At Anders & Anders Financial Group, we strive to help you achieve your financial goals by providing you with personalized options. Annuities are among the many options available to individuals who are interested in long-term wealth accumulation. For a more in-depth discussion of the different types of annuities available to you, and the risks and benefits of each, we encourage you to schedule an appointment with a qualified member of our team. We will take the time to examine your situation, discuss your goals with you, and provide advice on an investment strategy designed to help achieve those goals.
For a brief overview of what an annuity is, how it works, what types of annuities are out there, and the differences between them, click here.
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***There may be a surrender charge imposed during the first 5 to 7 years that you own the contract. Withdrawals prior to age 59 may result in a 10% federal tax penalty, in addition to any ordinary income tax. The guarantee of the annuity is backed by the claims-paying ability of the issuing insurance company. Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation.
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