Annuities 101

Are They Right For You?

For many people, annuities are a great investment as you can invest unlimited funds on a tax-deferred basis. A number of features can also be custom tailored to ensure your annuity is perfectly suited for your personal income requirements. Some of the advantages of having an annuity are:

•  Annuities are the safest way to guarantee a fixed monthly income for life.
  
  
•  Annuities are structured in a way so you will never outlive your capital.
  
  
•  Annuities require no medical examinations.
  
  
•  Annuities free you from the responsibility of money management and the headache of making your own investment decisions.
  
  
•  Many annuities offer tax benefits in that income tax payments are deferred. The advantage of tax deferral is that money you would otherwise pay in taxes every year is allowed to remain in your account, earning additional interest and creating further gains.