Annuities

Do annuities have you confused? For starters, an annuity can create a steady retirement income from your investments and realize tax deferred benefits so you have more control over your retirement. However all annuity products are not the same. Which is why at Florida Insurance Advice, we have the ability to match you up with the right annuity from many top annuity providers from around the country so you know your savings is something you will never outlive.

For more information click here to get an annuity proposal

What is a Variable Annuity?

A variable annuity in simplest terms is a long-term contract between you and your insurance company in which you receive periodic payments for a lifetime. They also contain many different options that allow your investment to grow, be protected from market declines, and offer living death benefits.

Quick facts:

• One of the only investments you can buy that offer income for a lifetime no matter how long you live. Its like having your own personal pension.
• Offer a large range of professionally managed investment options which help grow and diversify your investment tax deferred.
• Ability to withdraw a portion of your account value each year if you so choose.
• Ability to protect your initial investment from market downturns and take advantage of and lock in market gains.

What is a Fixed Annuity?

Fixed annuities are designed with safety and predictability in mind. No matter what happens in the financial markets, your interest and principal are guaranteed. Instead of fluctuating with the market, your investment grows at a fixed interest rate so you know exactly how much money will be there for you come retirement.

Annuities are not for everyone. If you have any questions, click here to get more information.