Tax Deferred Annuities

"A less taxing way to save for your future"

An Annuity with the Polish National Union of America is an effective, tax-deferred way to put money away for the future. Most importantly, annuities are the only investments that can guarantee you an income for as long as you live.

The Polish National Union of America is currently offering one type of annuity:

  • Flexible Premium

With a Flexible Premium Annuity, you can start your annuity with an initial payment of $1,000. Additional deposits of $100 or more can be made to build your Flexible Annuity. However, deposits made subsequent to the initial deposit are limited to a total of $25,000 per year.


The annuity acts as a savings plan, which accumulates guaranteed interest on a tax-deferred basis.
Annuities make excellent retirement income plans because they guarantee protection against the risk of outliving one's income.

The Polish National Union of America Advantage
  • Tax deferred interest
  • Safety with security
  • Guaranteed lifetime income
  • Flexible payment programs
Polish National Union of America Tax-Deferred annuities are no-load contracts, which means that all your money receives interest from the date of issue. This interest is received at the current interest rate, as established by Board of Directors of the Polish National Union of America.

Interest rate may vary on an annual basis with a 1% guaranteed minimum. Check with your Branch Secretary or the Polish National Union of America office for the current interest rate.

Tax Information
Annuities are tax-deferred, not tax-free. This means that taxes must be paid on the interest once money is taken out. As with all annuities, interest is taxable when received and interest received prior to age 59 1/2 will be subject to an IRS penalty.

Please remember that the information presented here summarizes our understanding of current tax laws. We suggest that you consult your own tax advisor for information regarding your personal tax situation.

Security and Liquidity
Though tax-deferred annuities are generally purchased for long-term savings needs, annuities with the Polish National Union of America are completely liquid, allowing you access to some or part of your money should an unforeseen need arise. However, surrender charges do apply for surrenders or withdrawals made during the first five contract years.

  • Year 1...6%
  • Year 2...5%
  • Year 3...4%
  • Year 4...3%
  • Year 5...2%
  • Year 6...1%

Polish National Union of America Tax-Deferred Annuities are one-hundred percent guaranteed by the assets of the Polish National Union of America, one of America's strongest fraternal organizations.

So, if it's retirement income you're looking for, or simply a way to defer taxes, a Polish National Union of America Tax-Deferred Annuity could be just right for you.

For more information on Single-Premium and Flexible-Premium Annuitites, fill in the information request form, contact your Branch Secretary or call the offices of the Polish National Union of America at 1-800-724-6352. The call is toll-free.

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