Annuities
Fixed Indexed Annuities
Rather than give up the opportunity for growth, many clients seek to simply add guardrails to their investments. Let an experienced financial professional walk you through the current rates and if this option makes sense for you.
Annuities are generally considered long-term investments. They are intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed indexed annuity is not a registered security or stock market investment and does not participate directly in any stocks.
Fixed Annuities
Many clients look to add guaranteed investments to their portfolios that may offer some assurances that a portion of their retirement assets are preserved. They may also wish to have a guaranteed stream of income that annuities are designed to provide.
Fixed annuities are designed to meet long-term needs for retirement income. Early withdrawals may result in loss of principal and credited interest due to surrender charges. Distributions may be subject to ordinary income tax and, if taken prior to age 59 ½, an additional 10% federal tax. Prior to purchase you will want to read and understand the contract details and consult with professional in this area.
