Deferred Annuity
With many long-term accumulation products, the interest or dividends are fully taxable in the year they are earned. Individuals who own an American Family Insurance1 Flexible Premium Deferred Annuity, however, can accumulate funds and earn tax-deferred interest for retirement or other long-term goals.
For more information or to purchase a contract, please contact your local American Family Insurance agent.2
Discounts
American Family Insurance offers a variety of ways to save money. See our discounts page for some of the options that may be available to you.
FAQs
- What is a flexible premium deferred annuity?
- A flexible premium deferred annuity is an individual annuity contract issued through a life insurance company and used to accumulate funds for a long-term objective, such as retirement. The interest earned on a flexible premium deferred annuity (FPDA) will accumulate tax-deferred and, generally, is not taxed until withdrawn. Because you are not taxed annually on your interest earnings, you have 100 percent of your money working for you. In addition, your interest compounds year after year, until you withdraw the funds. Whether you participate in a qualified retirement plan or not, the FPDA can help provide funds for your retirement.
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1American Family Life Insurance Company
2American Family Insurance does not provide tax advice.
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