Structured CD | Indexed Annuity | Indexed Life Insurance | |
Issued by | Bank | Insurance Co. | Insurance Co. |
Principal Guaranteed | ![]() | ![]() | ![]() |
FDIC Insured | ![]() | No | No |
Protection from Market Loss | ![]() | ![]() | ![]() |
Time Horizon | Short-Intermediate | Long term | Lifetime |
Financial Purpose | Accumulation | Retirement | Wealth Transfer |
Retirement Income Guarantees | No | ![]() | ![]() |
Tax Free Accumulations | No | ![]() | ![]() |
Historical Yield Higher than the following: | Bank CDs – Tbills | Commercial Bonds | Commercial Bonds |
High Risk Adjusted Return | ![]() | ![]() | ![]() |
Tax Favored Distributions | No | ![]() | ![]() |
Account Balloons at Death | No | No | ![]() |
Tax on Death Transfer | No | ![]() | No |
Optional Long Term Care Protection | No | ![]() | ![]() |
Product Availability on: | Trading Date | Anytime | Anytime |
Requirements | None | Suitability Forms | Medical Underwriting |
Minimum | $25,000 | $10,000 | $100 per Month |
Flexible Deposits | Single Pay Only | Yes | Yes |
Survivor Benefits | Limited | Flexible | Endowment |
Triggers Social Security Tax | Yes | Partial | No |