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Life Insurance

Annuities

Insurance contracts offering lifetime income guarantees, serving as retirement supplements or additional savings vehicles.

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Retirement Income

Annuity Options

Annuities are insurance products designed to provide guaranteed income for retirement. They can be particularly valuable for people who have maxed out their 401(k) and IRA contributions and want additional tax-advantaged savings.

With an annuity, you invest a sum of money with an insurance company, and they guarantee to pay you income for life or a set period. This eliminates the worry of outliving your savings - a key concern for retirees.

Types of Annuities

Fixed Annuities

Guaranteed fixed interest rate for a set period. Safe and predictable growth with no market risk.

Fixed Indexed Annuities

Returns tied to a market index like the S&P 500 with protection against losses.

Variable Annuities

Invest in sub-accounts similar to mutual funds. Higher growth potential with more risk.

Immediate Annuities

Start receiving income payments right away in exchange for a lump sum.

Benefits of Annuities

Guaranteed lifetime income
Tax-deferred growth
No contribution limits
Protection from market losses (fixed/indexed)
Death benefit for beneficiaries
Various payout options
Supplement Social Security and pensions
Principal protection options

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Secure Your Retirement Income

Explore annuity options that provide guaranteed income you can't outlive.