Garry Snow offers Investment Advisory Services through Gradient Advisors, LLC (Arden Hills, MN 877-885-0508), an SEC Registered Investment Advisor. Gradient Advisors, LLC and its advisors do not render tax, legal, or accounting advice. Integrity Advisory Group, Inc. is not a registered investment advisor and is not an affiliate of Gradient Advisors, LLC. Insurance products and services are offered through independent agents. Integrity Advisory Group, Inc., Associates of Integrity Advisory Group, Inc. and Gradient Advisors, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency. All written content on this site is for information purposes only. Opinions expressed herein are solely those of Garry Snow, and our editorial staff. The presence of this website shall in no way be construed or interpreted as a solicitation to sell or offer to sell Investment Advisory Services to any residents of any State other than the State(s) Garry Snow, is registered or where otherwise legally permitted. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Hyperlinks on this website are provided as a convenience. We cannot be held responsible for information, services or products found on websites linked to ours.
The information contained on this page is not investment or financial advice and you should consult the appropriate financial services professional for investment or financial advice. The information contained on this page is informational in nature only and is not a recommendation to purchase or invest in a specific financial product. This is not legal or tax advice and you should consult an attorney or tax advisor for the appropriate legal or tax advice.
Annuities are insurance products and are subject to state insurance laws and regulations. Annuities are designed to be long-term investments and may not be suitable for all investors. Annuity guarantees are based on the claims paying ability of the insurance company. Annuities can involve charges such as administrative fees, annual contract fees, rider fees, mortality & risk expense charges and surrender charges. Early withdrawals may be subject to surrender charges and can impact annuity cash values and death benefits. Withdrawing more than the guaranteed annual withdrawal amount on an annuity with an income rider can reduce the future guaranteed annual withdrawal amounts. Taxes are payable upon withdrawal of funds. An additional 10 percent IRS penalty may apply to withdrawals prior to age 59½. Annuities are not guaranteed by FDIC or any other governmental agency and are not deposits or other obligations of, or guaranteed or endorsed by any bank or savings association. When considering replacing or transferring out of an annuity it's important to understand what costs may be incurred such as surrender charges and the loss of death, tax consequences and/or income benefits.
Guarantees are based on the claims paying ability of the insurance company.
Integrity Advisory Group, Inc. is not affiliated with or endorsed by the Social Security Administration or any government agency. Exclusive rights to this material belongs to GPS. Unauthorized use of the material is prohibited.
Variable annuities are subject to investment risk, including possible loss of principal. Before investing in a variable annuity, consider the investment objectives, risks, charges and expenses. These fees and charges may include, but are not limited to, mortality and expense risk charges, sales charges, surrender charges, administrative fees, optional benefits charges and charges for the underlying investment options. This information may be found in the variable annuity prospectus. Please read the prospectus carefully before investing to ensure the annuity is appropriate for your goals and risk tolerance.
Fixed indexed annuities are affected by changes in a stock or equity index over the crediting period. Even though changes in the index affect the interest credited to the fixed indexed annuity policy, a fixed indexed annuity is not an investment in the stock market and does not participate in equities, commodities, fixed income or currencies. Fixed indexed annuities may be subject caps, spreads, administrative fees and/or participation rates that will limit and/or lower the amount of interest that is credited to the fixed indexed annuity.
Caps - A cap is a preset limit that we use to calculate the interest rate for an index allocation with some crediting methods. With some annual point-to-point crediting options, an annual cap would apply. If the annual change exceeds the annual cap, the interest rate is equal to the annual cap percentage. With monthly sum crediting, a monthly cap would apply. If the monthly change exceeds the monthly cap, the monthly cap percentage is used for that month to calculate the interest rate. Positive monthly changes are subject to a monthly cap, or maximum; however, negative changes are generally not limited by the cap.
Annual Spread - An annual spread is a preset deduction used with some crediting methods to calculate the interest rate. The spread is subtracted from the change to determine the interest rate. Annual caps, monthly caps and annual spreads are established when you purchase your Contract. These caps and spreads may be subject to change at a later date.
Participation Rate - The participation rate determines how much of the percentage of index growth for an index used to calculate any indexed interest credited to your Contract