Customers may withdraw interest earned in the annuity at any time. The product is also available on a qualified traditional IRA and Roth IRA basis. The principal guarantee is based on the claims paying ability of Aetna Life Insurance and Annuity Company. For prospectuses containing more complete information regarding registered products, including charges and expenses, click here . Read them carefully before you invest or send money.
Variable annuities are long-term investments designed for retirement purposes.
Money distributed from the annuity will be taxed as ordinary income in the year the money is received. If you are considering an annuity for an IRA, you should know that an annuity does not provide any deferral of taxation on earnings beyond what the tax laws provide to IRA's generally. However, the other features of these annuities may be valuable to you. You should discuss your alternatives with your financial representative.