Annuities are one tool many people use to help themselves achieve financial independence. Annuities are the only financial instruments that can guarantee you won't outlive your assets. All guarantees are based on the claims-paying ability of the insurer.
Annuities are offered in many forms and can be used for many different purposes. They can provide for:
Wealth accumulation -
By earning interest on principal, on interest, and on deferred taxes.
By offering a choice of strategies -- dollar cost averaging, asset allocation and re-balancing.
Wealth preservation -
Through Living Benefit Riders that can guarantee growth, protect principal.
By providing a lifetime income stream with inflation protection.
Wealth transfer -
A spouse can continue the contract upon annuitant's death.
Beneficiary arrangements can control payments at death, they're available to trust and non-spouse beneficiaries.
There are very few investment or savings vehicles that are able offer the combination of safety and tax-deferred growth that annuities do.
Many people are unfamiliar with annuities. You can learn much more about them by referring to the articles about them in the Info Center on this website. Please feel free to call our office with questions and for personal service.