Earn between 5% and 6%, tax deferred interest, with 3, 5 and 7 year agreements. We use “A” rated insurance companies. Find out here the reasons to Love Fixed Annuities.
These Annuities may allow up to 10% annual penalty free withdrawals during the 3, 5 or 7 year agreements. Interest earnings compound on a tax deferred basis out performing CD’s and typical saving accounts.
An Annuity can be designed to help provide financial protection against the risk of living too long and running out of money.
FIXED “INDEXED” ANNUITIES are linked to a market index like the S&P 500 for payout of interest. They are not invested in the market. However, they go up in value with positive performance of the index over a given time period but stay even when the index declines over that time period.
They also provide the option of lifetime income payments that cannot be outlived. They may be designed so that both spouses continue to receive income in the event that one spouse passes away.
There is no exposure to risk of loss of principal due to market declines. Income Riders can be designed to perform like your own personal lifetime pension.
FIXED and FIXED INDEXED ANNUITIES provide death benefits. If you pass away before the full contract value is paid out, your beneficiaries will receive any remaining principal in the account. You may also have the option to purchase a rider that increases the death benefit of the annuity.
✔ Nature of the underlying investment – fixed or variable
✔ Primary purpose – accumulation or pay-out (deferred or immediate)
✔ Nature of pay-out commitment – fixed period, fixed amount, or lifetime
✔ Tax status – qualified or nonqualified
✔ Premium payment arrangement – single premium or flexible premium
To find out what best Annuity choices meet your needs please contact us.
These videos are for educational purposes. We represent many of the top carriers available. We will review your unique situation and be able to offer you a variety of carrier products and plans to choose from.
