The Basics of Annuities
Annuities are designed to protect against a common retirement fear: running out of money. By offering guaranteed income for life*, they help you enjoy retirement with confidence and financial stability, while still giving you the freedom to use your funds in ways that fit your lifestyle
This is who Annuity may be perfect for
This sets you up for a better retirement income.
Sets you up for long term defered tax payments.
You want to make your money work for you, hence you need something with high returns.
Two basic types of annuities
Deferred annuities are designed to help grow your retirement assets through guaranteed interest rates and tax-deferred accumulation. Because they are not subject to market volatility, your annuity value is protected from decline, supporting long-term retirement planning.
Income annuities provide guaranteed retirement income* you cannot outlive. Ideal for those near or in retirement, these annuities deliver consistent payments for life or for a defined time frame, helping support long-term financial stability during retirement.
What Annuities Can Provide
Earnings within an annuity grow tax-deferred, meaning taxes are postponed until withdrawals begin. This can help reduce your overall tax burden and allow your money more time to grow.
One of the biggest challenges in retirement is knowing how much income you’ll need. Annuities help solve this by offering reliable income payments that you can use in a way that fits your lifestyle and financial goals.
No two retirement plans are the same. Annuities offer flexible payout options and payment schedules, allowing you to choose the income structure that works best for your personal situation.
How you use your annuity income is completely up to you. Many individuals choose to use their payments to: ✔ Cover everyday living expenses ✔ Supplement Social Security or other retirement income ✔ Help pay for a grandchild’s education ✔ Support charitable causes ✔ Purchase additional insurance or financial products