Annuities

An annuity offers clients the opportunity to save and accumulate money on a tax deferred basis for retirement, and then receive a guaranteed income stream during retirement or for the rest of their lifetime. With an annuity you never have to worry about running out of money as you age. Who knows, maybe you’ll live to be a centenarian (person who lives to be 100)!

An annuity offers clients the opportunity to save and accumulate money on a tax deferred basis for retirement, and then receive a guaranteed income stream during retirement or for the rest of their lifetime. With an annuity you never have to worry about running out of money as you age. Who knows, maybe you’ll live to be a centenarian (person who lives to be 100)!

Immediate or Deferred

(when will income payments begin)

Immediate

In an Immediate Annuity, a person gives a lump sum of money to an insurance company in exchange for a stream of income payments that begin immediately.

Deferred

In a Deferred Annuity, a person will typically fund the annuity over time, usually by making contributions or deposits throughout their working career.  The income payments do not begin until a future date, usually at the start of their retirement.

Fixed Annuity

A Fixed Annuity refers to the fact that the rate of return that a person earns within the contract is either guaranteed by the insurance company, or is earned and credited on a consistent, predictable basis throughout the life of the contract.

For investment purposes, we offer tax-deferred fixed annuity investments, immediate (income generating) annuities, deferred income accounts, guaranteed income riders, and structured settlements.

Medicare only pays about 80% of your medical and health care costs. The remaining 20% is up to you. Adding a Medicare Supplement plan or electing for a Medicare Advantage plan, a stand-alone Part D, or combined Medicare Advantage Part D (MAPD) are all opportunities to cover your remaining costs, providing for complete coverage.