10996 Historic Highway 165 Hollister MO 65672
417-324-7600
Variable annuity
If you want to choose from a broad range of investment options and are willing to accept greater market risk in exchange for a potentially greater rate of return, Modern Woodmen's Variable Annuity may be right for you. It is a flexible, tax-deferred investment vehicle that allows you to actively manage your investments and adapts to your changing needs over time. The value of a variable annuity is determined by the performance of the investment options selected. Performance is not guaranteed.
Advantages include
Multiple investment options.
Tailor your portfolio to your investment goals by selecting from a variety of investment options.
Tax-deferred growth.
Potential earnings grow tax-deferred until you make a withdrawal.
Flexible contributions.
There are minimum amounts required to set up your variable annuity. Then you control the amount and frequency of the premium payments made.
Tax-free exchanges.
You can make a set number of transfers between subaccounts each year without incurring a charge.
Automatic rebalancing.
Each year, the automatic rebalancing feature can reallocate the funds in your contract to the allocation percentages used for new premiums, maintaining your asset allocation strategy.
Withdrawal options.
The variable annuity gives you convenient access to funds when you need them. Ten percent of accumulated value may be withdrawn without a surrender charge each contract year.
Death benefits.
This feature ensures your loved ones receive a death benefit from your annuity. Subject to restrictions. Certain rules apply.
Consider the investment objectives, risks and fees, and the charges and expenses of a variable annuity carefully before investing. An investment in a variable annuity is subject to market risks, including the potential loss of principal. For this and other information about variable annuities, obtain a prospectus and underlying fund prospectus from your Modern Woodmen representative. Read it carefully before you invest or pay money.
Guarantees are backed by the claims-paying ability of Modern Woodmen. This annuity is issued on Form VAMWA 02-02 or a state specific variation where applicable. State variations may apply. This material is for informational purposes only. This material is not intended to provide tax or legal advice. Withdrawals made before age 59½ may result in a tax penalty. Consult your tax or legal advisor before making a decision.