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Annuity

There are in excess of 230 fixed index annuities available from over 30 different insurers  These index annuities differ with varying Participation Rates, Caps, Margins, minimum guarantees, available indices and crediting methods. Please Call, Email or Text to find the best opportunity for you. 

 
Immediate Annuity
In an immediate annuity, your income payments start right away (technically, anytime within 12 months of purchase). You choose whether you want income guaranteed for a specific number of years or for your lifetime. The insurance company calculates the amount of each income payment based on your purchase amount and your life expectancy.

 

Annuities are designed to give customers a long-term growth and retirement planning vehicle. They offer many benefits including tax deferral and retirement income.

Features and Benefits of an Annuity:

  • Tax deferral
  • Retirement income through systematic payouts, including lifetime guaranteed income options from annuitization
  • Variety of payout options
  • Penalty-free withdrawals by Company practice (available through most contracts)
  • The potential to avoid probate at death
  • Death Benefit

There are two two broad categories of annuities - fixed and variable annuities.

 

Fixed Annuities

 

  • Declare a current interest rate, Participation Rate, and/or Index Margin (depending on type of fixed annuity)
  • Guarantee a minimum rate of return
  • Guarantee a return of premium if held to term
  • Regulated as an insurance contract
  • No securities license is needed to sell
Includes fixed index annuities

 


Variable Annuities

 

  • Separate Account returns are based on market performance
  • Investor bears the market risk
  • Prior earnings and principal are subject to loss
  • Regulated as a security and an insurance contract
Securities license is necessary to sell

 

Index Annuity

 

Fixed annuities include both traditional fixed annuities and fixed index annuities. Because fixed index annuities include similar guarantees as a traditional fixed annuity, they are not considered a variable product, and therefore a securities license is not necessary to sell them. The main difference between a traditional fixed annuity and a fixed index annuity is that an index annuity's interest earnings are based on the performance of an external index, subject to Caps, Margins or Participation Rates, and the index accounts do not include a declared interest rate. Fixed Index Annuities are not an investment in the stock market. Index Values do not include dividends.

Index Annuity Features:

  • May credit excess interest based on index performance
  • Do not include a declared interest rate (in index account crediting method) 
  • No loss of premium due to market downturns
  • Guarantee a minimum rate of return
 

Index Mutual Fund

Fixed Index Annuity

Management Fees

Yes

No

Downside Market Risk

Yes

No

Past Interest Earnings Protected

No

Yes

Premium Protected From Market Risk

No

Yes

Includes Reinvested Dividends

Yes

No

 

There are in excess of 230 fixed index annuities available from over 30 different insurers These index annuities differ with varying Participation Rates, Caps, Margins, minimum guarantees, available indices and crediting methods. Please let us help you choose the best opportunity for you. Call, Email or Text today!