Annuities 101An annuity is a financial product that provides a regular stream of income payments to the annuitant (the person who purchases the annuity) over a specific period of time. The annuitant makes a lump sum payment or a series of payments to the annuity issuer, who then invests the funds and makes regular payments to the annuitant.
An annuity can be either fixed or variable. In a fixed annuity, the payments to the annuitant are guaranteed and remain the same throughout the life of the annuity. In a variable annuity, the payments may vary based on the performance of the investments made by the annuity issuer. Annuities are often used as a retirement planning tool, as they can provide a reliable source of income in retirement. They can also be used as a means of transferring wealth, as the remaining value of the annuity can be paid out to beneficiaries after the annuitant's death. However, annuities can be complex financial products, and it's important to carefully consider the terms and fees associated with any annuity before making a purchase. |
Why US?
Our solutions are customized to the specific needs of our clients. We only sell Guaranteed or Fixed products that protect our clients from loss. If you want growth potential and/or a lifelong income that will not lose value because of market fluctuations, we will have a strategy for that.
Our clients benefit from our wide selection tools offered by many carriers.
Our clients benefit from our wide selection tools offered by many carriers.
Types Available:
- MYGA- MYGA stands for Multi-Year Guaranteed Annuity, which is a type of fixed annuity that provides a guaranteed interest rate for a specific period of time.
- Fixed Annuity- A fixed annuity is a type of annuity contract that provides a guaranteed fixed rate of return on the annuity over a specific period of time.
- Fixed Index Annuity-A fixed index annuity (FIA) is a type of annuity that combines features of both fixed and variable annuities. With an FIA, the annuity issuer guarantees a minimum interest rate on the annuity, but the actual rate of return can also be tied to the performance of a stock market index, such as the S&P 500.
- SPIA- A Single Premium Immediate Annuity (SPIA) is a type of annuity that provides a guaranteed stream of income payments to the annuitant starting immediately or within one year of the annuity purchase.
We will Listen to YouIf you choose us, we will promise to listen to your needs. We don't have a sales pitch but rather an interview process that will help us determine the best solution for you. IF we don't have what you need, we will be the first to tell you!
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Our Customers Come FirstFor some, this is a slogan. For us, it is our commitment. Our goal is to find the very best solution for YOU. We believe that if we take care of you, our needs will be met. The Golden Rule is more than just words, it's in our name!
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We will Tell You the TruthOne thing you can count on is that we will tell you the truth. We believe that our integrity is worth much more than any amount of money. If we don't know the answer to your question, we will tell you so and will then work to find an answer.
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