Fixed Annuities Throughout Sun Prairie
Have you begun to seriously consider your future finances? Have you planned out your future to make sure you have a stress-free retirement and a future for your kids that’s financially secure?
Navigating your finances isn’t simple. Choosing where your savings should be placed is a difficult question to answer. If you’re searching for help finding the answer to these questions, Retirement Income Strategies is here to offer help. Our financial professionals are here to help you create a brighter financial future.
One of the great financial products that we offer in Sun Prairie are fixed annuities. Fixed annuities may be unfamiliar to the general public. Our staff will help you learn about this product and work with you to decide if it is a good fit.
What are fixed annuities?
An annuity, much like an insurance policy, is a contract between a person and a financial institution. The individual will be given a lump sum or incremental payments after paying their premium for a predetermined time. Fixed annuities get their name from their interest rates that are locked in at the time of purchase. Anyone looking for a low-risk, predictable option will appreciate this investment.
Advantages of fixed annuities
Fixed annuities have several great benefits that make them a productive investment opportunity. Here are some of them:
- Security – You will receive a fixed interest rate and guaranteed return on your investment.
- Tax deferral – Every penny invested into your annuity will be safe from taxes until you withdraw your investment.
- Shelter from creditors – In most situations, creditors are barred from annuity investments. Annuities are safe from probate proceedings.
More Questions? Call Retirement Income Strategies for Answers
Please call our office today to schedule a consultation and learn more about fixed annuities.