Annuities are contracts issued by insurance companies which allow investors to "DEFER" taxation on investment income and earnings until the time of withdrawal. No taxes are paid on the interest accumulation until money is withdrawn from the contract by the owner. The government allows annuities this "FAVORED TAX SAVINGS" to encourage Americans to save and accumulate money on their own. In addition, there are other features and benefits of owning an annuity contract as part of your investment portfolio. One distinct advantage is that an annuity contract is the only investment contract available that, if structured properly, the owner cannot outlive the income. Also, upon death the proceeds of the contract flow through to your named beneficiary and avoids probate.

Call or stop by and allow us to explain the advantages of owning an annuity contract within your portfolio.

These products:
* are NOT deposits insured by the FDIC or any federal government agency.
* are NOT obligations of Peoples-Webster County Bank.
* are NOT guaranteed by Peoples-Webster County Bank.
* may lose value.

Any guarantees that may be associated with non-variable insurance and fixed annuity products are based upon the financial wherewithal of the issuing insurance company only, and contain no other government or financial guarantee.

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