Annuities
have become increasingly popular for two reasons:
|
1. |
Higher
interest rates than most savings accounts. |
2. |
No
taxes on earned interest until it is withdrawn. |
We offer single premium and multiple premium fixed annuities. These
are excellent investments for people of any age who want maximum
protection/low risk of their investment. |
The 4 main uses of our annuities are in these areas:
|
A. |
Payments
into a non-qualified retirement plan. Workers who want to save for
retirement with "after tax" dollars. There are no limitations
to contribution amounts.
|
B. |
Making
a single large investment. Some people are looking for a tax sheltered
way to safely invest a sum of money. This money could come from
an inheritance, a big bonus or commission, the sale of an asset,
or even a CD.
|
C. |
Distributions
from qualified retirement plans. Most people don't need the money
that they receive when they do their mandatory distributions after
reaching age 70½. This is an excellent way to re-invest in
a tax-sheltered way.
|
D. |
Making
the IRA contributions for a working child or grand child. This is
a wonderful way to help the following generation(s) get a head-start
on retirement! |