NICHOL INTERNATIONAL

PRIVATE VARIABLE ANNUITY

Our private variable annuity was handcrafted to assist high net worth individuals as they develop long-term wealth management plans.

A private variable annuity is a variable annuity that is sold directly to an investor and is not for sale to the general public.

The main advantages of a private annuity include:

1. the ability to work with the insurance company to tailor the product to the investor’s needs and
2. access to alternative investments, including hedge funds, private equity, and other non-traditional asset classes

In a variable annuity, there is an “accumulation period” and an “annuity period”. During the accumulation period, the annuity owner deposits funds into the contract and allocates those funds to one or more investment options.

A properly structured variable annuity benefits from tax-deferral during the accumulation phase. This may be true; however, tax advice should always be sought.

During the annuity period, which typically begins at retirement, the total value of the contract is paid out to the annuitant over time, in the form of a life annuity, joint life annuity (e.g., annuitant plus spouse), or other form offered by the insurer.

Our product also features transparent fees and expenses, no up-front client commissions and highly customizable funding and ownership structures.