Annuities

PFA Flexible
Deferred Annuity

Current Crediting Rates:

  • Band 1 – $1,000-$9,999 = 3.25%
  • Band 2 – $10,000-$49,999 = 4.25%
  • Band 3 – $50,000 and above = 4.50%

The PFA Flexible Premium Annuity pays a competitive interest rate, and has a minimum interest rate that is guaranteed as long as your contract stays in force.

  • Minimum deposit to begin is $1,000
  • Issue ages 18-85
  • Interest accumulates on a tax-deferred basis
  • Additional contributions can be made up to $25,000 per year
  • Up to 10% of your account balance may be withdrawn each year with no penalty
  • Avoids probate
  • No administration fees
  • Interest rate is subject to change, but not less than the minimum guaranteed rate
  • Surrender term – 9 years
  • Plans can be used to open a Traditional Qualified-IRA or Roth IRA

PFA Premier
5 Annuity

Current Crediting Rates:

  • Band 1 – $1,000-$9,999 = 3.00%
  • Band 2 – $10,000-$49,999 = 4.00%
  • Band 3 – $50,000 and above = 4.25%

The PFA Premier 5 Annuity pays a competitive interest rate, and has a minimum interest rate that is guaranteed as long as your contract stays in force.

  • Minimum deposit to begin is $10,000
  • Issue ages 0-85
  • Interest accumulates on a tax-deferred basis
  • Additional contributions can be made up to $25,000 per year
  • Up to 10% of your account balance may be withdrawn each year with no penalty
  • Avoids probate
  • No administration fees
  • Interest rate is subject to change, but not less than the minimum guaranteed rate
  • Surrender term – 5 years
  • Plans can be used to open a Traditional Qualified-IRA or Roth IRA

PFA Safeguard
CD Annuity

Plan Options:

  • 3 years – current interest rate of 3.50%
  • 5 years – current interest rate of 3.75%
  • 7 years – current interest rate of 4.00%

The PFA Safeguard CD Annuity offers a guaranteed fixed interest rate for a chosen period of 3, 5 or 7 years. That means the interest rate will not change during that time.

  • Minimum deposit is $10,000
  • Issue ages 0-90
  • No additional contributions are allowed during the accumulation period
  • No administration fees
  • Withdrawal of funds prior to maturity is subject to surrender charges

PFA Starter
Annuity

Current Crediting Rate: 1.50%

The PFA Starter Annuity pays a competitive interest rate, and has a minimum interest rate that is guaranteed as long as your contract stays in force.

  • Minimum deposit to begin is $500
  • Issue ages 18-90
  • Interest accumulates on a tax-deferred basis
  • Additional contributions can be made up to $25,000 per year
  • Up to 10% of your account balance may be withdrawn each year with no penalty
  • Avoids probate
  • No administration fees
  • Interest rate is subject to change, but not less than the minimum guaranteed rate
  • Surrender term – 9 years

Individual Retirement
Account

Annuities can be set up as Individual Retirement Accounts.

IRA – Contributions to an IRA are set aside on a pre-tax basis. The interest in your account grows tax-deferred, which means you only pay taxes when funds are withdrawn. In addition, deposits to an IRA may be tax-deductible depending on your circumstances. When you reach 59 ½ years of age, you can access your money without any IRS penalties.

Roth IRA – Contributions to a Roth IRA are made in after-tax dollars, which means you pay taxes up front. You can withdraw your contributions at any time, for any reason, without tax or penalty. Earnings in your account grow tax-free, and there are no taxes on qualified distributions.

We strongly suggest you seek the advice of a tax specialist before making a decision about an IRA, Roth IRA or regular annuity account.

Information regarding PFA Annuities

For more, please contact John Denning at 800-535-2071 or
by email at jdenning@polishfalcons.org.