Woodmen's Single Premium Deferred Annuity has been a consistent peak performer. This annuity ranked first among 88 insurers in five-year actual surrender value in a study conducted by the A.M. Best Company, a nationally recognized independent analyst of the insurance industry. To find out more about our deferred annuities, contact the home office of Woodmen. It's no surprise that employee pensions and social security alone won't provide the lifestyle most people want when they retire. That's why many have put money into IRAs.
Income taxes become due on traditional IRAs when any portion of the accumulated funds are withdrawn.
Government tax penalties and insurer withdrawal charges may apply for early withdrawals or surrender of the contract. Qualified withdrawals of both principal and earnings from a ROTH IRA are income-tax free. Both the traditional IRA and the ROTH IRA can be funded by Woodmen's IRA annuity. To learn more about our Individual Retirement Annuity, contact the home office of Woodmen. Woodmen Accident and Life Company.