Annuities
The purpose of a fixed annuity from a life insurance company is
to accumulate money on a tax-deferred basis for later pay out during
retirement in the form of income. Fixed annuities offer the
advantages of principal and minimum interest rate guarantees. Some
forms of fixed annuities, known as fixed index annuities provide the
opportunity to link some or all of their interest earning potential
to the performance of external indexes.
Benefits offered by annuities include:
- Tax-deferred growth potential
- Potential for indexed interest
- Guarantees to your principal
- The option to take a lifetime income stream
- Avoiding probate with a properly named beneficiary other than your estate
Contact a Corporate Risk Specialist today at info@underwritingpros.com .
