Annuities

Annuities are designed to empower your retirement journey. They offer tax-deferred growth on your contributions, allowing your nest egg to accumulate faster. Additionally, annuities can provide a guaranteed income stream throughout your retirement years, ensuring financial security.

One of the best features of an annuity is a guaranteed lifetime income. Having a steady income stream can give you a peace of mind during your retirement years.

Tax deferral

Annuities for tax-deferred, which gives you additional growth potential because you can pay tax later, even if those assets are non-qualified account. Additional growth potential because the money can remain invested and grow until you are ready to withdraw it instead of paying taxes every year on contributions, earnings and growth.
As you get older you will also be at a lower tax bracket.

Protection

Annuities can provide different levels of protection against a loss of in value. Some Annuities guarantee against any loss, while others can protect against losses up to threshold of 10-30%.

Death Benefits

Most Annuities offer a return of premium death benefit and optional enhanced death benefit provisions. These enhanced provisions have additional benefits that can increase the amount your beneficiary will receive.

Variable Annuities (VA)

VA’s offer investment and insurance features. The value fluctuates based on the investments chosen, which creates potential for long term growth over a multi-year timeframe. These Annuities provide the best growth potential but there is a risk that the account could fall in value.

Index-linked Variable Annuities (ILVA)

This type of Variable Annuity tracks a stock market index stick as the S&P 500 it Russell 2000. Your investment fluctuates with the index and has an upside performance call in addition to a downside level of protection.

Fixed Indexed Annuities (FIA)

These Annuities offer principal protection and provide and opportunity for growth. They also offer options for guaranteed lifetime income.

Fixed Annuities (FA)

FA’s provide a guaranteed interest rate for the principal investment without participating in the market, and they also offer options for guaranteed lifetime income.

You’ve worked very hard to save for your retirement. Now it’s time to take the necessary steps to Bridge the gap and ensure your retirement is as comfortable as possible! Contact us today to make sure your on track to receive the retirement you deserve.