Annuities
Retirement Income
Social Security may not be enough to support you in retirement. To ensure that you don't outlive your funds, an annuity might offer consistent income.
Estate Planning
If you pass away, annuities may be able to pay your beneficiaries money without the need for a probate court order in specific circumstances.
Tax Deferral
Taxes on investment profits in an annuity are not due until the money is withdrawn.
HOW DOES IT WORK
What Are Annuities?
A long-term financial contract known as an annuity might offer you a stream of payments in the future in exchange for a current investment. Retirement income, estate planning, and tax deferral can all be aided by annuities.