An Annuity is an agreement between an insurance company and the investor on long term financial products that are usually designed specifically for some type of retirement plan. Individuals typically place their lump sum payment with the insurance company and in return they can receive benefits of the annuity that matches their goals and objectives.

Retirement Income Is Secure
Guaranteed Income for months, years or life

No Direct Downside Market Risk
Opportunity to grow your money and not lose money

Defer Paying Taxes
Tax Advantages associated with Annuities

Avoid Probate
Death Benefits associated with Annuities

“Eggs Are Not In One Basket Only”
Diversify your portfolio

Nursing Home Benefits
May get a extra monthly income if confined to nursing home with an Annuity

Fixed Annuities:
A Fixed Annuity will Guarantee your money will earn at least a minimum interest rate for a period of time. For example 1 year, 2 years, 5 years, 10 years, etc. You may earn higher than the minimum guaranteed but only the minimum is guaranteed.

Fixed Indexed Annuities:
A Fixed Indexed Annuity is a type of fixed annuity that earns interest based on changes in a market index, which measures how the market or part of the market performs. The interest rate is guaranteed to never be less than zero, even if the market goes down.

Variable Annuities:
A Variable Annuity earns interest investment returns based on the performance of the investment portfolios, known as “sub accounts” where you choose to put your money. The return earned in a variable annuity isn’t guaranteed. The value of the sub accounts you choose could go up or down. “Simply put, you could gain money or lose money.”