Why Should I Purchase an Annuity?

Annuities are a popular option for retirement planning. They offer many benefits, but understanding them can be a little confusing. These are some of the reasons we most often hear from our clients who choose to purchase annuities.

Annuities Offer Tax-Deferred Earnings The money you earn in an annuity accumulates without taxes as long as it remains in the annuity. You only pay taxes on the income when you withdraw it from the annuity. For many people, this translates to lower taxes on those earnings in the future.

Annuities Provide Retirement Income When you buy an annuity, you are essentially buying guaranteed retirement income. The amount of the annuity payments is dependent on the amount in your fund and your life expectancy. This gives you a measure of control over your future income.

Annuities Are Versatile Annuities are not one-size-fits-all. There are many ways to structure the initial payments as well as the payouts. Our agents can work with you to find the right annuity for your specific needs.

Want to know more? Contact us to learn more about how an annuity can benefit you and help you plan for the future.

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Risk Ink Solutions

Tim Posey

t.posey@riskinksolutions.com

601.835.5070