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Because of the risk of decrease in principal value of the underlying investments Annuities are Considered to be Securities and their sale and treatment are therefore governed by the Securities and Exchange Commission.
Get Annuity Quotes
After completing your Annuity Quote form you will be contacted
by a Friendly Annuity Professional who will assist you in selecting
the product that fits your needs.
Quotes & Service Provided for USA Residents 18 years and older
Free Annuity Information Buyer Guide with Your Quote
Benefits of Owning an Annuity
1. Income protection during retirement
2. Level payments during distribution
3. Tax-deferred growth
4. Many options for structure of annuities
5. Everyone needs a structured savings
6. Security & peace of Mind
Common Types of Annuities
1. Fixed Annuity- similar to a Bank CD, it requires a lump sum or rollover of funds into a tax deferred annuity and pays a guaranteed % of interest and sum
of money monthly.
2. Variable Annuity- works similar to a mutual fund with underlying stocks, bonds,cash etc. The value of the account rises or falls based on the performance of the underlying investments.
3. Immediate Annuity-an income annuity in which the owner immediately begins receiving payments, normally requires a lump sum deposit, It can sometimes even include a death benefit.
4. Deferred Annuity- requires a lump sum deposit or regular investment deposits and benefit payments are received at a future date, it can be fixed or variable in nature.
5. Equity Indexed Annuity- possibility of greater returns through an aggressive investment mix and thus possibility for greater returns as well as greater loss of principal.
How fast does a structured savings plan Grow?
Our Annuity Calculator will show how
compound interest works to accelerate your tax sheltered annuity into a substantial nestegg over time.
Things to know about Saving for Retirement!
1. Start - some people believe it takes a lot of money to make a difference.
2. Plan you lifestyle- determine the lifestyle you desire in retirement and structure your savings to match your goals.
3. Save a percentage of your income, when you retire you will be living on a % of your current earnings. Possibly 50-100% of your current income, multiplied by the yearly rate of inflation.
4. Save a consistent amount in a structured savings account.
5. Determine the possible unexpected costs associated with retirement and aging.
The opinions represented in this website are not recommendations for any specific investment but only opinion based on readily available public information.
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What is a Life Annuity and Who Needs One?
An Annuity is basically a retirement account which protects an individual against running short of income while they are still living. They are often referred to as Life Annuity or Lifetime Annuity because of this characteristic. This is quite the opposite of an insurance policy which pays upon the death of an individual. It is a life insurance contract guaranteeing the purchaser, or his or her beneficiary, payment in the future, usually during retirement. Annuities may be structured in different ways with different payout options. Funds invested in an annuity grow on a tax deferred basis. They are sold by insurance companies, brokers, and other financial institutions. Consider an Annuity to secure your future income and lifestyle.
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