Annuities

Variable Annuities

A variable annuity is a type of annuity contract that allows for the accumulation of capital on a tax-deferred basis. Variable annuities offer investors the opportunity to generate higher rates of returns by investing in equity and bond subaccounts. If a variable annuity is annuitized for income, the income payments can vary based on the performance of the subaccounts.

A Variable Annuity might be a good fit for you, if:

You feel comfortable with receiving an amount dependent on the portfolio's gain or loss.

Fixed Index Annuities

Fixed Index Annuity is a tax-deferred accumulation product issued by an insurance company. It shares features with fixed annuity; however, with an index annuity, the annual growth is bench-marked to a stock market index (e.g., Nasdaq, NYSE, S&P500) rather than an interest rate..

Fixed Index Annuities give might be a good fit for you, if:

You are looking for a safe, tax-advantaged way to earn a guaranteed return on retirement savings needed in the near future.

Disclosure: Annuities are products of the insurance industry. Guarantees are subject to the claims-paying ability of the insurance company and surrender charges may apply if money is withdrawn before the end of the contract. This material is not intended to replace the advice of a qualified tax advisor, attorney, and accountant or insurance advisor. Consultation with the appropriate professional should be done before any financial commitments regarding the issues related to the situation are made.