Annuties

An annuity is an investment contract or policy between you and a life insurance company. Annuities can be a useful tool for retirement planning.

Save tax-free
Annuities enable you to save money on a tax-deferred basis. You will not pay taxes until you begin to withdraw your money. There are no limits on the amount you can put into an annuity.
Provides benefits to your heirs
If you die before you start to collect on the annuity, it pays your heirs the amount you invested plus interest or the market value of the funds in your account.
Offers an array of investment options
You determine how much you want to invest in an annuity and the amount of investment risk you are willing to take.
Why should I consider purchasing an annuity?
You may need to protect yourself against outliving your assets, even if you have diligently saved for your retirement.