Annuities are investment products offered by insurance companies, designed to help individuals create a guaranteed income stream or build a retirement nest egg. These financial instruments can be compared to creating your own pension fund or IRA. With a variety of annuity options available, investors can achieve a wide range of retirement goals.
Annuities can be an ideal choice for investors seeking a reliable and guaranteed income source for the rest of their lives.
Annuities offer the advantage of tax-deferred growth, allowing investors to save more for retirement without being taxed on the earnings until the funds are withdrawn.
Investors looking for asset protection with the potential for growth can benefit from annuities, as they provide a level of security while still offering the possibility of financial growth.