Annuities Made Simple
Your trusted source for annuity advice.
Why AnnuityPath?
Independent
AnnuityPath operates independently, offering a broad spectrum of annuity options from a wide-range of top-rated carriers. You can feel comfortable knowing our recommendations are made with third-party objectivity.
Experienced
Leveraging over 30 years of industry experience, our leadership team offers unparalleled expertise in every facet of the annuity business, delivering informed, reliable, and strategic advice to our valued clients consistently.
Transparent
We believe in clear communication and straightforward processes. From initial inquiries to product selection, we ensure you fully understand each step, providing you with trust, clarity, and confidence in your financial choices.
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Learn About Annuities
An annuity is a contract between you and an insurance company designed to help you achieve financial goals. You contribute money either as a lump sum or periodically, and it grows based on a fixed rate or linked to market performance. During the payout phase, the annuity distributes income. Payout options include lifetime income, joint life, or a set period. Annuities grow tax-deferred, offering flexibility and additional features like riders for extra benefits.
Understanding the various annuity types is crucial to aligning them with your financial goals. Each type serves a different purpose, whether you seek guaranteed returns, market-linked growth, or immediate income. Some annuities offer fixed or indexed returns with principal protection, while others may offer variable returns tied to market performance. It’s essential to assess your financial objectives and risk tolerance before choosing the annuity type that best fits your needs and strategy.
Annuities offer financial stability by protecting savings from market volatility. Fixed and fixed indexed annuities safeguard your principal, offering peace of mind during retirement. They also provide tax-deferred growth, meaning your contributions grow without immediate tax implications. Annuities can be structured for lifetime income, helping to cover essential expenses like housing and healthcare. The flexibility of annuities ensures they meet your long-term financial goals.
Annuities provide tax-deferred growth, meaning your contributions grow without being taxed until withdrawals are made. This can be advantageous if you’re in a high tax bracket now. When you take withdrawals, the earnings portion is taxed as ordinary income. If you inherit an annuity, your beneficiaries may be taxed based on how they receive the payments. Understanding the tax implications of annuities helps you optimize their benefits within your financial plan.
Case studies show how annuities can solve different financial challenges. Sarah, a 65-year-old retiree, invested $300,000 in an immediate annuity for guaranteed monthly income, helping cover essential expenses. Mike, 55, invested $100,000 in a fixed indexed annuity to protect his principal while allowing for market-linked growth. These real-life examples highlight how annuities provide reliable income and protection from market volatility, addressing various financial needs.
Are you curious how annuities might work for you?
