Variable Annuities  
 
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  • The elimination of annual 1099s until earnings are withdrawn.*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.