Florida Indexed Annuity Insurance

Indexed Annuities

What are indexed annuities? Indexed Annuities have been around since 1995 and are safe money policies that are designed to allow the client to save money on a tax-deferred basis for future retirement lifetime income.

A very important benefit of this product is that your premium and credited interest can never be lost due to index volatility. When you purchase an index annuity, you own an annuity contract backed by the insurance company and not shares of stocks or indexes.

What are the benefits of Annuities?

  • Guarantee of Principal
  • Pays up to a 10% bonus
  • 7% compounded income growth
  • Can double your income for LTC
  • Avoidance Of Probate
  • Can help reduce social security taxes
  • Liquidity
  • Guaranteed Income
  • 10% free withdrawal

How is my money invested? Most indexed annuities allow you to invest in various indexes like the S&P 500, Russell 2000, and DJIA to name a few. You will also have a fixed return option as well.

Some Features of the Indexed Annuity

Lifetime Income Benefit Rider - This rider can be added to your contract that allows you to take a lifetime income from your annuity without losing control of your retirement assets. This is possible because the lifetime income is in the form of regular withdrawals from your contract rather than annuitized payments. At this time the current interest rate for the income rider is 8% of the compounded value each year.

Bonus on your money - Most indexed annuities offer some kind of bonus that can be as high as 10% on monies invested into the policy. Further details can be explained for how to qualify for the maximum bonus.

Indexed Annuities offer liquidity - All annuities have some form of surrender or partial withdrawal penalty, however, you are allowed to withdraw up to 10% free after the first anniversary and subsequent years. In addition, most indexed annuities allow up to 100% if you are confined to a nursing home or you have been diagnosed with a terminal illness.

When your values grow to the desired amount, we can then turn your nest egg into a lifetime income. This lifetime income payment once started will be sent to you for life. A spousal rider can usually be added to the contract as well for payments to continue to the remaining spouse.

Do you have enough to retire comfortably?

Have you given up on the dream of a comfortable retirement? Don't! Annuities were created to help you save for retirement and produce a vital stream of income for your golden years.

Over 43% of American workers have less than $10,000 saved for retirement, according to a recent report by the EBRI. Without your own savings, you will be forced to try and manage your retirement with only a social security check.

Annuities are tax-deferred savings accounts that anyone can take advantage of to replace retirement accounts that were decimated by the stock market or just never funded.

You may be thinking that social security will take care of you during retirement. Social security only covers an average 40% of your retirement living expenses. And the wait to start these benefits keeps getting longer and longer.

Annuities have no maximum contribution limits and offer a variety of growth choices along with options to generate a paycheck each month after you retire. You control when you take income withdrawals.

If you are already retired, you may be able to move your retirement savings account into an annuity to immediately create monthly income that you can use.

Here are two reasons to act now!

  1. The longer you wait, the more you need to put away. Begin building your retirement immediately with an annuity.
  2. We will give you a no-risk retirement projection within a day. Just complete this short form and we'll show you how you can use annuities to achieve the retirement you need.