Fixed Annuities Throughout Middleton
Have your finances been on your mind a lot recently? Do you have a plan for retirement that includes your children’s financial future?
Navigating your finances isn’t easy. It’s not easy to decide when and where you will invest your money. If you’re searching for answers to these questions, Retirement Income Strategies is here to offer assistance. Our financial professionals are here to help you create a brighter financial future.
One of the great financial products that we offer in Middleton are fixed annuities. Fixed annuities may be unfamiliar to most people. If you fit this criteria, we can help. We’ll teach you about fixed annuities and help you decide if it is the right choice for you.
What are fixed annuities?
Annuities operate as an agreement between an individual and a financial institution, similar to an insurance policy. The individual pays a premium that will, at a predetermined time, be returned to the individual with the additional value of the investment. A fixed annuity comes with an interest rate that is locked in (for a certain period of time) when the investment is agreed upon. Anyone looking for a low-risk, predictable option will appreciate this investment.
Advantages of fixed annuities
Fixed annuities have many great benefits that make them a productive investment option. Here are a few of them:
- Safety – With a fixed interest rate, you know what to expect down the road.
- Tax deferral – Every cent put into your annuity will be free from taxes until you withdraw your investment.
- Shelter from creditors – In most cases, creditors cannot touch annuity investments. Annuities are absolutely safe from probate proceedings.
More Questions? Call Retirement Income Strategies for Answers
Please contact our Middleton office today to schedule a consultation and learn more about fixed annuities.