepared can drastically impact an individual’s retirement in many ways.

Even a small amount put aside each week can help build retirement savings.

We can help you prepare for retirement. Start Now.

Western & Southern Financial Group

Western & Southern Life does not provide tax or legal advice. Please contact your tax or legal advisor regarding your situation. The information provided is for educational purposes only.

©The Western and Southern Life Insurance Company, Cincinnati, Ohio, operates in DC and all states except AK, CT, ME, MA, NH, NY and VT. Western-Southern Life Assurance Company, Cincinnati, Ohio, operates in DC and all states except AK, ME, NH, NY and RI.

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Single Premium Deferred Annuity Contract Series 0407-5008-I WSA issued by Western-Southern Life Assurance Company, Cincinnati, Ohio, which operates in DC and all states except AK, NH, NY and RI.

Product and feature availability, as well as benefit provisions, vary by state.

Payment of benefits under the annuity contract is the obligation of, and is guaranteed by, the issuing company. Guarantees are based on the claims-paying ability of the issuer. Products are backed by the full financial strength of the issuing company.

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.

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

Annuity products are not bank products, are not a deposit, are not insured by the FDIC, nor any other federal entity, have no bank guarantee, and may lose value.

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