AEL has consistently earned high marks from rating services. Contact a representative for more information.
Most annuities have a tax-deferred feature.
So do many retirement plans under the Internal Revenue Code. As a result, when you use an annuity to fund a retirement plan that is tax-deferred, your annuity will not provide any necessary or additional tax deferral for the retirement plan. But annuities do have features other than tax deferral that may help you reach your retirement goals. You should consult your tax advisor prior to making a purchase for an explanation of the tax implications to you. Upon withdrawal, the amount available to you may be worth more or less than the original amount you invested.