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National Life Group, through its member company Life Insurance Company of the Southwest, offers SecurePlus Gold for the 401(k) market. SecurePlus Gold is a fixed indexed annuity designed to complement traditional investment choices in a 401(k) plan. SecurePlus Gold may be ideal for employees who want guarantees and are risk averse and/or approaching retirement. SecurePlus Gold does not displace the other traditional investment selections offered in any 401(k) retirement plan.
Now as retirement is on the horizon for millions of baby boomers participating in 401(k) plans, consumers must find ways to direct those funds into more conservative investments that generate income. With SecurePlus Gold we are introducing 401(k) participants to the benefits of a fixed indexed annuity with optional riders that guarantee a lifetime stream of income that cannot be outlived.
With SecurePlus Gold, participants are guaranteed a minimum rate of interest regardless of what happens to the markets or interest rates. Annuities can help consumers reach their retirement goals of income generation, tax reduction and asset protection ---- with one financial solution. And, annuitants will have peace of mind that their premiums paid and interest earned are protected, while they retain total control of their money to cover unexpected expenses and to provide for their beneficiaries.
SecurePlus Gold is Policy Form No. 7938 and 8891(0910) or a state variation thereof. The GLIR Rider is LSW Rider Form 20135, 20136 or state variation thereof.
There is a penalty for early withdrawal from annuities.
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