Reaching your long-term financial goals requires taking a proactive approach to saving for your retirement. With Allianz Retirement Pro you have the flexibility to allocate, add, or transfer money between two accounts depending on your investment objective.
The Base Account is more growth-oriented with a wide range of investment options from virtually every asset class.
Annual fee: 0.30%1
The Income Advantage Account, which is geared toward protection, provides lifetime income through withdrawals as well as a death benefit guarantee.
Annual fee: 1.00% Single / 1.15% Joint2
Allianz Retirement Pro has no withdrawal charges, which means you have immediate and continued access to the money in both your Base and Income Advantage Accounts should an unexpected need arise.3
1 Calculated as a percentage of the net asset value of the investment options in the Base Account.
2 Calculated as a percentage of the Benefit Base. The Income Advantage Account fee is subject to change (min: 0.25%/max: 1.75%), but will never increase/decrease by more than 0.25% in any 12-month period.
3 Please keep in mind that any withdrawal or payment from your contract may be subject to ordinary income tax and, if taken before age 59½, a federal 10% tax penalty. Transferring or withdrawing money from your Income Advantage Account will reduce your guaranteed values (including lifetime income) and you will have incurred higher fees on the amount you are transferring or withdrawing without receiving the benefits of the account.
4 Allocation rules and quarterly rebalancing apply.
A lifetime of payments, with the opportunity for increases
Once your initial annual maximum Income Advantage Payment is established, it will never decrease due to negative investment performance or a lower Treasury rate.
Income Advantage Payments have the potential to increase on benefit anniversaries if:
The Income Advantage Account Value increases and exceeds the Benefit Base; or
The Treasury rate increases, and the higher payment percentage multiplied by the Income Advantage Account Value results in a higher payment.
Investing in a variable annuity may be the answer for part of your overall retirement strategy. A variable annuity combines the potential for long-term growth through market participation with tax deferral, death benefits, and living guarantees.
Variable annuities are subject to investment risk, including loss of principal, and contract values fluctuate daily. Investment returns and principal value will fluctuate with market conditions so that units, upon distribution, may be worth more or less than the original cost.
For more complete information about Allianz variable annuities and variable investment options, call your financial professional or Allianz Life Financial Services, LLC at 800.624.0197 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the variable annuity and variable investment options, which you should carefully consider. Please read the prospectuses thoroughly before sending money.
Not FDIC insured. May lose value. No bank or credit union guarantee. Not a deposit. Not insured by any Federal government agency or NCUA/NCUSIF.
Guarantees are backed by the financial strength and claims paying ability of Allianz Life Insurance Company of North America and do not apply to the performance of the variable subaccounts which will fluctuate with market conditions.
Issued by Allianz Life Insurance Company of North America and distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA. 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427.
Product and feature availability may vary by state and broker/dealer.
