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 six contract years. Surrender Percentage     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.