Madison Variable Annuities
Have you started to actively plan a strategy for your financial future? Do you know how to save for retirement? People are living longer and longer lives today, which means that smart retirement decisions are more important than ever before.
But that doesn’t mean that making the right decision is a piece of cake. There are many different options to consider in order to do the right thing. Retirement Income Strategies aims to help provide answers to these questions by guiding our clients in Madison to annuities, life insurance, and other financial products. With a variable annuity, many of our clients have been able to get closer to financial stability.
If you could have a retirement that was 100% financially secure, what would you do with it? This is more than just a dream. Retirement Income Strategies can help make this scenario become a reality.
One great option for financial planning are variable annuities. Our financial professionals can help you learn what you need to know about these annuities, without bogging you down with confusing information.
As you may have guessed, there is a lot of variability involved with variable annuities. A variable annuity can either be paid for with a large payment or several smaller payments. This may sound exactly like other annuities, and there multiple parallels between the two (tax deferment, the choice of lump sums or regular payments are two examples), but there are big differences between the two types of investments.
One difference is the death benefit. This benefit functions by giving a specified amount to your beneficiary if you die before the insurer has made payments to you.
There are more variables. Variable annuities mix features of life insurance, tax-deferred retirement savings plans, and mutual funds. Contact Retirement Income Strategies, Madison’s trusted financial professionals, to learn more about available investment opportunities.