Thursday, March 11, 2010

Policy Sales

PREMIER Series Fixed Annuity

Compare Annuities vs. CDs

Premier Series Annuity
Why the Premier Series Annuity?
CD's compared to Annuities
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CD Maturity Alert Service
A FREE service where we'll remind you when your CD is about to mature so you can review your investment opportunities

COMPARISON OF ANNUITIES WITH CERTIFICATES OF DEPOSIT

Increase the yield on your bank deposits by 45%: Those in a 31% tax bracket can increase the growth on their bank deposits by as much as 45% with the ASL PREMIER SERIES tax-deferred annuity. Here’s how:

If your bank account or CD earns $1,000 in annual interest income, you’ll receive a 1099 Form for $1,000 to report on your tax return. This means you’ll owe Uncle Sam $310. That $310 equals 31% of what you earned, but it equals 45% of the amount you get to keep!
By transferring your retirement savings to the ASL PREMIER SERIES tax-deferred annuity, you eliminate the 1099 and get to keep that $310 in interest to compound tax-deferred. It’s like borrowing from Uncle Sam at 0%. A 1099 form is only required when you choose to withdraw funds from your annuity.
Other key differences between Bank CD’s and Annuities are compared in the table below:

Comparison of the ASL PREMIER SERIES Annuity With Certificates of Deposit

	Features	Annuity	CD
1.	Is it free from principal/market risk and price fluctuations?	YES	YES
2.	Is it a "no load" investment where there are not administrative fees charged?	YES	YES
3.	Is there a minimum interest rate guaranteed for the rest of your life?	YES	NO
4.	Are interest earnings tax-deferred?	YES	NO
5.	Are interest earnings reinvested automatically with no current income taxation?	YES	NO
6.	Do you avoid any increase in tax liability on social security income?	YES	NO
7.	Can you add additional funds during the first year? (subject to certain maximums)	YES	NO
8.	Does it provide penalty free withdrawals of up to 10% of the account value per year?	YES	NO
9.	Does it pay the proceeds penalty-free to a designated beneficiary upon the death of the owner?	YES	NO
10.	Does the investment automatically avoid the expense and delay of probate?	YES	NO
11.	Does it offer guaranteed lifetime income with tax deferral advantages?	YES	NO
12.	Is the deposit guaranteed by the FDIC?	NO	YES
13.	May withdrawals be made prior to age 59- 1/2 without being subject to the 10% IRS penalty tax?	NO	YES

Free Maturing CD Notification Service: The best time to shop for the highest annuity rates is 30 days before your bank CD matures. American Savings Life Ins. Co. offers a Free Maturing CD Notification Service to existing CD owners – even if you are not one of our customers! Just complete our simple online form and we will automatically send you an e-mail reminder 30 days before your bank CD matures, providing you with a complete comparison of the then-current annuity interest rates on the ASL PREMIER SERIES Annuity.

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