Nassau Simple Annuity

Put your retirement savings to work for your future.

Product Overview

Nassau Simple Annuity

Product Overview

Snapshot

Portfolio Position

Nassau Simple Annuity, is a single-premium, multi-year guaranteed annuity that offers your clients protection from market volatility, a choice of 4 or 6 year guaranteed periods, and 5% annual free withdrawals.

Consumer Description

This product may be appropriate for individuals who:

  • Seek to accumulate money for retirement1
  • Have a conservative risk tolerance and want to grow an inheritance or other lump sum
  • Want to secure a fixed annuity payment but not immediate income

Marketing Materials

Consumer Brochure

Nassau Personal Income Annuity Brochure Cover

View

Product Summary

Nassau Personal Income Annuity Brochure Cover

View

Sales Support

Digital Sales Program

Sales Tools

Required Training

Product Specifications

Rates for new contracts effective: September 2022

5% Free Withdrawal Amount.

 

Core Product

  Min Max
Issue Ages 0 85
Premium $5K $1M
Free Withdrawal2 5%
MVA Yes

Product Versions and Rates

Available in all States Except For: CA, MA, ME, and NY

Surrender Charge Schedule

Contract Details

Sample Contract

Simple Annuity Sample Contract -
(ICC18FADTCP)

Nassau Rider Disclosure Sample

View

Product Disclosure

Simple Annuity
Disclosure Document (Most States)

Nassau Rider Disclosure Sample

View

Nassau simple annuity app mobile and tablet view

Revolutionize Your Business With A Fully Digital Experience For You And Your Client

Nassau Simple Annuity is available via our mobile website for clients. You can create a custom link and code to share with your clients. They complete the application on their own in about 10 minutes from any device and you decide whether you complete the application in your eApp account or if you want your Nassau Digital sales team partners to manage it on your behalf. Either way, you receive the same commission and your client enjoys an easy, digital process.

Two Ways to Submit:

Marketing Materials

Note: not approved for use in NY.

Website Banners

Simple Annuity Website Banners

For use on home or landing pages with a link to your distinct
Nassau Digital Code.

4YR   |   6YR


Digital Ads

Advertise or post on Facebook, Google or
other social platforms.

4YR   |   6YR



Newspapers Ads

Nassau Simple Annuity Newspapers Ads

Insert your information and use in print.

4YR   |   6YR


Email Templates

Nassau Simple Annuity Email Templates

Contact one client or use for mass email campaigns.

Download

Materials not approved for use in CA, MA, ME, or NY.


Want to Learn More?


Notes

1. Withdrawals made during the life of the contract will reduce the amount payable upon annuitization.

2. 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. We do 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.

An annuity contract issued as part of a qualified retirement plan or IRA does not receive any tax benefits in addition to those provided under such qualified retirement plan or IRA without an annuity contract.


Important Disclosures

Nassau reserves the right to revise declared rates at any time.

FOR PRODUCER USE ONLY. NOT FOR USE WITH THE GENERAL PUBLIC AS SALES LITERATURE.

An investment in the contract is subject to possible loss of principal and earnings, since a surrender charge and market value adjustment may apply to withdrawals or upon surrender of the contract.

Nassau Simple Annuity (18FADTCP and ICC18FADTCP) is issued by Nassau Life and Annuity Company (Hartford, CT). 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 is a subsidiary of Nassau Financial Group. Guarantees are based on the claims paying ability of the issuing company.

Product features, options and availability may vary by state.

Annuities are long-term products. 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. We do 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.

This is a brief description of Nassau Simple Annuity, a modified single premium deferred annuity. This summary is for informational purposes only. Please refer to product materials for any other specific information including limitations, exclusions and charges.

Nassau Simple Annuity is an insurance contract, not an investment; it doesn’t provide ownership of any stocks, bonds, index funds, or any other securities.

Insurance Products: Not FDIC or NCUAA Insured, No Bank or Credit Union Guarantee.

BPD: 40774