Annuities

ANNUITIES

DO I NEED AN ANNUITY?
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The two primary reasons to have an Annuity are:

*You want to save money tax-deferred for a long-range security goal.

*You want a guaranteed income stream for a certain period of time or for life.

The two primary reasons to have an Annuity are:

*You want to save money tax-deferred for a long-range security goal.

*You want a guaranteed income stream for a certain period of time or for life.

The two primary reasons to have an Annuity are:

*You want to save money tax-deferred for a long-range security goal.

*You want a guaranteed income stream for a certain period of time or for life.

BASIC COMPONENTS OF AN ANNUITY CONTRACT
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There are basically three components to an Annuity:

*The Accumulation phase- The money you put into the annuity earns interest and grow tax-deferred, you won’t owe taxes until you make withdrawals.

*The Payout phase- The insurance company pays income to a designated person and typically have the flexibility to choose how the funds will be paid.

*Rate Of Return- The guaranteed interest rate or chosen allocation term and participation rate.

There are basically three components to an Annuity:

*The Accumulation phase- The money you put into the annuity earns interest and grow tax-deferred, you won’t owe taxes until you make withdrawals.

*The Payout phase- The insurance company pays income to a designated person and typically have the flexibility to choose how the funds will be paid.

*Rate Of Return- The guaranteed interest rate or chosen allocation term and participation rate.

There are basically three components to an Annuity:

*The Accumulation phase- The money you put into the annuity earns interest and grow tax-deferred, you won’t owe taxes until you make withdrawals.

*The Payout phase- The insurance company pays income to a designated person and typically have the flexibility to choose how the funds will be paid.

*Rate Of Return- The guaranteed interest rate or chosen allocation term and participation rate.

ANNUITY PAYMENTS
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There are two common ways Annuity payments are distributed:

*Immediate- Payments begin almost immediately following the premium payment.

*Deferred- When the contract is opened, a term is chosen, which is the number of years until the principal is guaranteed and the surrender period is finished.

There are two common ways Annuity payments are distributed:

*Immediate- Payments begin almost immediately following the premium payment.

*Deferred- When the contract is opened, a term is chosen, which is the number of years until the principal is guaranteed and the surrender period is finished.

There are two common ways Annuity payments are distributed:

*Immediate- Payments begin almost immediately following the premium payment.

*Deferred- When the contract is opened, a term is chosen, which is the number of years until the principal is guaranteed and the surrender period is finished.

IMMEDIATE ANNUITIES
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Single Premium Immediate Annuity- A SPIA is an insurance product that provides the buyer a guaranteed stream of income in exchange for a lump sum of money. The buyer can choose to be paid over a certain period of years or lifetime.

Single Premium Immediate Annuity- A SPIA is an insurance product that provides the buyer a guaranteed stream of income in exchange for a lump sum of money. The buyer can choose to be paid over a certain period of years or lifetime.

Single Premium Immediate Annuity- A SPIA is an insurance product that provides the buyer a guaranteed stream of income in exchange for a lump sum of money. The buyer can choose to be paid over a certain period of years or lifetime.

FIXED ANNUITY
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Fixed Annuity or Multi Year Guaranteed Annuity- A MYGA is an insurance product that promises to pay the buyer a specific guaranteed interest rate on their contribution to the account following the completion of designated accumulation period of the contract.

Fixed Annuity or Multi Year Guaranteed Annuity- A MYGA is an insurance product that promises to pay the buyer a specific guaranteed interest rate on their contribution to the account following the completion of designated accumulation period of the contract.

Fixed Annuity or Multi Year Guaranteed Annuity- A MYGA is an insurance product that promises to pay the buyer a specific guaranteed interest rate on their contribution to the account following the completion of designated accumulation period of the contract.

FIXED INDEXED ANNUITY
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Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

FIXED INDEXED ANNUITY
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Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

Fixed Indexed Annuity- A FIA is a long-term investment that provides principal protection, guaranteed lifetime income, and the opportunity for growth from a fixed interest rate or interest based on the performance of an external index. Assets are not directly invested in an external index, and interest is tax-deferred.

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Fixed Index Annuity

In addition to Social Security and an employer sponsored defined contribution plan, a great way to supplement
your individual retirement savings leg is with a fixed indexed annuity (FIA). FIAs are insurance products designed for long-term savings and income. Consider these benefits:

In addition to Social Security and an employer sponsored defined contribution plan, a great way to supplement
your individual retirement savings leg is with a fixed indexed annuity (FIA). FIAs are insurance products designed for long-term savings and income. Consider these benefits:

In addition to Social Security and an employer sponsored defined contribution plan, a great way to supplement your individual retirement savings leg is with a fixed indexed annuity (FIA). FIAs are insurance products designed for long-term savings and income. Consider these benefits:

Opportunity for Growth —

An annuity grows tax deferred and will not be taxed until money is withdrawn. Fixed indexed annuities offer both fixed (a guaranteed rate of return set by the insurance company) and indexed interest crediting strategies. If an indexed option is chosen, interest may be credited to the annuity based, in part, on the upward movement of an external market index, such as the S&P 500®. This may provide an opportunity for additional growth inside the contract.

An annuity grows tax deferred and will not be taxed until money is withdrawn. Fixed indexed annuities offer both fixed (a guaranteed rate of return set by the insurance company) and indexed interest crediting strategies. If an indexed option is chosen, interest may be credited to the annuity based, in part, on the upward movement of an external market index, such as the S&P 500®. This may provide an opportunity for additional growth inside the contract.

An annuity grows tax deferred and will not be taxed until money is withdrawn. Fixed indexed annuities offer both fixed (a guaranteed rate of return set by the insurance company) and indexed interest crediting strategies. If an indexed option is chosen, interest may be credited to the annuity based, in part, on the upward movement of an external market index, such as the S&P 500®. This may provide an opportunity for additional growth inside the contract.

No Downside Market Risk —

FIA interest credits are subject to limitations such as caps, spreads and participation rates, but the advantage is that your money is protected from loss due to stock market downturns. Adding an annuity to the mix can be advantageous, especially in an unpredictable market.

FIA interest credits are subject to limitations such as caps, spreads and participation rates, but the advantage is that your money is protected from loss due to stock market downturns. Adding an annuity to the mix can be advantageous, especially in an unpredictable market.

FIA interest credits are subject to limitations such as caps, spreads and participation rates, but the advantage is that your money is protected from loss due to stock market downturns. Adding an annuity to the mix can be advantageous, especially in an unpredictable market.

Guaranteed Lifetime Income —

When an annuity is annuitized, benefits can mirror the lifetime income of a defined benefit pension plan and Social Security when a lifetime income option is chosen. This means you can receive income for the remainder of your life — regardless of how long that may be.

When an annuity is annuitized, benefits can mirror the lifetime income of a defined benefit pension plan and Social Security when a lifetime income option is chosen. This means you can receive income for the remainder of your life — regardless of how long that may be.

When an annuity is annuitized, benefits can mirror the lifetime income of a defined benefit pension plan and Social Security when a lifetime income option is chosen. This means you can receive income for the remainder of your life — regardless of how long that may be.

Flexibility —

There are optional income riders, available for a charge, that can be added to an annuity that can also provide guaranteed lifetime income without annuitizing the contract. Adding this rider allows you to customize the timing and amounts of your retirement income. They may also offer additional features such as inflation protection, confinement benefits and death benefits.

There are optional income riders, available for a charge, that can be added to an annuity that can also provide guaranteed lifetime income without annuitizing the contract. Adding this rider allows you to customize the timing and amounts of your retirement income. They may also offer additional features such as inflation protection, confinement benefits and death benefits.

There are optional income riders, available for a charge, that can be added to an annuity that can also provide guaranteed lifetime income without annuitizing the contract. Adding this rider allows you to customize the timing and amounts of your retirement income. They may also offer additional features such as inflation protection, confinement benefits and death benefits.

Qualified Funding —

Assets from employer-sponsored defined contribution plans may be rolled over into a qualified IRA. An annuity can be used to fund an IRA. This option allows you to retain control of your assets and continue to enjoy tax deferral on any growth.

Assets from employer-sponsored defined contribution plans may be rolled over into a qualified IRA. An annuity can be used to fund an IRA. This option allows you to retain control of your assets and continue to enjoy tax deferral on any growth.

Assets from employer-sponsored defined contribution plans may be rolled over into a qualified IRA. An annuity can be used to fund an IRA. This option allows you to retain control of your assets and continue to enjoy tax deferral on any growth.

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NOTICE:  Annuities are products of the insurance industry and are not guaranteed by any bank nor insured by FDIC or the NCUA/NCUSIF. They may lose value. Annuities have no bank or credit union guarantee, not a deposit, and not insured by any federal government agency. May only be offered by a licensed insurance agent.

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Questions or Comments

I welcome your questions or comments regarding Annuities.  Thank you!

Contact

brians@socali4niainsurance.com  (951) 204-2745

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