The ATS Tax Deferred Annuity Features

Flexible Premiums (Deposits)
Deposits may be regular or flexible.  The amount and/or the number of deposits can vary monthly and/or annually.  The minimum initial deposit is $300; subsequent minimum deposits are $25.  Total deposits in any one year cannot exceed $12,000 without prior ATS consent.

Maturity Date
You decide on the Annuity maturity date, usually near or at retirement age 65.  Prior to settlement, the maturity date can be changed at any time.

IRA Qualification
The ATS Annuity is qualified for funding an IRA, and it conforms to IRS regulations.

High Interest Earnings
High interest earnings are anticipated.  Current interest rates will be adjusted from time to time, as necessary, to reflect economy changes.  However, the ATS interest rate will never be lower than 3%.

Withdrawals
You can withdraw part or all of the cash value of your account before its maturity date.  However, early withdrawals may be subject to ATS withdrawal charges ands/or federal tax penalties.  On IRA Annuities, IRS penalties are assessed when the funds are withdrawn prior to age 59 1/2 and/or when minimum withdrawals are not made after age 70 1/2.

Death Benefits
If you die before withdrawing benefits, your beneficiary will receive the accumulated value of the Annuity, including all interest earned.  If your death occurs after benefit payments begin, your beneficiary will receive the remaining value of your fund, in accordance with the Settlement Option you have chosen.  Payments are made directly to your names beneficiary.