What is an annuity?

An annuity is a contract between you and an issuer whereby you agree to give the issuer principal and in return the issuer guarantees you fixed or variable payments over time. While annuities are not insurance policies, they are issued by financial planners from insurance companies. Learn more about annuities! An annuity is similar to a retirement plan in that you can fund it in a lump sum or a little at a time, and all capital in an annuity grows and compounds tax-deferred until you begin making withdrawals. Unlike retirement plans, however, there is no limit as to how much you can invest in annuities!

Do you need another way to invest or another retirement plan?

An annuity may be your answer! To learn more, view the pages of this web site and fill out our online annuity rate quote form! You will receive a call from a qualified financial planner to help you with your needs, free and with no obligation. Why not get an annuity rate quote today?

Do you need another way to invest or another retirement plan?

  • An annuity may be your answer!

To learn more, view the pages of this web site and fill out our online annuity rate quote form! You will receive a call from a qualified financial planner to help you with your needs, free and with no obligation.

When selecting an annuity you will be presented with essentially three choices:

Investment type.

Fixed-Rate: A guaranteed rate, from one to ten years.
Variable Rate: An annuity to enable you to invest in securities portfolios and money market securities.

Payout Timing.

Immediate annuity: You will receive payments immediately upon investing. This is if you need immediate cash.
Deferred annuity: You will receive payments starting at some later date, usually at retirement.

Liquidity options.

Withdrawing Interest: Most annuities allow you to withdraw a certain portion of your interest earnings without a penalty (although any withdrawal from an annuity may be subject to taxes). Withdrawals from annuities will affect both the account value and death benefit.