Annuities are unique, powerful investments that provide a meaningful alternative to both Fixed CD's and traditional market investments.
Tax Deferred Growth
Annuity values grow tax deferred. This means money thay you would ordinarily pay in taxes each year continues to earn interest.
With an annuity, the competitive interest rates can be guaranteed for long periods of time. This provides you with higher consistency than a CD, which must be renewed at a new rate each year.
Annuities pay directly to your beneficiaries at your passing. This is superior to other types of Investments which must pass through a will, trust, or probate court.
One of the most under-utilized features of an annuity is the ability to create a guaranteed income from it. Through Annuitization, the insurance company will guarantee you a monthly income for either a period of years or for the rest of your life. In most modern annuities, this income can be matched to keep pace with inflation. If you're concerned about outliving your retirement funds, annuitization can be a powerful safeguard.
Tax Free Death Benefit
Death benefits are paid tax free directly to your beneficiaries, avoiding both Uncle Sam and probate attorneys.
Tax Deferred Growth
Cash values grow tax deferred. This means money that you would ordinarily pay in taxes each year continues to earn interest.
One of the biggest advantages is the ability to pay a small amount of premium for a large amount of benefit.
High Rate of Return
Building on levered benefits - Life Insurance can create a phenomenal Internal rate of return. This is what you'd have to earn investing on you own to equal the policy death benefit.
Estate Protection & Conservation
Life Insurance provides a phenomenal way to protect and conserve one's estate. The estate tax is the most cruel and unfair tax on the books, it's a tax on everything you own. Through its tax free death benefit, using life insurance can help alleviate (and sometimes eliminate) that burden. We can specifically design a plan for your estate.
Types of Annuities
Fixed annuities offer a set interest rate for a certain period of years. We offer annuities with multi-year guaranteed interest rates from two years up to 15 years. Annuity rate tend to be significantly more competitive than CD rates.
These annuities credit interest based on the movements of the market, with one important difference: you cannot take a loss. If the market moves up, you are credited the gain. If the market falls, you are locked in on a yearly basis and cannot take a loss of principal.
Immediate annuities provide the investor with an immediate income. This income can last for a period of years or for the rest of your life. Ask us today for more information about an income you can't outlive.