ANNUITIES


All of the Upside Potential, with None of the Downside Risks. ZERO is Your HERO.

An annuity allows a customer to deposit money (premiums) with an insurance company that can earn interest and grow on a tax-deferred basis with the agreement that the insurance company will then provide a series of payments back to the customer at regular intervals.

  • People typically purchase annuities to provide or supplement retirement income they will receive from Social Security, pension benefits, investments and other sources.
  • You can convert your annuity into a stream of income that can then be paid over a fixed period or for your lifetime.
  • You can take withdrawals of varying amounts when you need the income.

There are generally two different types of annuities:

  • Available to purchase using a single lump sum, or with flexible premiums over time.
  • When it comes time to take income from your deferred annuity, you will have many options available to meet your needs.
  • Immediate - Provides income payments that normally begin within a year after the premium is paid.
  • Deferred - Provide income payments that begin later, often after many years. Deferred annuities are designed for long-term savings purposes.

Instead of trying to predict the future, why not offset risk with a diverse retirement plan?  Fixed Indexed Annuities are EXTREMELY reliable products that can provide peace of mind and balance to anyone’s portfolio. Here are some reasons why you might include FIAs as part of your retirement plan:

Accumulation Without Risk–Peace of mind that their principal won’t go down! FIAs can offer a balance + security against the VERY turbulent markets. When the index is performing well, you are able to capture the upside and will see interest earnings somewhere close to the cap. Should the index perform poorly, the downside is hedged with the guarantees built in. If retirement is about limiting risk, one of the BEST ways to alleviate the market risk is with an FIA.

Tax Deferral–Spring is a good time of year to think about your taxes. Do you have a plan for taxes in retirement? You'd be surprised how many people don’t take taxes into account. With an FIA, while there usually is income tax paid when withdrawals are made, you can have the benefit of tax-deferred earnings, which will allow you to earn interest on the principal, interest on the interest, and interest on the tax savings! 

Peace of Mind–Having a secure source of income will add peace of mind. The GUARANTEED stream of income offered by Fixed Indexed Annuities acts as a steady paycheck, though there can be early withdrawal charges for certain withdrawals before the end of the surrender charge period, so that it’s easier to plan for purchases and costs in retirement, which will help you sleep comfortably at night.

In addition to these points, there are several additional advantages - including avoiding probate and protecting a spouse. Within the past few years, we've seen serious increases in FIA sales across the United States. As life expectancy increases, these very well may be the highest payout rates you will see...


Today, the majority of the burden for retirement income seems to have shifted to the individual.

For this reason, you may want to consider a guaranteed* fixed income component to your retirement strategy. In short, adding an annuity may be an opportunity to help ensure a portion of your retirement income will be guaranteed.* An annuity is a contract you purchase from an insurance company. For the premium paid, you receive certain fixed and/or variable interest crediting options able to compound tax deferred  - until withdrawn. 

Ultimately, when you're ready to receive income distributions, this vehicle offers a variety of guaranteed* payout options. Most annuities have provisions that allow you to withdraw a percentage of the value of the contract each year up to a certain limit. However, withdrawals will reduce the contract value and the value of any protected benefits. Because they are designed as a long-term retirement income vehicle, annuity withdrawals made before age 59½ are subject to a 10 percent penalty fee, and all withdrawals may be subject to income taxes. There are a ton of options - and depending on your own customized plan, we can work together to figure out what products work best for YOU.

*Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by carrier. Annuities are not FDIC insured.

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