is a contract issued by an insurance company that allows you to contribute funds, earn a guaranteed minimum interest rate, grow tax-deferred while in the accumulation phase, and provide you with a guaranteed income for a period of time or for the rest of your life. No other investment or bank account offers you this level of flexibility, guaranteed benefits, tax-deferral and the ability to received a life income that you can't outlive!
Consider an annuity!
Annuities can help manage your taxes by postponing taxes due on earnings until they are withdrawn.
Annuities add these other powerful benefits:
||No required distributions at age 70½.
||Option of guaranteed income for life.
||A guaranteed fixed rate of return in a fixed annuity (and as an
option in many variable annuities).
||A death benefit that passes account values to beneficiaries, and
which may avoid probate, but is not tax free.
When you purchase an annuity, it is considered to be either a
annuity or an immediate annuity. A deferred annuity provides you with the
opportunity to let the premium accumulate interest and grow. An immediate
annuity provides you with a specified, guaranteed income stream
immediately (the payments usually begin within 30 days from
purchase). Deferred annuities can be annuitized, which means that you may
request to have a guaranteed income stream from that point going forward.
Some insurance companies prohibit annuitization of deferred contracts in
the first 12 months, while other carriers have no such restrictions.
At Term Life Online.com...
We have a full portfolio of annuities for your review and purchase. There are many different types of annuities with various features, benefits and surrender schedules. Since we are an independent agency, we have the ability to represent many of the top insurance carriers in America. Therefore we have the ability to shop the best annuity for your investment objective needs!
Please feel free to call us to review your annuity options. You may also
complete the online annuity request form to help our Financial
Professionals better understand your needs and objectives. We're here to
help you reach your goals.