Oxford Royal Select Fixed Index Annuity

$10,000.00

The Oxford Life Royal Select Fixed Indexed Annuity is a 10-year retirement savings plan that offers you the opportunity to benefit from the increase of the S&P 500 without the downside risk. Royal Select also offers a premium bonus and an optional lifetime income rider to generate a retirement paycheck for you for the rest of your life.

The Oxford Life Royal Select Fixed Indexed Annuity offers you the opportunity to benefit from the increase of the stock market without the downside risk of owning stocks.

Benefits and Features

Protected Principal – Guaranteed

  • It makes sense to have a guaranteed protected principal while being able to participate in the upside potential of the stock market returns for a portion of your retirement savings.
  • The Oxford Life Royal Select Fixed Indexed Annuity is a single-premium, tax-deferred annuity with guaranteed principal protection.
  • The Oxford Life Royal Select Fixed Indexed Annuity offers you the opportunity to benefit from the increase of the stock market without the downside risk of owning stock.

Tax-Deferral

Tax-deferred growth allows your money to grow faster because you earn interest on dollars that would otherwise be paid in taxes. Your premium earns interest, the interest compounds within the policy, and the money you would have paid in taxes earn interest.

Company Financial Strength

All of Oxford Life Insurance Company’s tax-deferred annuities are backed by the financial strength of the Company’s investment portfolio, which emphasizes high-quality bonds that provide liquidity and competitive interest rates.

Death Benefit

Oxford Life Insurance Company will payout, as the Death Benefit, the Account Value to your beneficiary upon the death of the owner or if non-natural owner, the annuitant. Your beneficiary may choose to receive the payouts in either a lump sum or a series of income payments.

Oxford Life Insurance is another option if you’re wanting to leave a death benefit to your beneficiaries, tax-free.

 

Lifetime Income

The Optional Guaranteed Lifetime Withdrawal Benefit (GLWB) was designed for people age 50 and above who are interested in guaranteed income during their retirement. GLWB is an optional benefit you can add to your policy.

Designed to generate a higher level of guaranteed lifetime income, the GLWB allows you to control when you receive income payments. Since this benefit works in concert with your annuity, together the two can provide you ways to enhance your long-term income.

In exchange for an annual cost, this benefit offers you the ability to achieve a guaranteed lifetime income stream. If purchased, your premium will begin to accumulate as an Income Account Value. Upon utilizing the GLWB, an amount determined by your age and Income Account Value will be available for GLWB. This income is available to you without a surrender charge, Market Value Adjustment or electing an annuity payout option.

Guaranteed Lifetime Withdrawal Benefit Payments

You choose how frequently you receive your GLWB payments:

  • monthly
  • quarterly
  • semi-annually
  • annually

When you first elect GLWB payments, your annual payments will be based on your current Income Account Value multiplied by a percentage based on your age.

May Avoid Probate

By naming a beneficiary, you may minimize the delays, expense, and publicity often associated with probate. Please consult with and rely on your own legal or tax advisor.

Premium Bonus

The Oxford Life Royal Select Fixed Indexed Annuity includes a premium bonus on your single premium. We add this bonus to the Account Value on the date we receive the premium.

 

Minimum Premium

Maximum Premium

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Lifetime Income

Retire in 7 Years, Retire in 8 Years, Retire in 9 Years, Retire in 10 Years

Taxes

Non-Qualified Annuity

Non-qualified funds are cash, checking, savings, life insurance cash value, etc. Only the interest you’ve earned will be taxed as ordinary income as you withdraw money.

Qualified Annuity

Qualified funds are 401k, IRA, SEP, 403b, TSA, etc. Both principal and interest will be taxed as ordinary income as you withdraw money.

Roth IRA Annuity

Withdrawals from Roth IRA annuities are tax-free as long as the IRS requirements are met.

Early-Withdrawals

If you withdraw money from your annuity before you turn age 59.5, you will receive a penalty of 10% plus ordinary income taxes from the IRS.

 

For more information:  How Are Annuities Taxed?

Premium Bonus

This annuity offers up to a 8% premium bonus.

 

Disclaimer*Premium Bonuses may vary by state.  For the most accurate information, please request info in the Request Quote form.

About Oxford Life

Oxford Life Insurance Company
2721 North Central Avenue
Phoenix, Arizona 85004
Policyholders: (800) 308-2318
Agents: (800) 308-2318

 

Financial Strength

  • A.M. Best: “A” (Excellent)

Brochures

Oxford Life Royal Select Fixed Index Annuity Brochure

Disclaimer*Brochures may vary by state.  For the most accurate information, please request info in the Request Quote form.

Are Annuities FDIC Insured?

Fixed annuities are not FDIC insured, but they have similar protections for your money. An annuity is an insurance policy guaranteed by the insurance company’s claims-paying ability. The insurance companies are members of the state insurance guarantee associations in each state where they do business. Each state insurance guarantee association protects consumers in the unlikely event that their insurance company fails and defaults on their obligations to their consumers (limits vary per state).

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