Annuities are long-term investments designed for retirement planning. They are a contract between you and an insurance company, under which the insurer agrees to make periodic payments to you. Annuities have the potential to grow tax-deferred, have death benefits to protect your beneficiary and optional living benefits to protect your retirement income. Annuities are still one of the most misunderstood but versatile financial products available today. And now more than ever, the time may be right to take a look at what annuities have to offer.
A fixed annuity is a policy that you can purchase, and get paid a fixed, stated rate of return. This type of annuity is great for people looking for tax-deferred growth & want a fixed rate of return. With a “minimum” guarantee rate your money will always grow.
Fixed index annuities offer guaranteed annual interest rate and earnings potential linked to participation in the growth. Suitable for those looking for tax-deferred growth and a minimum interest rate guarantee, but also the potential benefit from rising markets.
For someone with a lump sum of money and is interested in immediately turning that it into a guaranteed income stream. It does not accumulate any earnings at all. It strictly provides an income payment on a regular basis which begins right away.
Call Best Insurance USA toll free at (800) 490-0971 today to find out which options are right for you.