A fixed annuity can help you accrue tax-deferred earnings as part of your general retirement plan. Annuities offer you the opportunity to receive lifetime payments and tax-deferred earnings. They also provide death benefits for your beneficiaries. The continued claims-paying ability of the issuing insurance company backs all guarantees.
Consider investing in an annuity if:
- You’ve reached deductible limits on all your retirement accounts and still wish to save more for retirement.
- You’re in a higher tax bracket and want to defer added income.
An annuity is a contract between you and an insurance company. The insurance company agrees to provide you an income stream in return for you making premium payments. You can elect to receive a series of payments or receive payment all at once.
Contact us for a free, comparative quote from a range of carriers, so you can get the best rate on fixed annuities.