Fixed Annuities

Fixed annuities provide a guaranteed interest rate for a specified term, ensuring stable, tax-deferred growth. These are among the safest annuity options as the insurance company bears the investment risk.

Fixed Indexed Annuities

Fixed indexed annuities offer a minimum guaranteed return while also providing growth potential based on a linked market index, such as the S&P 500. This option balances risk and reward.

MYGA Annuities

Multi-Year Guaranteed Annuities (MYGAs) provide a fixed interest rate for a set period, typically ranging from three to ten years. These annuities offer stability and predictable growth, making them a great choice for conservative investors looking for guaranteed returns.

Immediate Annuities

Single premium immediate annuities (SPIAs) start paying income right away, converting a lump sum into a guaranteed income stream for life or a fixed period.

Annuity Payout Options

• Single Life: Guarantees payments for the annuitant’s lifetime.
• Joint Life: Ensures payments continue for both primary and secondary annuitants.
• Life with Period Certain: Payments are guaranteed for a set period, continuing to beneficiaries if needed.
• Period Certain: Guarantees income for a fixed term, even after the annuitant’s death.
• Lump-Sum Payment: Receive the full contract value at once.
• Systematic Withdrawal: Withdraw funds at a chosen rate until depleted.

Annuity Customization Options

Annuities can be tailored with additional benefits through riders:

• Death Benefits: Guarantees a payout to beneficiaries.
• Living Benefits: Ensures a minimum payout even if the annuity underperforms.
• Long-Term Care Rider: Increases payouts if long-term care is required.
• Cost of Living Rider: Adjusts payouts for inflation.

How to Buy an Annuity

Before purchasing an annuity, assess your financial goals, risk tolerance, and retirement needs. Contact me to explore options and select a reputable provider with strong credit ratings.