TruStage™ Introduces Innovative Annuity Option for Income Security and Growth

TruStage™ Launches a New Registered Index-Linked Annuity

In an impressive move, TruStage™, a renowned leader in insurance and financial services, has recently launched the TruStage™ ZoneChoice Income Annuity. This innovative product aims to offer clients substantial income growth opportunities while ensuring protection. The new annuity is underwritten by MEMBERS Life Insurance Company, emphasizing its reliability and trustworthiness in the financial sector.

TruStage™ continues to enhance its suite of registered index-linked annuities (RILAs), providing customers with pivotal options to secure their financial futures. The ZoneChoice Income Annuity is specifically designed to facilitate two paths for income:
1. IncomeGrowth Protection - Guaranteed high income payments.
2. IncomeGrowth Performance - Aimed at providing potentially higher income over time.

As part of the ZoneChoice product line, this new offering combines both simplicity and versatility, allowing clients to configure their annuity in ways if they desire multiple approaches to earning guaranteed lifetime income. Notably, customers can allocate their investments among various options, including risk control accounts that yield interest based on index performance, or a fixed account that provides a guaranteed interest rate for one full year.

Dave Hanzlik, the Wealth Segment Leader at TruStage™, elaborated on the unique dynamics of the ZoneChoice Income Annuity, stating that it is crafted to help individuals not only grow their guaranteed income but also safeguard their financial wellness even beyond their working years. This is particularly advantageous for those who are contemplating retirement and wish to maintain a stable income stream.

What distinguishes ZoneChoice Income from other annuities in the current market is its dual approach to income growth. Customers can see their account value grow while simultaneously benefiting from increased income rates by opting to defer their income. This flexibility allows for a broader horizon for income growth, empowering individuals to plan effectively, both before and after they start receiving payments from the annuity.

Moreover, the product incorporates a unique opportunity for accelerating guaranteed income creation by using the age of the older spouse in a married couple, under specified conditions. This not only reinforces the product's appeal but also underscores TruStage™’s commitment to accommodating the needs of diverse customer demographics.

It’s worth noting that TruStage™ continues to innovate in its offerings, ensuring that customers can better align their financial strategies with their comfort levels regarding market risks and potential returns on investment. This keen understanding of consumer needs specifies a vision of striking an ideal balance between aggressive market upside potential while mitigating the downside risks associated with long-term investments.

Before making any investment in annuities, clients are strongly advised to conduct thorough due diligence. The importance of understanding various aspects such as investment objectives, associated risks, fees, and potential expenses cannot be overstated. The annuity is sold exclusively through a prospectus, which is crucial for prospective investors to review carefully. Interested individuals can obtain the prospectus by reaching out to their financial advisors or visiting TruStage's official website at TruStage.com.

TruStage™, with its foundational principle of people helping people, remains dedicated to bridging the financial gap for those in need. The company embodies a commitment to providing financial tools that foster confidence and financial literacy across all stages of life. By focusing on ethical practices and striving to create a more equitable financial landscape, TruStage™ demonstrates its steadfast dedication to both its clientele and the communities it serves.

For additional insights regarding the ZoneChoice Income Annuity, and to explore other offerings from TruStage™, please refer to their official channels. With ongoing advancements in financial products, TruStage™ seeks to offer its customers the best in innovation, security, and growth potential.