Insure Clark County Insurance Agency for Boulder City, Las Vegas, Henderson Nevada - Deferred Annuities

Palladium Century Annuity Series

(Form FPDA04-NQ, FPDA04-PQ, SPDA04-NQ, SPDA04-PQ )

Are you looking for a safe and secure way to create and perserve wealth for a comfortable retirement?

The Palladium Century Annuity Series from American National Insurance Company could be your answer.

Here are just a few of Palladium Century's features

Competitive interest earnings. You can choose from five different plans, each offering a different first-year interest rate. Your annuity will earn interest at a rate that will never fall below the plan's guaranteed interest rate.

Tax advantages. A deferred annuity earns interest on a tax-deferred basis. Tax deferral puts you in control of your tax situation. You select when you want take income and pay taxes. If you so choose, you can reinvest your interest and defer paying taxes on the interest. If you want the income now, you can receive monthly checks that are equal to the accrued interest, or you can receive a fixed amount. You pay taxes only on the amount of income you withdraw. You can take the income now or later — it's your choice.

Liquidity. You never know when you are going ot need some of your money. You will be able to withdraw money from your annuity at any time. Tax deferral puts you in charge of your income and taxes. Withdrawals are subject to applicable surrender charges, market value adjustments, or excess interest deductions, if any during the contract's early years. Withdrawals taken before age 59 1/2 may incur a 10% tax penalty.

Lifetime income. You may someday elect to "annuitize" your contract and begin receiving a guaranteed regular income for as long as you live (or for another predetermined length of time.)

Palladium Century Annuity Series Facts at a Glance

Palladium Century

Maxiumum Issue Age (annuitant and owner) — 90
Minimum Inital Premium — $100
Limit on Renewal Premium — Not to exceed first-year premium each year; no premium after seven years
Guaranteed Minimum Interest Rate — Varies by state
Surrender Charges — Starting with year one: 9%, 8%, 7%, 6%, 5%, 4%, 2%

Palladium Century 1

Maxiumum Issue Age (annuitant and owner) — 90
Minimum Inital Premium — $5,000 NQ, $4000 PQ
(additional premium may be paid in first year)
Guaranteed Minimum Interest Rate — Varies by state
Surrender Charges — Starting with year one: 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%
First-year Interest Rate Enhancement — 1%

Palladium Century 3

Maxiumum Issue Age (annuitant and owner) — 85
Minimum Inital Premium — $5,000 NQ, $4000 PQ
(additional premium may be paid in first year)
Guaranteed Minimum Interest Rate — Varies by state
Surrender Charges — Starting with year one: 11%, 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%
First-year Interest Rate Enhancement — 3%

Palladium Century 5

Maxiumum Issue Age (annuitant and owner) — 80
Minimum Inital Premium — $5,000 NQ, $4000 PQ
(additional premium may be paid in first year)
Guaranteed Minimum Interest Rate — Varies by state
Surrender Charges — Starting with year one: 12%, 12%, 11%, 10%, 9%, 8%, 6%, 4%, 3%, 2%
First-year Interest Rate Enhancement — 5%

Palladium Century 7

Maxiumum Issue Age (annuitant and owner) — 80
Minimum Inital Premium — $5,000 NQ, $4000 PQ
(additional premium may be paid in first year)
Guaranteed Minimum Interest Rate — Varies by state
Surrender Charges — Starting with year one: 12%, 12%, 11%, 11%, 10%, 9%, 8%, 6%, 4%, 2%
First-year Interest Rate Enhancement — 7%

Yours for Life

The Palladium Century Annuity Series offers a variety of options to assist you with life's challenges and unexpected changes.

Systematic withdrawals. Systematic withdrawals are availabe for ither interest-only payments or fixed amount payments, for totals not exceeding 10% of the annuity value as of the beginning of that contract year. Withdrawals of this type will not incur surrender charges, market value adjustment and/or excess interest deduction. The minimum amount that may be withdrawn is $50 for those with direct deposit, or $100 if you elect to receive a check.

Partial surrenders. The miniumum amount for partial surrender is $250. There is no surrender charge if the cumulative partial surrender amount year-to-date is less than 10% of your annuity value as of the beginning of at that contract year. Surrender charges and market value adjustments or excess interest deductions will be applied for partial surrender amounts greater than this value.

Two surrender charge waivers. Confinement and disability waivers may not be available in all states, and restrictions apply. See annuity contract for details.

Death benefit. Upon the death of the owner, the death benefit will be the greater of the annuity value or surrender value.

Information and Tax Notes

Information herein is not intended to be legal or tax advice. You should consult with your own attorney and tax advisor for specific circumstances. Annuities have limitations. For costs and details of the annuity, call your insurrance agent or the company.

Neither American National Insurance Company nor its agents gives legal, tax or accounting advice.