The information above is intended for use by the general public and is not individualized to address any specific objective. It is not intended as investment, tax or financial advice. Your use of this information is at your sole risk. Please consult with a financial advisor and tax professional before taking any specific action.
Annuities are long-term contracts. Annuities held within qualified plans do not provide any additional tax benefit. With certain exceptions, surrender charges apply to withdrawals taken during the initial guarantee period and a market value adjustment, which may increase or decrease the amount received upon withdrawal, may also apply at any time.
All or a portion of amounts withdrawn are subject to ordinary income tax, and if taken prior to age 59 1⁄2, a 10% IRS penalty may also apply. Nassau does not provide tax, financial or investment advice, or act as a fiduciary in the sale or service of the product. Consult a tax advisor or financial representative about your specific circumstances.
Product features, options and availability may vary by state. Guarantees are based on the claims-paying ability of the issuing company.
Nassau Single Premium Deferred Fixed Annuities (ICC18IFDAP, 18IFDAP) are issued by Nassau Life and Annuity Company (Hartford, CT). In New York, annuities (Form 17IMGA) are issued by Nassau Life Insurance Company (East Greenbush, NY). Nassau Life and Annuity Company is not authorized to conduct business in MA, ME and NY, but that is subject to change. Nassau Life and Annuity Company and Nassau Life Insurance Company are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations.
IOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license.
Insurance Products: NOT FDIC or NCUAA Insured, NO Bank or Credit Union Guarantee