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Variable annuities

Even with accumulation-focused clients, retirement needs are rarely straightforward. A variable annuity enables you to pair higher growth potential with tax deferral and protection features.

Why offer a variable annuity?

A variable annuity can provide growth potential fueled by market performance and additional benefits like guaranteed lifetime income.
Tax-deferred growth potential fueled by market performance
Increase clients’ potential earning power by keeping money in their account. A tax-deferred solution provides an opportunity for assets to grow without the drag of year-over-year taxation.
Wide array of investment options all in one contract
Give clients access to a variety of asset classes and fund managers. This enables them to create a diversified investment strategy.
Additional protected lifetime income and wealth transfer benefits
Tailor a strategy to guarantee retirement income for life, or optimize a future financial legacy. Some contracts offer additional benefits to help meet a client’s specific needs.
How do variable annuities work?
Variable annuities allocate payments among a choice of investment options or subaccounts. Similar to mutual funds, these subaccounts can invest in a mix of equity, fixed income and other assets for growth. At a future date, clients can elect to receive payments based on the available withdrawal options.
graphic explaining how variable annuities work
Consider a variable annuity for a client who:
  • Is focused on growing their assets tax deferred.
  • Prefers equity investing strategies and is willing to accept more risk to achieve more growth potential.
  • Wants access to benefits that support lifetime income and wealth transfer.
Financial professional shaking hands with clients who just purchased a variable annuity.

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We're here for you
Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
Variable annuities are long-term investments intended for retirement planning and involve market risk and the possible loss of principal. Investments in variable annuities are subject to fees and changes from the insurance company and the investment managers.

Withdrawals reduce the annuity’s remaining death benefit, contract value, cash surrender value and future earnings. Withdrawals may be subject to income tax and, if taken prior to age 59½, an additional 10% IRS tax penalty may apply. More frequent withdrawals may reduce earnings more than annual withdrawals. During the withdrawal charge period, withdrawals in excess of the penalty-free amount may be subject to a withdrawal charge.

Neither Protective nor its representatives offer legal or tax advice. Purchasers should consult their attorney or tax advisor regarding their individual situation.

Investors should carefully consider the investment objectives, risks, charges and expenses of a variable annuity, any optional protected income benefit, and the underlying investment options before investing. This and other information is contained in the prospectuses for a variable annuity and its underlying investment options. Investors should read the prospectuses carefully before investing. Prospectuses may be obtained by contacting Protective at 800‐ 456‐6330.