20% Bonus on any premium paid into the annuity in the first contract year. Plus an interest bonus credited to the PIV that is equal to 50% of the interest rate credited - not only during the accumulation phase, but throughout the income withdrawal phase as well.
Important features of Allianz 222 Annuity, such as lifetime withdrawals that have the opportunity to increase, competitive initial payout rates, principal protection from market downturns, indexed interest potential, and a death benefit for beneficiaries during the accumulation phase.
Any distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.
Guarantees are backed by the financial strength and claims-paying ability of the issuing company.
Products are issued by Allianz Life Insurance Company of North America, (C54370-MVA)
5 Branch Offices:
San Fran: 1550 Noriega St Suite 100, SF, CA 94122
San Jose: 4320 Stevens Creek Blvd, Suite 191
42808 Christy St, Suite 112
(Tues & Thurs)
Oakland: 638 Webster St Suite 420 (Mon & Wed)
Sacramento: 6540 Stockton
(by apptmt only)
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