Mutual of Omaha

    Mutual of Omaha

    When consumers look at their finances and start plotting how they are going to fund their retirements, they want to hear words like reliability and guaranteed income. Now Mutual of Omaha has released a new deferred income annuity product that can provide consumers with the financial security of a reliable, guaranteed income for as long as they live.

    The Deferred Income Protector product, underwritten by United of Omaha, a Mutual of Omaha affiliate, can act as a personal pension plan for those people getting close to retirement. It can also be used as “longevity insurance” for people who want to defer their payouts until much later in life.

    Highlights of the product:

     • Can serve as a pension substitute offering consumers guaranteed income for retirement protection and multiple income options to best suit their needs.

     • Qualified Longevity Annuity Contract (QLAC) friendly for consumers seeking longevity insurance to protect against outliving their retirement assets.

     • Provides consumers increased guaranteed payments, as compared to other deferred or immediate annuities.

     • Minimum initial deposit of $5,000 with minimum additional deposits of $2,000.

     • Issue ages are 40 to 75; includes a variety of payout options.

    Mutual of Omaha is a full-service, multi-line organization providing insurance, banking and financial products for individuals, businesses and groups throughout the United States. For more information, visit www.mutualofomaha.com.

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