Get the free Flexible Premium Variable Annuity

Flexible Premium Variable Annuity National Security Life and Annuity Company PROSPECTUS May 1, 2016, Variable Annuity Score Extra II 637564873 This page is not part of the prospectus. SEE INSIDE COVER

How to fill out flexible premium variable annuity

How to fill out flexible premium variable annuity:

1. Gather necessary information: Before filling out the application for a flexible premium variable annuity, gather all relevant personal and financial information. This may include your name, address, social security number, date of birth, income details, investment goals, risk tolerance, and beneficiary information.
2. Choose the annuity provider: Research different insurance companies and select a reputable annuity provider. Consider factors such as their financial stability, product offerings, fees, customer service, and track record.
3. Determine investment objectives: Determine your investment objectives and risk tolerance. Variable annuities allow you to invest in different subaccounts, which are generally tied to the market. Decide on the diversification and risk level you are comfortable with.
4. Choose subaccounts: Select the subaccounts within the annuity that align with your investment goals. Each subaccount represents a different investment option, such as stocks, bonds, or a combination of both. Consider the historical performance, expenses, and asset allocation of each subaccount.
5. Decide on premium amount and frequency: Determine how much you want to contribute as premium payments and the frequency of these payments. Flexible premium variable annuities allow you to adjust your contributions according to your financial situation.
6. Review features and optional riders: Understand the various features and optional riders available with the annuity product. These may include death benefits, living benefits, or additional investment options. Assess your needs and determine if any riders are necessary for your financial goals and circumstances.
7. Complete the application: Fill out the application form provided by the annuity provider accurately and thoroughly. Double-check all information before submitting the application. Ensure that you understand all terms and conditions, fees, surrender periods, and other important details mentioned in the application.

Who needs flexible premium variable annuity:

1. Individuals seeking tax-deferred growth: Flexible premium variable annuities offer tax-deferred growth potential. If you have maximized other tax-advantaged retirement accounts like 401(k)s or IRAs and still want to save for retirement, a variable annuity may be beneficial.
2. Those desiring investment choices: Variable annuities provide a range of investment options through subaccounts. If you prefer a customized investment approach and have a higher risk tolerance, a flexible premium variable annuity can give you the freedom to allocate your funds according to your preferences.
3. Individuals with long-term retirement goals: If you have long-term retirement goals and are willing to stay invested in the annuity for a significant period, a flexible premium variable annuity may be suitable. These annuities are typically designed for individuals who want to accumulate wealth over time and have the ability to handle market fluctuations.
4. Investors seeking death and living benefits: Variable annuities often offer death benefits that can provide a guaranteed payout to your beneficiaries upon your death. Additionally, some annuities may provide living benefits like income guarantees or long-term care benefits. If you prioritize the financial protection and stability of your loved ones, a flexible premium variable annuity can be considered.

For pdfFiller’s FAQs

How do I modify my flexible premium variable annuity in Gmail?

flexible premium variable annuity and other documents can be changed, filled out, and signed right in your Gmail inbox. You can use pdfFiller's add-on to do this, as well as other things. When you go to Google Workspace, you can find pdfFiller for Gmail. You should use the time you spend dealing with your documents and eSignatures for more important things, like going to the gym or going to the dentist.

How can I modify flexible premium variable annuity without leaving Google Drive?

You can quickly improve your document management and form preparation by integrating pdfFiller with Google Docs so that you can create, edit and sign documents directly from your Google Drive. The add-on enables you to transform your flexible premium variable annuity into a dynamic fillable form that you can manage and eSign from any internet-connected device.

How can I send flexible premium variable annuity for eSignature?

When you're ready to share your flexible premium variable annuity, you can send it to other people and get the eSigned document back just as quickly. Share your PDF by email, fax, text message, or USPS mail. You can also notarize your PDF on the web. You don't have to leave your account to do this.

What is flexible premium variable annuity?

Flexible premium variable annuity is a type of investment product that allows the policyholder to make flexible contributions and invest in various options such as stocks, bonds, and mutual funds.

Who is required to file flexible premium variable annuity?

Policyholders who hold a flexible premium variable annuity are required to file the necessary documentation for tax purposes.

How to fill out flexible premium variable annuity?

To fill out a flexible premium variable annuity, policyholders need to provide information about their contributions, investment options, and any withdrawals or earnings.

What is the purpose of flexible premium variable annuity?

The purpose of a flexible premium variable annuity is to provide retirement savings and investment options for policyholders.

What information must be reported on flexible premium variable annuity?

Policyholders must report their contributions, earnings, withdrawals, and any changes to their investment options on their flexible premium variable annuity.