Annuities are long-term financial products designed for retirement purposes. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce
benefits available under the contract. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may
apply. Optional income protection features are subject to additional fees, requirements and other limitations. Keep in mind, for retirement plans and accounts (such as IRAs
and 401(k)s), an annuity provides no additional tax-deferred benefit beyond that provided by the retirement plan or account itself. Contract and optional benefit guarantees
are backed by the financial strength of the issuing insurer. The recipient should not construe any of the material contained herein as investment, legal, tax, accounting or
other advice. The recipient should not act on any information in this document without consulting its investment, legal, tax, accounting and other professionals.