Annuities

• Immediate vs. Deferred Annuities

• Single vs. Multiple-Premium Annuities

1. Index growth focused

   Considered the least risky, fixed annuities guarantee income based on a minimum interest rate for the life of the contract. They provide stability and predictability.
   Start providing income payments shortly after a lump-sum investment.
   Payments begin at a future date, allowing your investment to grow tax-deferred until withdrawal.

2. lifetime income

   Positioned between fixed and variable annuities, indexed annuities offer more growth potential than fixed options while exposing you to less risk than variable options.

   Require a one-time lump-sum payment that grows over time.
   Allow you to spread your premium payments over a specified period, making it more manageable.

3. Index growth and income mixed

   Positioned between fixed and variable annuities, indexed annuities offer more growth potential than fixed options while exposing you to less risk than variable options.

   Require a one-time lump-sum payment that grows over time.
   Allow you to spread your premium payments over a specified period, making it more manageable.

When deciding on an annuity, consider the following factors:

• Protections, peace of mind, less stress, and guarantees: Annuities are time-sensitive strategies, making your retirement timeline essential in your decision-making.
• Your Earnings: Annuities can help you defer taxes on larger contributions, maximizing your investment potential.
• Your Retirement Goals: Clearly defined goals will guide your choice of annuity and its alignment with your overall financial strategy.
• Other Sources of Retirement Income: Assess how annuities fit into your broader income portfolio, including Social Security and pensions.
• Market Conditions: Be aware that various annuities are influenced by interest rates, tax rates, and market performance, which can affect your investment.