Would you like to get a higher interest rate than a C.D. with no risk and have better access to your money in case of emergency?
Did you know no one has ever lost a dollar of their deposit in the history of the U.S. with this product – even during the Great Depression? With this product a person can also have full access to their money, get a better interest rate than a C.D., defer taxes until the money is needed, and if you pass away – it even avoids probate and goes straight to your named beneficiary. Have you guessed what it is yet? Teachers have used them for decades and even the U.S. government uses them – also known as Social Security. They are called Fixed Annuities.
Annuities offer safety of principle and earned interest. Many people use them for their IRA’s and 401K s. They are tax deferred which means you pay no taxes on interest earned until you take the money out. They can also be used to set up a lifetime income stream like a pension.
I offer expertise in both Traditional Fixed Annuities and Fixed Indexed Annuities. Traditional fixed annuities are a simple interest bearing product currently paying as much as 3.0 – 3.5% interest. Another nice thing about fixed annuities is if interest rates go higher, the interest rate you receive will eventually go up too, unlike a C.D. where your money is locked in for the full term regardless of what interest rates are doing in the market. This could be a valuable benefit if we get interest rates like we did in the 1980’s and early 90’s.
Fixed Indexed annuities offer a wide variety of options. They allow you to participate in market gains, but not in market losses. So the return from index annuities vary but they tend to be higher than traditional fixed annuities over time.
Annuities are a safe way to diversify some of your assets without risk to the principle and also get a superior interest rate. This is only a brief description on how annuities work. Before investing in an annuity be sure to consult and experienced insurance broker who represents most or all of the top insurance companies who offer annuities and not just a person that represents one or two. This will ensure that you receive more options and benefits.
I hope this information helps you. If you are ready to get the process started I can help. I work with the top annuity insurance companies in the industry and can get you all the information you need. I can do this via email if you prefer or by a face to face appointment. While appointments are more time consuming, they are free and my clients can tell you that they always learn more and feel better about their decisions than trying to do it over the phone or computer.
If you want more details please call me and we can talk, at no charge, to see what your goals are and determine if and what fixed annuities might be right for you.