The ATS Tax Deferred Annuity
Settlement Options

The following settlement options are available at maturity of the Annuity:

Lump Sum Payment
The total accumulated value may be taken as a lump sum payment.

Payment of a Specified Amount
Payment will be made periodically at the amount you elect.  The payment period cannot exceed your then life expectancy.

Payment for a Specified Period
Payments will be made for the period elected.  The period may not be longer than your then life expectancy.

Life Annuity
Payments will be made as long as you live.  Payments may be guaranteed for a minimum of 10, 15, or 20 years. Then if you die before receiving payments for the minimum guaranteed  period (10, 15, or 20 years), the value of the remaining guaranteed period payments will be paid the your beneficiary.  Any guaranteed period may be be longer than your then life expectancy.