7 Tips for Buying the Right Annuity

7 Tips for Buying the Right Annuity.mp4 from Mary Ladmirault-Sullivan on Vimeo.

Did you know that an annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments? Let us show you how a fixed index annuity could help you receive an income for life without giving up control of your hard-earned money, how beneficiaries can stretch receipt of IRA assets over their life expectancies for ongoing tax advantages, how deferred annuities are different, how the value of a deferred annuity changes and the smart and conservative approaches for long-term benefits.

Before You Decide

If you are considering purchasing an annuity, call us to discuss the following:

  • The rating of the insurance company (indicating their financial strength) issuing the annuity, particularly in the case of a fixed annuity.
  • Understand the fees you will pay.
  • Understand that if you are considering a withdrawal from an annuity it may be subject to taxes and a 10% federal penalty if taken prior to 59 1/2 years of age

* Annuity guarantees rely on the financial stability and claims paying ability of the issuing insurance company.

Start today by using our Life Settlement Calculator for an instant pricing estimate.

Get a free Life Settlement estimate

Related Articles

We're here to help.

Contact us for more information on our insurance products. Or shop our products directly and request a convenient self-service quote here.