Approved! Fixed Annuities & 501c Owners | Non-Profits / Not For Profits can own Fixed Rate Annuities

Some insurance providers will allow a non-profit to own a Fixed Annuity.

Approved! A non natural owner with an officer of the 501c as the annuitant.

This video will describe how to set up and issue to a non natural person, in this case a 501 non-profit organization.

Advantages for 501c:
- Earn more interest
- Ability to set up automatic systematic distribution
- Low initial premiums ($1,000 - $5,000 to start)
- Ability to add premiums without extending surrender charges
- Contractual minimum guaranteed interest rates (1.00% - 2.00%)

Who else can own a fixed annuity?
- Corporation
- Trusts / Pension Plans
- Local Governments
- Individuals

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CA INSURANCE LICENSE #0B67385
NON RESIDENT LICENSED IN AL, AZ, CO, CT, FL, HI, ID, IL, IA, KS, LA, MD, MI, MO, NV, NJ, OH, OK, OR, PA, TN, TX, UT, VA, WA, WI

IMPORTANT INFORMATION

This material is for informational, educational & entertainment purposes.
It is not a recommendation to buy, sell, hold or rollover any asset.

It does not take into account the specific financial situation, investment objectives, or insurance need of an individual person.

Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty.

Surrender charges may also apply for early or excess withdrawals.

All guarantees are backed by the claims-paying ability of the issuer.

Products are available only in all states where approved.