- 3.0% Current Interest Rate
- $25.00 Minimum Initial Premium
- Tax-deferred growth!
- No administrative fees! No withdrawal charges!
- 1.50% Minimum Guaranteed Interest Rate for life of contract
- Can be setup as a Traditional or Roth IRA
*This example for marketing purposes only. Please refer to contract for terms & conditions.
This deferred annuity is a contract between you and Interstate Life Insurance Company (Mutual). It is designed to provide income for your retirement. You make an up-front purchase (with either a single payment or multiple payments) and the value of your account increases over time with interest on a tax deferred basis. The contract also provides the option of receiving guaranteed income for life. Withdrawals are on a first-in first-out tax basis.
The Future Builder is a contract between you and Interstate Life Insurance Company (Mutual). Under current tax laws, earnings are not taxable until withdrawn. Earnings withdrawn before age 59 1/2 may be subject to income tax and a 10% IRS penalty. Refer to the annuity contract for complete terms and conditions. Review your personal tax situation and your use of The Future Builder with your attorney or tax advisor.
All guarantees are based solely on the claims-paying ability and financial strength of the issuer.