Want us to keep you updated?

Join our Mailing List

E-mail:

 Variable Annuities 

A variable annuity combines the features of both an insurance product and an investment product. Annuities allow customers to achieve tax-deferred wealth accumulation through a variety of variable sub-account options. Due to market conditions, the return on assets in the sub-accounts will fluctuate in value, reflecting the performance of the underlying investment options chosen under the variable annuity. Therefore, they involve investment risk including possible loss of the principal amount invested.

You have the flexibility to transfer among investment choices within the variable annuity tax-free and can use investment strategies such as dollar cost averaging (systematic buying) and automatic rebalancing (keeping allocations constant).

Because an annuity is an insurance contract, proceeds may go directly to a named beneficiary, thereby bypassing the costly probate process.

Learn more about fixed annuities, equity indexed annuities, and immediate annuities.

Contact a Financial Consultant to learn more

Variable annuities are long-term, tax deferred investment vehicles designed for retirement purposes and contain both an investment and insurance component and carry insurance related charges. Withdrawals made prior to age 59 ½ are subject to 10% IRS penalty and surrender charges may apply. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal.

Investors should consider the investment objectives, risks, charges and expenses of the variable annuity contract and sub-accounts carefully before investing. The prospectus contains this and other information about the variable annuity contract and sub-accounts. You can obtain contract and underlying sub-account prospectuses from your financial representative. Read the prospectuses carefully before investing.


Symbol: IBOC Last Trade: 23.50 Change: Change Image Financial Links

  

© 2010 IBC Investment Services. All Rights Reserved

Securities and Insurance products offered through LPL Financial and its affiliates, Member FINRA / SIPC. International Bank of Commerce is not a registered broker dealer and is not affiliated with LPL Financial.

NOT A DEPOSIT | NOT FDIC-INSURED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | NOT GUARANTEED BY BANK | MAY LOSE VALUE

This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. LPL Financial Services’ U.S. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.