Annuities Made Simple

Simply put, an annuity is a contract between an individual and an insurance company. It is designed to protect and grow their money, and then provide a stream of income during retirement. In fact, other than pensions, annuities are the only products that provide guaranteed lifetime income.

Annuity Basics: How do they work?
  1. An annuity is purchased by making a payment to an insurance company.
  2. The annuity can grow over time.
  3. The annuity is turned into a steady stream of retirement income payments.
Top 5 Annuity Myths To Ditch
Top 5 Annuity Myths To Ditch
Annuity advantages

Here are some basic reasons your clients might want to consider purchasing an annuity:

Protection and growth
With an annuity, your clients can grow their money while keeping it protected from loss.
Tax-deferral
Annuities offer tax-deferred growth, which allows your clients’ money to accumulate at a faster rate than it would in a taxable product.
Retirement income
Your clients can turn the money they’ve saved into a regular paycheck for a specified number of years or for life.
Death benefit
Annuities offer an efficient way to leave a legacy for loved ones.
Ready to learn more?

Check out our suite of Index Protector fee-based annuities.

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