Fixed Index Annuities are not investments - they are simply an interest-bearing account issued by an insurance company. Since Fixed Index Annuities are not Investments your money is not at MARKET RISK AND NOT ON THE LOCK DOWN FROM RECEIVEING LOW OR NO RETURNS ON YOUR INVESTMENTS.
In fact, Fixed Indexes Annuities have LIFETIME GUARANTEED INCOME.
Yes, this is a great thing! - Having money that you can have and withdraw from in the future.
Retirement is more than life after work. It’s about enjoying the lifestyle you worked for, knowing that the money you earned is safe and the income you plan to live on is guaranteed.
Every retirement is different, each with its own financial goals and unique needs. But, many of today’s retirement objectives are the same--- asset protection, growth opportunities and a reliable income source.
That is why many Americans are turning to fixed index annuities. Fixed Index Annuities help millions of people reach their retirement goals and help provide that financial security and offers the guaranteed benefits like guaranteed income they cannot outlive along with:
A fixed index annuity is a contract backed by the financial strength and claims paying ability of the issuing insurance company. This guarantees contract owners a retirement vehicle designed to protect assets while allowing for growth opportunities. It does this through a combination of powerful Fixed Annuity Benefits:
A fixed index annuity offers a powerful combination of benefits that help protect against many of today's common retirement concerns.
Principal Protection: Premium payments are secure, and each year any interest credited to the contract is locked in and cannot be lost due to index volatility.
Guaranteed income: Flexible payout options available, including lifelong paychecks.
Tax-deferred Growth: Taxes are not paid on the interest the contract earns until any distribution occurs. This enables faster growth by allowing crediting interest to compound over time.
Liquidity: Each contract defines various opportunities to withdraw funds, such as Penalty- Free Withdrawals, Partial Withdraws, qualified care and life income options. (Subject to applicable Surrender Charges.)
May Avoid Probate: If applicable, beneficiaries receive any remaining value in the contract while avoiding the expense time spent in probate.
The retirement product is purchased with an insurance provider that, in turn, guarantees principal protection, tax-deferred growth on assets and a reliable income stream. Throughout the course of the contract, the fixed index annuity can earn additional interest credits based, in part, on index increases.
As an insurance product, the fixed index annuity is not directly tied to any index. So, there are none of the exposure risks associated with direct stock or share ownership. The Annuity cannot lose money due to index volatility and the interest credited will never be less than zero.
Do you know how much money you will need in retirement? Have you considered what could happen if you outlive your retirement savings?
No matter how well you plan factors like inflation, tax hikes and increased medical expenses can potentially eat away at your retirement savings, forcing you to suffer a lower quality of life or rely on your family for financial support in your golden years.
An annuity can help you avoid a future dilemma and safeguard your financial security by providing you with guaranteed income throughout retirement.
In fact, you can structure an annuity to pay for the rest of your life, even if you live to be age 100.
You can also use annuities to transfer wealth to the generations while avoiding probate.
The best part? There are no monthly premiums, and your annuity is guaranteed to never lose money.
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