Tax Deferred Annuities

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What is a Tax-Deferred Annuity?
401(k)s and IRAs are great for avoiding high taxes while saving for retirement, but there are limits on how much you can save. A tax-deferred annuity gives you another way to save that doesn't have these contribution limits, allowing you to save more and live better throughout your golden years.

Why is a Tax-Deferred Annuity so important?
Taxes can be a real drain, especially if you're in a higher tax bracket. Like it or not, that's money you'll never see again. Unfortunately, sponsored retirement savings plans have built-in restrictions, which can keep you from reaching your retirement income goals.

A tax-deferred annuity is the perfect compliment to existing retirement savings. You can defer more for later with fewer restrictions, all the while avoiding high taxes just as effectively as a 401(k). Instead of living within your means, you can look forward to retiring with confidence and security.

If you’re planning for retirement, you can obtain a free tax-deferred annuity quote by filling out the form to your right. Our team of highly skilled annuity specialists will work with you to develop a plan that fits your budget and income needs.

Tax Deferred Annuity Services
Retirement planning doesn’t have to be a hassle. With a variety of providers and options available, your annuity can be customized to meet your retirement income goals without exceeding your budget. Here are some annuity benefits you may not have known about:

• Guaranteed Income. Your annuity can be structured to pay out as a lump sum, for a fixed period of years, or even for the rest of your life, giving you income that you can’t outlive.
• Competitive Rate of Return. Most annuities return at a rate equal to or greater than Certificates of Deposit (CDs).
• Zero Risk. With a guaranteed minimum rate of return of 3% to 4%, you’re guaranteed to turn a profit no matter what.
• Tax-Deferral. Contributions to your annuity are not taxed until you withdraw.
• Medicaid Qualification. Your annuity can be structured to shelter assets, allowing you to qualify for Medicaid more easily without sacrificing quality of life. Probate Avoidance. By naming a beneficiary, your annuity can bypass the lengthy and potentially expensive probate process.
• Probate Avoidance. By naming a beneficiary, your annuity can bypass the lengthy and potentially expensive probate process.
• Liquidity. You can withdraw money from your annuity when you need it, subject to certain limitations.

To learn more about these and other benefits of our mortgage disability insurance plans, please fill out the form to your right.

Note: Not all benefits are available in every state. Please ask your mortgage life insurance specialist for more details.