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 5/16/2008 12:30:37 PM
 

 

 
 


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If you're looking for an investment with a steady income stream, Independence has a wide range of fixed and variable annuities to meet your needs.

Variable Annuity

Variable annuities combine many of the benefits of a fixed annuity with the investment diversification of mutual funds. Variable annuities offer various professionally managed portfolios with different investment objectives. These are called sub-accounts. The value of these sub-accounts is dependent upon the performance of the selected portfolio(s). As in a mutual fund, in a variable annuity the increased risk is exchanged for a potential increase in performance. Like a fixed annuity, variable annuities have the benefits of tax-deferral and probate avoidance, but potentially keep up with inflation better. Early withdrawals may result in surrender charges; withdrawals prior to age 59 ½ may be subject to IRS penalties. Subject to investment risks, including the possible loss of principle amount invested. 

For information, please stop by any branch office.

Products offered through Dime Financial Services include:

  • Fixed Annuity 

  • Variable Annuity 

  • Mutual Funds 

  • 401K and Pension Funds 

  • Brokerage Services 

  • Single Premium Whole Life Insurance 

Securities are offered through Essex National Securities, Inc, a registered broker-dealer, and member NASD-SIPC, which is not affiliated with The Dime Bank of Williamsburgh. Insurance Products are offered through Havemeyer Investments Inc., a licensed insurance agency, and a subsidiary of The Dime."

Securities and Insurance products:

Not FDIC Insured Not Guaranteed By The Bank  Not A Deposit 
May Go Down In Value Not Insured By Any Federal Government Agency