Guarantee your financial security
Annuities
Annuities are perfect financial insurance policies for individuals planning for retirement and want a plan in the event they outlive their savings. They work as a contract between the policyholder and the financial institution to pay out their invested funds as a fixed stream of income for a given period of time in the future, or for the rest of the holder’s life. Payments to Annuity principles can either be made as one lump sum or in several payments.
There are different types of annuities including:
- Immediate Annuities: Begin paying the policy holder immediately after providing the financial institution with their lump sum Annuity deposit.
- Deferred Annuities: Don’t begin payouts until after the client reaches the agreed upon age.
Lifetime payouts received no refund of the initial Annuity deposit as the holder outlived their policy. For Annuities set for only a certain time period, any remaining principal can be refunded to the annuity holder’s heirs.
- Fixed Annuities: Work as periodic payments to the annuity holder depending on whether they agreed to an Immediate Annuity or a Deferred Annuity.
- Variable Annuities: Come with financial risk but can lead to an increase in payments given that the investment does well within the current market.
IRAs
Our professional insurance agents want to help you have the most secure financial future possible. For over 35 years, we’ve offered quality and reliable service to customers just like you seeking a trusted freedom of choice. We work with over 30 insurance carriers, so let our experience go to work for you.
Contact us to speak with one of our expert financial insurance agents to learn more about these options. They will help you determine whether an Annuity, IRA, or both.
