Sign In  |  Register  |  About Sunnyvale  |  Contact Us

Sunnyvale, CA
September 01, 2020 10:10am
7-Day Forecast | Traffic
  • Search Hotels in Sunnyvale

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Global Atlantic Featured in Barron’s 100 Best Annuities Guide in Four Categories

Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, announced its inclusion in Barron’s annual guide to the 100 Best Annuities, marking the firm’s third consecutive appearance on this list. Annuities issued by Global Atlantic subsidiary Forethought Life Insurance Company were recognized in the following categories: Deferred-Income Annuities; Fixed-Indexed Annuity Income Guarantees; Registered Index-Linked Annuities (RILA); and Fixed-Indexed Annuities.

“We are honored to be included in Barron’s annual guide to the top annuities for the third straight year. This recognition reflects our commitment to providing innovative and effective retirement solutions that make a difference in people’s lives,” said Rob Arena, Co-President of Global Atlantic. “It is also a testament to our firm’s goal of helping provide growth and income-oriented products for Americans around the country.”

The annuities named provide varying consumer value relative to an individual’s personal goals and demonstrate the firm’s strength in retirement options. They range from providing guaranteed income for life to maximizing an individual’s accumulation potential.

  • ForeCertain Income Annuity
  • ForeIncome II Fixed Index Annuity
  • ForeAccumulation II Advisory Fixed Index Annuity
  • ForeStructured Growth Registered Index-Linked Annuity

“Our diverse products, highlighted by Barron’s this year, show our dedication to meeting different retirement needs -- from helping individuals grow their wealth to providing a reliable lifetime income in retirement,” said Jason Bickler, Global Atlantic’s Chief Distribution Officer.

Annuities Included on Barron’s Annual Guide

ForeCertain Income Annuity provides a predictable, guaranteed income for a period of time or for life with no market risk. The firm’s ForeIncome II Fixed Index Annuity is for clients seeking guaranteed income now-or later- with more protection, steady growth potential, and zero risk from market losses. The ForeAccumulation II Advisory Fixed Index Annuity allows for steady growth potential with zero risk from market losses. Lastly, the ForeStructured Growth Registered Index-Linked Annuity may be for clients to consider who are seeking a product that provides an element of risk protection with greater upside potential than what is currently provided through traditional fixed income options. As it pertains to all of these annuities, each individual’s situation is unique to their goals and circumstances. Individuals are encouraged to work with their financial professional to find solutions that work best for their retirement needs.

Barron’s Methodology: To help frame the various annuity categories, how they work, and the best offers these days, Barron’s tapped Cannex, an independent research firm specializing in retirement products, as well as company data to compile a list of 100 competitive contracts based on common investor objectives and a set of assumptions, such as an investor’s age and investment size. Because many annuities are designed to last for the long term, only contracts from companies with an AM Best financial-strength rating of A- or above were considered. Each investor’s situation is unique to their goals and circumstances. Each purchaser’s best interests should be considered prior to the purchase of any annuity.

About Global Atlantic

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

This material is intended to provide educational information regarding the features and mechanics of the product and is intended for use with the general public. It should not be considered, and does not constitute, personalized investment advice. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It’s not acting in any fiduciary capacity with respect to any contract and/or investment. This press release is not an offer to sell or solicitation of an offer to purchase securities.

This material is authorized for distribution only when accompanied or preceded by a prospectus and an applicable product brochure for the annuities being offered. The prospectus contains features, benefits, risks, fees, and other information regarding the registered index-linked annuity contract, which should be considered carefully before investing. You should read the prospectus carefully before investing money.

Registered Indexed-linked annuity products are complex insurance and investment vehicles. There is risk of loss of principal. Early withdrawals may be subject to withdrawal charges and a market value adjustment. Please refer to the prospectus for other important information including any risks about the product.

Guarantees provided are subject to the financial strength of the issuing insurance company; not guaranteed by any bank or the FDIC.

ForeStructured Growth registered index-linked annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. FA1901SPDAX-01 and FA4131-01 and rider forms FA4132-01, FA4133-01, FA4134-01, ICC14-FL-FIATI, ICC14-FL-FIANC. ForeStructured Growth is underwritten and distributed by Global Atlantic Distributors, LLC.

ForeAccumulation II Advisory fixed index annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. ForeAccumulation is available in most states with Contract ICC-FA1801SPDA-01 and FA1801SPDA-01.

ForeIncome II fixed index annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. ForeIncome is available with Contract FA1801SPDA-01 and ICC17-FA1801SPDA-01 and rider forms FA4101-01, ICC17-FA4101-01, FA4106-01, ICC17-FA4106-01, FA4107-01, ICC17-FA4107-01, FA4109-01, ICC17-FA4109-01, FA4110-01, ICC17-FA4110-01, FA4115-01, ICC17-FA4115-01, FA4116-01, ICC17-FA4116-01, FA4111-01, ICC17-FA4111-01, FA4112-01, ICC17-FA4112-01, FA4102-01 v2, ICC17-FA4102-01, FA4104-01 v2, ICC17-FA4104-01, FL-FIANC-13, ICC14-FLFIANC, FL-FIATI-13 and ICC14-FL-FIATI.

ForeCertain Income Annuity are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana and are available in most states with contract FL-FPA-13, as applicable.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult a tax or legal counsel for advice.

Taxable distributions (including certain deemed distributions) are subject to ordinary income taxes, and if made prior to age 59½, may also be subject to a 10% federal income tax penalty. Distributions received from a non-qualified contract before the Annuity Commencement Date are taxable to the extent of the income on the contract. Payments from IRAs are taxable in accordance with the normal rules surrounding taxation of payments from an IRA. Early surrender charges may also apply. Withdrawals will reduce the death benefit and any optional guaranteed amounts in an amount more than the actual withdrawal.

If you are investing in a registered index-linked annuity through a tax-advantaged retirement plan such as an IRA, you will receive no additional tax advantage from a (RILA). Under these circumstances, you should only consider buying a (RILA) if it makes sense because of the annuity’s other features.

Products, features, and marketing materials are subject to state and firm availability and variations. Read the Contract for complete details.

Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.

((8-24) Red Oak Number: 3788536

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Sunnyvale.com & California Media Partners, LLC. All rights reserved.