Discover Non-Qualified Non-Structured Annuities

Stable, Flexible, & Above All, Safe

A well-rounded investment portfolio should contain a percentage of assets that are stable, flexible, and above all, safe. That’s where non-qualified annuities can play an important role. These annuities are similar to non-qualified structured annuities and offer some of the same benefits.

Products are designed for individuals and businesses to help with financial planning and investment goals. The specific features and benefits vary depending on the product and annuity provider.

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Benefits of Non-Qualified Non-Structured Annuities:Tax-Deferred Growth: Earnings accrue within the annuity tax deferred until withdrawn, potentially allowing your investments to grow more rapidly and lowering your tax rate.

Flexible Contributions: Non-qualified structured annuities require no annual contribution limits associated with qualified retirement accounts such as IRAs and 401(k)s.  This provides more flexibility for individuals and businesses to save and invest.

Safety: You won’t lose the money you contribute to your annuity regardless of market conditions as long as you follow withdrawal guidelines.

Lifetime Income: Many non-qualified annuities offer guaranteed lifetime income options, helping with retirement income planning.

Estate Planning: Non-qualified product assets can be passed to heirs while potentially offering tax benefits and control over how those assets are distributed.

Investment Diversification: Non-qualified annuity products allow you to diversify your portfolio based on your risk tolerance level and financial goals.

Liquidity: Non-qualified products generally offer more liquidity and flexibility to access funds than retirement accounts.

Withdrawal Options: Annuity products can provide various withdrawal options, including lump-sum or systematic withdrawals.

Customization: Annuity providers offer a variety of product options enabling you to choose the one that aligns best with your financial situation and objectives.

Frequently Asked Questions About Non-Qualified Non-Structured Annuities
These FAQs answer basic questions about non-qualified non-structured annuities.If you want to learn more or discuss your specific needs, please contact Patrick McNulty or fill out the form below.

What is a non-qualified annuity?

A non-qualified annuity is a financial product that is purchased from a life insurance company with after-tax dollars, often from personal savings or non-retirement funds. It is not associated with retirement accounts such as IRAs or 401(k)s.

How do non-qualified annuities work?

You give a lump sum of money to an insurance company. You then receive regular payments over a set period or for the rest of your life. You decide how to receive the payments.

What are the tax ramifications of non-qualified annuities?

The earnings within a non-qualified annuity accrue tax-deferred. You don't pay taxes on earnings until the money is withdrawn. When you receive payments, a portion is considered a return on your original investment (non-taxable), and the rest is taxed as income.

Can I make withdrawals from a non-qualified annuity before retirement age without penalties?

Yes, you can typically make withdrawals from a non-qualified annuity without early withdrawal penalties. However, the earnings portion may be subject to income tax, and if you're under 59½, a 10% early withdrawal penalty may apply.

Are there annual contribution limits for non-qualified annuities?

Unlike retirement accounts, non-qualified annuities do not have annual contribution limits. You can invest as much as you want, but there may be a minimum initial investment required by the insurance company.

Can I name beneficiaries for a non-qualified annuity?

Yes, you can name beneficiaries for your non-qualified annuity. Upon your death, the remaining value of the annuity can be passed on to your beneficiaries without going through probate.

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We work with Mass Mutual, Pacific Life and Lincoln Financial, all A+-rated annuity providers.

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Patrick C. Farber
895 Dove Street
Suite 300
Newport Beach, Ca 92660
Map Link: Get Directions

Toll Free: 800.734.3910
Tel: 949.833.3910
Fax: 949.833.3687
Mobile: 949.355.4726
Contact: Email Patrick Farber

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Patrick McNulty
895 Dove Street
Suite 300
Newport Beach, Ca 92660
Map Link: Get Directions

Toll Free: 800-734-3910
Tel: 949-833-3910
Fax: 949-833-3687
Contact: Email Patrick

Contact Us For More Information
If you have any annuity questions don’t hesitate to contact myself or Patrick McNulty via phone or the contact form below.

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