Like all fixed index annuities, Allianz 222® Annuity can help you accumulate for retirement by giving you potential indexed interest, principal protection from market downturns, and a death
benefit for beneficiaries. But Allianz 222 goes even further with:
· A 15% premium bonus credited to the Protected Income Value (PIV) on any premium paid into the annuity in the first contract year1
· A 50% interest bonus, also credited to the PIV, that is added to the credited interest in any year your selected allocations earn interest – not just up to
retirement, but throughout retirement as well1
· Lifetime income withdrawals that can increase based on any interest your selected allocations earn, and the 50% interest bonus2
1 The premium bonus and interest bonus are credited only to the Protected Income Value. To receive the PIV, including the bonus, the contract must
be held for at least 10 contract years, and then lifetime income withdrawals must be taken. Your client will not receive the bonuses if the contract is fully surrendered or if traditional
annuitization payments are taken. If it is partially surrendered the PIV will be reduced proportionally, which could result in a partial loss of bonuses. Income withdrawals are considered partial
withdrawals and are subject to ordinary income tax and, if taken prior to 59½, a 10% federal additional tax. Because this is a bonus annuity, it may include higher surrender charges, longer surrender
charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus feature.
2 Annual maximum withdrawal increases apply to withdrawals take from the Protected Income Value. The Protected Income Value is not available as a
lump sum.
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)
52920-18