Fixed Annuities Throughout De Forest
Have you begun to seriously consider your financial future? Do you have a retirement plan that includes your children’s financial future?
It’s not simple to navigate the world of finances. Determining where your hard-earned capital should be placed is a difficult question to answer. If you are searching for help finding the answer to these questions, Retirement Income Strategies is here to offer help. As financial professionals, we’ll help you balance your financial future.
For many of our De Forest clients, investing in fixed annuities is a great choice for planning for the future. Like other annuities, fixed annuities are unfamiliar to many people. Our team can help you learn about this product and work with you to decide if it is the right choice.
What are fixed annuities?
An annuity, similar to life insurance, is a contract between a person and a financial institution. The individual pays a premium that will, at a predetermined date, be returned to the individual with the additional value of the investment. A fixed annuity includes an interest rate that is set (for a set period of time) when the investment is made. This provides the owner with safety and predictability.
Advantages of fixed annuities
Fixed annuities have many great advantages that make them an attractive investment opportunity. Here are a few:
- Security – You know exactly what to expect with this kind of investment.
- Tax deferral – Every penny invested into your annuity will be safe from taxes until you withdraw your investment.
- Shelter from creditors – In most cases, creditors are barred from annuity investments. Annuities are absolutely safe from probate proceedings.
Contact Retirement Income Strategies
Ready to learn more about fixed annuities in De Forest? Please call our office today.