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Grow Your Retirement Funds with a Variable Annuity

Variable annuities1 are a great option for planning for retirement and working toward other long-term financial goals.

What is a Variable Annuity

The WoodmenLife Variable Annuity is a personal retirement account that blends the best features of mutual funds and annuity. Guarantees allow you to accumulate tax-deferred dollars in various fixed and market-based accounts based to your risk tolerance.

A variable annuity is made up of investments and can yield potentially higher returns than other types of annuities though it does have higher costs than mutual funds and other annuities. If you are comfortable with a higher level of risk, a variable annuity may be the best option for you2.

Reasons to Choose a Variable Annuity

With a variable annuity, you can:

  • Build funds tax-deferred

  • Choose how your investments are diversified

  • Invest conservatively or aggressively based on your comfort level

  • Transfer among stock or bond subaccounts tax-free

  • Potentially accumulate more than you would with a set interest rate

  • Choose from multiple payment options

  • Leave a guaranteed death benefit for your loved ones*

How a Variable Annuity is Different

With a variable annuity, you have the ability to invest conservatively or aggressively for potentially higher returns. Variable annuities offer investment flexibility that can provide greater protection from inflation when compared to fixed annuities that retain a set, guaranteed interest rate. A variable annuity may be a good fit if you still have 10 or 20 years left before you need to retire or use the money in the account, as returns can be higher over an extended period of time.

Form 456-XX-0208, 456-44-0301
Annuities may not be available in all states.

WoodmenLife Variable Annuity Performance

Below are free publications and prospectuses from Woodmen Financial Services, Inc.

WoodmenLife VA Performance - April 30, 2024

View Additional VA Prospectus & Reports

You should consider the investment objectives, risks and charges, and expenses of the WoodmenLife Variable Annuity carefully before investing. Call Woodmen Financial Services, Inc. at 877-664-3332 for a copy of the prospectus which contains this and other information about the annuity. You should read the prospectus carefully before investing.

Variable annuities are only available through WoodmenLife Financial Representatives. Variable annuities may not be available in all states. To connect with your local Financial Representative, contact Woodmen Financial Services at WFSOperationsTeam@woodmenlife.org or 1-877-664-3332.

Need a printed copy?

Please call Woodmen Financial Services, Inc. at 877-664-3332 for a printed copy.

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We make it easy to roll 401(k) funds from previous employers into an annuity.

401(k) not offered as a product. Products offered are IRA variable annuities, IRA fixed annuities and IRA mutual funds.

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A local WoodmenLife Representative can help you choose the best retirement products for where you are in life.

  1. 456-XX-0208, 456-XX-1207, 456-XX-0301

  2. A Variable Annuity is a long-term financial vehicle designed for retirement purposes. There are contract limitations, fees, and charges associated with variable annuities, which include but are not limited to mortality and expense risk charges, surrender charges and administrative fees. Early withdrawals may be subject to surrender charges and taxed as ordinary income, and in addition, if taken prior to age 59 1/2, an additional 10% federal income tax penalty may apply.

    For the purpose of determining your surrender charge, any amount that you withdraw will be treated as coming from premiums in the order in which they were paid. Amounts deducted to pay a surrender charge on a withdrawal are themselves subject to the surrender charge. The amount deducted to pay a surrender charge will be applied against the surrendered portion of the account and will reduce the withdrawal accordingly. In each Certificate Year, you may make free withdrawals (withdrawals without any surrender charge) of up to 10% of the Accumulated Value existing at the time you made the first withdrawal in that Certificate Year.

*Guarantee is made by WoodmenLife. Death benefit and principal guarantee are subject to the claims-paying ability of the issuing insurance company. A variable annuity is a long-term financial vehicle designed for retirement purposes. There are contract limitations, fees and charges associated with variable annuities, which include but are not limited to mortality and expense risk charges, surrender charges and administrative fees.

Products are not available in New York and all products may not be available in all states.

Not FDIC- or NCUSIF-insured. May lose value. Not insured by any federal government agency. Not a deposit. Subject to claims-paying ability.

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Uniting hardworking Americans to secure their financial future while strengthening our communities and country.

This is a solicitation of insurance and an agent/producer may contact you.

WoodmenLife Medicare Supplement plans are not connected with or endorsed by the U.S. government or the federal Medicare program.

NOTE: In some states, Medicare Supplement certificates (all plans in CO) are available to those eligible for Medicare due to a disability, regardless of age.

Securities are offered through Woodmen Financial Services, Inc. (WFS), 1700 Farnam Street, Omaha, NE 68102, member FINRA/SIPC, a wholly owned subsidiary of Woodmen of the World Life Insurance Society (collectively “WoodmenLife”). Securities other than the WoodmenLife Variable Annuity are issued by companies that are not affiliated with WoodmenLife. This material is intended for general use with the public. WFS is not providing investment advice for any individual or any individual situation, and you should not look to this material for any investment advice. WFS has financial interests that are served by the sale of these products or services.

WoodmenLife Extras are available to members. An individual becomes a member by joining our shared commitment to family, community and country, and by purchasing a product. These extras are not contractual, are subject to change and have specific eligibility requirements, such as length of membership, number of qualifying members in household and/or qualifying event.

Check out the background of Woodmen Financial Services, Inc. on FINRA’s BrokerCheck.

Business Continuity Plan | All products may not be available in all states. | Not all Representatives are licensed to sell all products.

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Effective Feb. 1, 2024, WoodmenLife is rated A+ Superior by AM Best for our financial strength and operating performance. For the latest Best’s Credit Rating, access www.ambest.com

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This Site is not intended for access outside of the United States, including those individuals who reside in the European Economic Area (“EEA”). WoodmenLife makes no representation that materials on the Site are appropriate or available for use in locations outside of the United States, and accessing them from territories where their contents are illegal is prohibited. Those who choose to access the Site from outside of the United States do so on their own initiative and are responsible for compliance with local laws.

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