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What is an annuity?
Annuities are contracts with insurance companies that allow interest income to grow tax-deferred. Annuities are a popular choice for investors who want to receive steady income in their retirement. The income received can be paid out monthly, quarterly, annually or as a lump sum payment. If you choose to defer the income then your money will grow tax-deferred based on the annuity rate with no downside market risk.
THE BENEFITS OF AN ANNUITY
Guaranteed Lifetime Income
Prior Annual Returns over 8%
Principal Guaranteed by A+ Companies
No Stock Market Risk
Tax Deferred Interest
An Annuity Can Pay You for Life
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Find out why former U.S. Federal Reserve Chairman, Ben Bernanke owns two annuities (according to Market Watch) that represent the largest percentage of his personal investment holdings.
“There is a lack of financial education about the benefits of annuities and what’s available. Americans should convert at least half of their retirement savings into an annuity.” – US Government Accountability Office