Annuities
Looking for a stable, long-term financial solution? Annuities offer guaranteed income, retirement protection, and peace of mind. In this section, we break down the basics of annuities, their benefits, and how they can fit into your overall financial strategy.
FAQ
What is an Indexed Annuity?
A Fixed Indexed Annuity offers a safe way to potentially grow your money with no downside market risk, while still giving you the option for lifetime income. It can be a smart part of a balanced retirement plan, especially if you're looking for both security and some growth potential—but it’s best to review it carefully with a trusted financial advisor to see if it fits your goals.
What are 9 reasons to get an Indexed Annuity?
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I want to save for retirement, but I have a limited budget.
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I want to make contributions on my terms, without worrying about market conditions.
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I want an income stream, regardless of how long I live.
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I want access to my money.
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I want the ability to outpace other fixed money products.
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I want the benefits of triple compounding.
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I understand the power of an annual reset.
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I want the money to go to my family if I die.
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I need to supplement my Social Security payments.
Will annuitants pay higher tax in the future?
As long as annuities are set up like Traditional, Roth, or non-qualified plans, annuitants will be taxed according to how those plans are. There will be no extra tax added.
Is Guaranteed Lifetime Income too good to be true?
It’s not too good to be true. It’s too good to be free. Guaranteed Lifetime Income comes with a small fee that provides an income that the annuitants never outlive. Besides social security benefits and pensions, annuity is the only plan that provides this lifetime benefit.
What is an annuity?
Annuity is a contract between an annuitant and an insurance company. The annuitant deposits money the insurance company. The insurance company gives them the guarantee of no loss to the principle, bonus, and lifetime income.