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Annunities
Guaranteed Income for Life

Will Your Retirement Income Last?

Millions of Americans will retire without knowing whether they will have enough money to cover their expenses. You don’t have to be one of them! Annuities are flexible products and, depending on the type, can meet your needs for protected lifetime income, growth, and downside protection.

WHY ADD AN ANNUITY?

Your retirement portfolio may include stocks, bonds and mutual funds that all play a part in helping you achieve a successful retirement. However, you may want to consider adding an annuity, which can complement your portfolio by providing attributes for retirement that those categories do not offer.

The biggest advantages annuities offer is that they allow you to sock away a larger amount of cash and defer paying taxes. Unlike other tax-deferred retirement accounts such as 401(k)s and IRAs, there is no annual contribution limit for an annuity.

IS AN ANNUITY RIGHT FOR YOU?

Retiring comfortably is a goal shared by most. Annuities can provide protected lifetime income every month with growth potential. Contact our financial professionals to determine if an annuity could help your retirement plan.

YOU MAY NOT BE FAMILIAR with annuities, but they have a rich history dating back to Ancient Rome. In fact, millions of Americans currently use annuities to help their retirement savings grow and to create protected income that can help cover essential expenses and contribute to a more enjoyable retirement.

In its simplest terms, an annuity is a contract between an individual (or married couple) and a life insurance company. You can purchase an annuity with a portion of your retirement savings in either a single payment or with multiple payments, depending on the type of annuity. Once you own an annuity, any growth in your account may be on a tax-deferred basis while you continue to have control of your money, as needed.

Annuities can be an important part of a diversified retirement portfolio because they can ensure that your retirement income is protected even when there are downturns in the market. So no matter how your other retirement investments perform, annuities can provide you with a source of protected lifetime income that few other financial products can offer.

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