Slice into a Secure Retirement with Annuities

June 1, 2023

Hey there, it’s your friendly neighbor, KSKJ Life, and today we’re going to talk about annuities – but don’t fall asleep just yet!

An annuity can be like a delicious pizza – you pay for it upfront and then get a slice of the pie later on in regular installments or a lump sum. Think of it as a way to turn your retirement savings into a steady stream of income, like enjoying a slice of pizza whenever you want.

Now, you might be thinking, “But I don’t want plain cheese pizza, I want something with more flavor!”

Well, fear not my friend, because KSKJ Life annuities come in different flavors too. First, you can start with a fixed deferred annuity, which is like a classic margherita pizza – reliable and simple, with a guaranteed fixed interest rate and guaranteed¹ payments. Then come your choices or “toppings”: Are you already in retirement and want to start digging into those slices sooner? Then you can choose a KSKJ Life 3-Year Choice Annuity². Or do you prefer to keep your pizza a little longer in the fridge before grabbing a slice? Good news for you! We also have both 5-year and 7-year options.

Plus, annuities can offer tax-deferred growth, meaning you won’t have to pay taxes on the earnings until you start taking withdrawals. And just like a pizza can come with free garlic knots, KSKJ Life’s fixed deferred annuities come with certain features³ like free withdrawal options, nursing home waivers and they’re also RMD-friendly!

So there you have it, folks. Annuities can be like your favorite pizza, offering a reliable and steady stream of income in retirement. And who knows, maybe the next time you’re biting into a slice, you’ll think about the exciting world of annuities.

1. Guarantees rely on the financial strength and claims-paying ability of KSKJ Life. 2. KSKJ Life’s 3-year Choice Annuity is a single deposit deferred contract with a guaranteed interest rate for three (3) years, after which the current renewal rate will apply. 3. Features for KSKJ Life’s 3-year and 5-year annuity are member benefits that are not guaranteed and can be modified at any time by KSKJ Life Board of Directors.