K of C Retirement Annuities

CHAD LUEKEN AGENCY of Southern Indiana
• 142 W. 3rd Street • Jasper, IN, 47546 • Toll Free: 1 (866) 311-KOFC (5632) •

BrotherKnight.com

Retirement Annuities

You may be dreaming of retirement and enjoying your golden
years financially safe and secure. But have you planned for the
likelihood that you could live well beyond retirement age — and
possibly out live your hard-earned savings?

Knights of Columbus Retirement Annuity products are a stable
and dependable means of providing financial security and
retirement savings. Most importantly, they offer a unique way of
providing income you cannot outlive.

Let your money work for you.

Tax-Deferred Annuities, Individual Retirement Annuities (IRA),
and Registered Retirement Savings Plans (RRSP) are some of the
best savings vehicles available today — they otter competitive
market-based interest rates, guaranteed safety of both deposit and
interest, and significant tax savings as your money grows.

The benefits of tax-differed annuities
Annuities aren’t only for those who have large sums of money to
invest The fact is, annuities provide benefits for all individuals
who want to make a long-term investment.

With an annuity, you invest a sum, and, after a specified time,
the annuity pays you back the principle and interest earned as a
regular income. You can specify your investment and payment
schedule, and earnings are not taxable until payments begin.
And, you can pass on some annuities’ death benefits to your
spouse. (U.S. only)

Single Premium Annuity: You make a single, lump sum
payment that accrues interest until you begin withdrawals.

Flexible Premium Annuity: Premium payments can be
made on a regular basis, or as frequently or infrequently as
desired. You can also choose your payment schedule as
well.

Single Premium Immediate Annuity: Purchased with a
single payment, it begins to pay out immediately.

Whichever annuity you choose, your principal is safe, and a
minimum rate of return is guaranteed.

CHAD LUEKEN AGENCY of Southern Indiana
• 142 W. 3rd Street • Jasper, IN, 47546 • Toll Free: 1 (866) 311-KOFC (5632) •
• Local 812-481-9200 • FAX: 812-481-1500 • Email: chad.lueken@kofc.org

Did YOU know??? The CHAD LUEKEN AGENCY offers YOU over 50 years of professional insurance experience. Did you know??? The Knights of Columbus is one of only five companies that consistently earn the highest ratings for financial strength from A.M. Best and Standard & Poor's, and certified by IMSA for the highest marketplace ethics! Did you know??? Last year the Knights of Columbus paid out $1 Million a day in dividends to policyholders? Did you know that our Founder Father Michael McGivney has an open case for sainthood in Rome and has been declared by the Vatican as "Venerable Servant of God?"

Understanding
Individual Retirement Annuities (IRAs)

IRAs are personal retirement savings
plans that have tax benefits, and long-
term growth potential. IRAs are one of
the best retirement savings vehicles
available. You and your wife, if eligible,
can each invest the amount you want,
when you want, currently up to $4000
annually. And those age 50 or older may
be eligible to make “catch-up”
contributions of an additional $1000.

Traditional Individual Retirement Annuity:
A tax-deferred retirement annuity permits
individuals within prescribed income limits to
set aside up to $4,000 per year, with earnings
tax-deferred until withdrawals begin at age 59-
1/2 or later (U.S. only).

Roth Individual Retirement Annuity: Allows
taxpayers, subject to certain income limits, to
save for retirement while allowing the savings
to grow tax-free. Taxes are paid on
contributions, but withdrawals, subject to
certain rules, are not taxed at all (U.S. only).

Registered Retirement Savings Plan: Knights
and their families in Canada can reap the
benefits of tax-deferred contributions by
opening a Registered Retirement Savings Plan.
An RRSP permits contributions throughout the
tax year, or within 60 days after the end of the
year (Canada only).

Opening annuities and/or tax-advantaged
accounts is a simple process – and an
excellent addition to your investment
portfolio – by offering taxpayers
significant advantages, as well as
additional financial security for
beneficiaries.