Annuities
Fixed Annuities:
Americans are living longer and enjoying better health. It is not uncommon for people reaching retirement age to live many years in good health. You want your income to last as long as you do and for your savings to have the purchasing power needed for your longer life. An annuity can be an excellent choice.
Because of this, annuities are an important part of any retirement plan. It can help you accumulate money while deferring taxes.
You should buy an annuity if you want to:
- Accumulate money income tax-deferred
- Have security from a down-turn in the Market
- Avoid probate
- Have guaranteed income for the rest of your life
Equity Indexed Annuities:
These annuities are underwritten by insurance companies and offer returns based on a specific equity-based index. These plans have many of the features of a fixed annuity including a minimum guaranteed interest rate, income tax- deferred accumulation, penalty free withdrawals, and a guaranteed income for life.
Benefits of Indexed Annuities:
- Safety of Premium
- Tax-deferred Accumulation
- Liquidity
- Guaranteed Income
- Indexed Accumulation
Because these plans have interest crediting based on an equity-based index such as the S&P 500, or other indexes, its accumulation gives the annuity owner the opportunity for growth based on a percentage of the selected market index while maintaining the safety of an insurance company issued annuity. You share in the gains of the market but are protected against the losses.
We offer a broad range of features among Indexed Annuities and you will want to review these in detail with your Ameri-Life representative.