Annuities If you are saving and investing money for retirement, and you are at all concerned with market risk and the safety of your money, watch this short video to learn about and understand the retirement contracts that guarantee lifetime income without investment risk.A recent study found that 67 percent of Americans indicated they would be willing to give up smaller pay increases in exchange for steady and reliable income in retirement. In the same study, 78 percent said the disappearance of pensions has made it harder to achieve the American dream.1 With pension offerings on the decline, you may want to consider a fixed income component to your financial strategy. In short, adding an annuity may be an opportunity to help ensure a portion of your retirement income will be guaranteed. * What is an Annuity? An annuity is a contract you purchase from an insurance company. For the premium you pay, you receive certain fixed and/or variable interest crediting options able to compound tax deferred until withdrawn. When you are ready to receive income distributions, this vehicle offers a variety of guaranteed payout options — some even for life. Most annuities have provisions that allow you to withdraw a percentage of the value of the contract each year up to a certain limit. However, withdrawals will reduce the contract value and the value of any protected benefits. Excess withdrawals above the restricted limit typically incur “surrender charges” within the first five to 15 years of the contract. Because they are designed as a long-term retirement income vehicle, annuity withdrawals made before age 59 ½ are subject to a 10 percent penalty fee, and all withdrawals may be subject to income taxes.Learn about the 6 Annuity Misconceptions You Need to KnowClick Here for ArticlePLEASE DO NOT PUT OFF FUTURE PLANNINGYour retirement lifestyle is in your hands, but it will take planning to get you to where you want to be. Hope is not a very reliable strategy, so if you want to own your future, you must begin to plan for retirement...today.We want to help. Please contact us by filling out the form below or by calling us at (888) 858-6236.We can meet with zero obligation on your part. If you can invest one hour today for a Customer Care Needs Analysis discussion, we can place you on the path towards owning your tomorrows.REQUEST CUSTOMER CARE NEEDS ANALYSIS Have a Question Name Email Address Phone Question Thank you! Oops!