Variable annuities are commonly used by the investor looking for:
- Strong earnings potential provided by the equity market.
- The flexibility of a portfolio mix that can be changed as needs and circumstances change.
- The benefits of tax deferral.
- A guaranteed death benefit to protect beneficiaries.
- The ability to contribute money to retirement savings periodically or make future contributions at any time.
- The elimination of annual 1099s until earnings are withdrawn.*
- The ability to receive periodic income payments.
* Applicable taxes are due on earnings upon withdrawal. A 10% penalty may be incurred on withdrawals made before the investor reaches age 59½.
Learn about the following:
- Variable investment portfolios.
- Guaranteed death benefits.
- Avoidance of probate.
- Fixed account.
- Automatic additions program.
- Automatic dollar-cost-averaging.
- Liquidity.
- Systematic withdrawal program.
- Income for Life.
Variable annuity choices at Morgan Stanley Smith Barney
Speak with a Morgan Stanley Smith Barney
Financial Advisor about our variable annuity products.
NOTE: Various fees and expenses, including contingent deferred sales charges, mortality and expense risk charges, administrative fees and annual contract fees, are associated with these products. Each product prospectus contains a complete explanation of these charges.
