Fixed Annuities

A Fixed Annuity may be right for you if you are seeking a long-term investment that can provide guaranteed income payments in the future that cannot be outlived.

Key benefits	Why is this important?
Safety	Fixed Annuities are a safe and guaranteed way to provide retirement income.
Tax deferral	Annuities allow your investment to grow on a tax-deferred basis. Pay no taxes until you withdraw money.
Competitive interest rates	Fixed Annuities offer safe, competitive interest rates so that your money is constantly growing.
No up-front costs	All of the money you deposit into a Fixed Annuity begins earning interest immediately.
Ability to customize	Annuities offer many options for income payouts that allow the product to fit your needs.

How does a Fixed Annuity work?

A Fixed Annuity contract guarantees a minimum rate of interest; however, Kansas City Life Insurance Company can, and often does, credit a rate that is higher than the guarantee.

Many annuities offer the ability to make on-going premium deposits. These payments can be increased, decreased or stopped all together.

Annuity contracts also offer a variety of payout options that can be chosen when you are ready to begin receiving these payments. Moreover, a Fixed Annuity allows you the option to receive a lifetime income stream. Currently, this is the only financial product offered in a retail setting that can guarantee income payments you cannot outlive.

An annuity also offers beneficiary options so you can determine who will receive your funds upon your death.

Kansas City Life Insurance Company also has many policy riders available that would allow you to design a life insurance policy that fits your particular needs and budget. For more information, please contact a licensed Kansas City Life Insurance Company agent near you.

Variable Annuities*

A Variable Annuity may be right for you if you are seeking a long-term investment that can provide guaranteed income payments in the future that cannot be outlived. Variable Annuities allow you to choose from a diverse group of investment options which offer the potential for higher returns.

Key benefits	Why is this important?
Growth potential	Variable Annuities offer higher growth potential than fixed annuities, however these higher returns carry risk.
Tax deferral	Annuities allow your investment to grow on a tax deferred basis. Pay no taxes until you withdraw money.
No up- front costs	All of the money that you deposit into a Variable Annuity goes to work for you immediately.
Ability to customize	Variable Annuities offer many investment options for growth and many choices for income payout.

How does a Variable Annuity work?

A Variable Annuity is a savings vehicle that helps you accumulate assets for your future needs. A Variable Annuity allows you to decide how to invest your money by allowing you to choose from a variety of investments within the annuity contract. Most Variable Annuities also offer a fixed account. The returns that you experience will be based upon the subaccounts you choose within the annuity.

Many annuities offer the ability to make on-going premium deposits. These payments can be increased, decreased or stopped all together.

Variable Annuity contracts also offer a variety of payout options that can be chosen when you are ready to begin receiving these payments. Moreover, a Variable Annuity allows you the option to receive a lifetime income stream. Currently, annuities are the only financial product offered in a retail setting that can guarantee income payments you cannot outlive.

Variable Annuities also offer protection to your heirs in the form of guaranteed minimum death benefits. Most annuities provide at least a return of principal invested, and many provided an enhanced guarantee.

Kansas City Life Insurance Company also has many optional riders to enhance your contract such as a Guaranteed Minimum Withdrawal Benefit.

*Kansas City Life’s Century II Variable Product Series is distributed by Sunset Financial Services Inc., a wholly owned subsidiary of Kansas City Life Insurance Company.

View the Century II Variable Prospectuses

Variable Fund Performance