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The Horizon Series of Fixed Annuities. |
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Lafayette
Lifes portfolio of traditional fixed-interest annuity
products are designed to provide a flexible and easy method of
accumulating funds to meet your long-term needs, and to offer
several distribution options for you to consider. Interest is
credited on a regular basis and funds may be available at any
time, subject to possible withdrawal charges, income taxes and
penalties.
Horizon IA - This custom-designed annuity
is designed specifically to provide an income stream in a manner
you select. We will pay you an income based on a term of years,
or based on your life expectancy. Life expectancy payments
guarantee you an income you cannot outlive.
Horizon
G - This is a group annuity designed for pension plans.
**Under current tax law interest
accumulations over the period of the annuity contract are tax
deferred until withdrawn. This means that the annuity is free
from federal income tax during the accumulation phase.
Withdrawals from an annuity are subject to income tax and, prior
to age 59½, may be subject to a penalty tax. Please consult
your tax advisor regarding your specific tax situation.
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© 1996 - 2009 The Lafayette Life Insurance Company, All Rights Reserved.
Page Last Updated: Wednesday, January 06 2010
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