Annuities are one of your best solutions for securing your dreams.
There are so many options in the world of investments, and it can be overwhelming at times.
However, annuities are one option that can anchor your portfolio and offer just the right way for you to find more security in your savings for retirement.
Annuities are essentially a contract between you and your insurance company. You give the company a sum of money and they invest your money in a mutual fund-like investments, and then in return you are promised a monthly payout.
They can last for your entire lifetime, be paid out at a certain age or only last for a specified period.
Take the confusion out of buying annuities with the help of a trusted advisor.
When you work with a Choice Insurance Agency trusted advisor, they can make the process easy.
They’ll guide you through everything from planning your annuity purchase, who benefits, what fees are involved and when to buy them.
Five Basic Annuity Types
Fixed Annuity: Simple and straightforward - works like a Certificate of Deposit (CD).
Fixed-Index Annuity: Performs like a CD with a variable rate of interest like a variable annuity.
Variable Annuity: is tied to the performance of an investment portfolio.
Immediate Annuity: Investor gives the insurer a lump sum for regular income payments until death or a specific amount of time.
Deferred Annuity: Delayed payments until a future date. Great for guaranteed income in the future.
Annuities can be a reliable alternative for your future financial security.
For answers to all of your questions include tax implications, fees and types of annuities, it’s helpful to talk to one of our trusted advisors.
Call855-INSURED or complete the form below and we’ll reach out to you.