Annuities offer a guaranteed income for life, making them an excellent tool for retirement planning and wealth preservation.
How Annuities Work
An annuity is a financial contract where you make lump-sum payments or installments to an insurance company in exchange for guaranteed income over time.
Provides consistent income during retirement
Protects against outliving your savings
Tax-deferred growth options
Can be customized for your financial goals
Types of Annuities
Fixed Annuities
Predictable, guaranteed payments
Secure investment with no market risk
Indexed Annuities
Growth potential linked to a market index with protection from loss
Earn interest based on index performance without risking principal
