Retirement Annuities

Annuities sometimes get a bad rap because people have been told you have to annuitize them to get an income from them. Insurance Companies have made many improvements to annuities over the years. We sell two types of annuities: Fixed and Indexed. These two plans are available in both flexible premium and single premium. Most annuities have surrender charges.

Fixed Annuity

Fixed Annuities have a guarantee of principal, and usually have a minimum interest rate and then pay a bonus interest based on the bond market.

Indexed Annuity

Indexed Annuities usually only have deposit guarantee, but have the potential of earning a higher interest in the market while guaranteeing no loss of principle. Indexed Annuities have a lot of variations from the fees to a cap on the amount of interest that can be earned. We do have NO FEE and NO CAP annuities available.