Annuities
Why have an annuity?
Annuities are financial products offered by insurance companies that provide a guaranteed stream of income for a specified period or for the rest of an individual’s life. They are often used as a tool for retirement planning and offer various benefits to investors.
What is an annuity?
An annuity is a secure, long-term investment that guarantees regular payments, helping you turn your savings into a reliable income stream for your future. Whether you’re planning for retirement or looking to protect your financial security, annuities offer peace of mind by ensuring that you won’t outlive your income.
Uses of Annuities
Annuities are powerful financial products designed to provide you with a steady income stream in retirement. Whether you seek guaranteed returns, growth potential, or flexibility, there’s an annuity tailored to meet your unique needs. Explore the options below.
Types Of Annuities
Fixed Annuities:
Secure Your Future with Guaranteed Income.
Enjoy peace of mind with a fixed annuity, offering a guaranteed interest rate and predictable payments. Ideal for conservative investors, fixed annuities provide stability and security, shielding you from market volatility. Perfect for those who prioritize reliability and want to know exactly how much they’ll receive every month.
Variable Annuities:
Tap into Market Potential for Greater Growth.
If you’re looking for higher growth potential and are comfortable with some market risk, variable annuities offer an exciting opportunity. With a variety of investment options similar to mutual funds, your returns—and retirement income—can grow based on market performance. Variable annuities often come with added benefits like death and living benefits, providing a blend of growth and protection.
N.B.: M.A.P. Advisory does not offer variable annuities.
Indexed Annuities (Equity-Indexed Annuities):
Balance Safety and Growth with Market-Linked Returns.
Looking for a balance between growth potential and protection? Indexed annuities offer returns tied to the performance of a stock market index, with a guaranteed minimum interest rate. Enjoy the upside of market gains while protecting your principal from downturns. A great option if you want to capture market growth without the full risk.
Immediate Annuities:
Turn Your Savings into Instant Income
Convert a lump sum of money into a reliable, immediate income stream with immediate annuities. Ideal for those nearing or in retirement, these annuities start paying out almost right away, providing a dependable source of income that you can count on month after month. Simplify your finances and enjoy a worry-free retirement.
Deferred Annuities:
Grow Your Wealth Tax-Deferred Until You Need It
Deferred annuities are perfect for those planning for the future. With the power of tax-deferred growth, your money has the potential to accumulate more over time. Choose from fixed, variable, or indexed options based on your risk tolerance and growth goals, and decide when you want your payments to begin. Ideal for building wealth and planning for a secure retirement.
Find the Perfect Annuity For Your Retirement Goals
Our annuity solutions are designed to provide you with security, growth, and peace of mind. Let us help you build a retirement income plan that suits your needs today!