An annuity can be purchased with a single premium payment or with a series of periodic premium payments. Annuities earn interest on a tax-deferred basis. The proceeds of an annuity can be paid out to the annuitant in a number of ways, from a lump sum to a guaranteed income stream for life.
Use a Catholic United annuity to:
- Create retirement income
- House matured CD savings with principal protection
- Consolidate 401(k) and pension accounts from previous jobs
- Grow and protect principal for a later charitable donation
- And more
How do I get started?
Types of Annuities
Flexible Premium Annuity
Start saving for retirement with just a $300 minimum deposit, or only $25 per month (EFT). Plus, your annuity will never lose value; Catholic United promises a guaranteed interest rate.
Single Premium Annuity
This type of annuity offers tax-deferred growth on deposits of $5,000 or more, and a guaranteed minimum interest rate for the life of the contract, perfect for IRA, pension and 401(k) rollovers.
Membership in Catholic United Financial starts after you purchase a product from us. Membership means aligning your finances to your faith, and:
- Making Catholic United grants and incentive programs possible
- Encouraging volunteer work
- Fundraising for Catholic parishes, schools and religious education programs
- Participating in the business decisions of a company that is member-owned and member-operated
Why purchase a Catholic United annuity?
Guaranteed protection. Your principal is guaranteed to be 100% safe from stock market risk. In fact, no Catholic United Financial member has ever lost a dime on their Catholic United products.
Guaranteed growth. Your annuity is guaranteed to earn a minimum interest rate (varies by contract).
Competitive rates. Catholic United Financial offers competitive rates that compare favorably with other products on the market. Ask your Sales Representative for our latest rates.
Manage taxes. Enjoy seeing your money grow on a tax-deferred basis. Annuities can help reduce your current income tax liability, and help you plan for tax responsibilities in the future.
Avoid fees. Catholic United does not charge up-front account fees, service fees or other fees that chip away at your principle. Every dollar you invest in a Catholic United annuity works for you.