Annuities

Protected and Indexed Growth

The introduction of annuity products and strategies has changed how we view portfolio diversification. It’s no longer limited to a traditional mix of stocks and bonds. Annuities now provide an alternative asset class with the potential for growth and protection. Annuities are contracts with major insurance carriers, and those with a proven track record of supporting these contracts offer different features within their annuity products. Instead of investing directly in the market, annuities can offer a reliable and flexible way to diversify your portfolio.

Protected Principal

Annuities offer principal protection, which guarantees your funds and accumulated growth under the terms of the contract, supported by the issuing insurance company's claims-paying ability. Unlike traditional investments in stocks, mutual funds, index funds, and more, annuities can protect your funds and accumulated growth from market downturns.

Guaranteed Growth

Annuities usually offer a guaranteed rate of growth, based on the claims-paying ability of the issuing insurance carrier. This growth is safeguarded, enabling you to benefit from the annuity's upside and growth potential without the associated risks of the stock market. Certain annuities may also provide immediate bonuses. Our team can assist you in exploring your options based on your unique situation and financial goals.

A Lifetime of Income

During retirement, when it is important to have multiple sources of income, an annuity can serve as an additional stream of income that you will not outlive. Because annuities are funded with post-tax dollars, the income stream is usually tax-free, giving you have a clear understanding of the total you will receive during retirement to support yourself.

Links to an Index

Some annuities, called fixed-indexed annuities, have the potential to increase in value based on a predetermined index rate. For instance, if an annuity is linked to the S&P 500, you may be able to benefit from its growth while still safeguarding your investment in the event of a market downturn. This allows you to capitalize on market gains while minimizing some of the risks that come with market investments. It's important to note that indexed annuities are contractual agreements governed by the terms outlined by insurance companies.