HELP SOLVE RETIREMENT PLAN PAYOUTS WITH AN ANNUITY
A common concern among future retirees is payout -- specifically the distribution of retirement savings after your paychecks cease.
If you're concerned about the amount or timing of retirement pay, consider an annuity as a complement to your current plan. Annuities serve the same function as other retirement plans, but without their limitations on how much of your money you can invest. They give investors the opportunity to contribute significant savings and enjoy greater control over how much is paid out and how.
Annuities are managed by insurance companies, which guarantee specific payouts depending on the type of annuity you select. You determine the level of risk through your choice of annuities; and under current tax law most annuities grow tax deferred, meaning that you pay taxes on the profits later, instead of yearly.
As with any investment, the level of risk associated with an annuity depends on the level of risk you're willing to accept when investing. To discover which of the many types of annuities can help you meet your retirement goals most effectively, feel free to get in touch with our service team today.