What is a fixed annuity?
A fixed annuity is a retirement vehicle with earnings that are based on a guaranteed minimum interest rate. Fixed annuities can be some of the safest and most secure financial products available to help prepare for your retirement. Increases in value accumulate on a tax-deferred basis until you take a withdrawal or income payment. Income payments can be taken over the course of your life or for a set period of time. Types of fixed annuities include deferred, immediate, bonus, and equity-indexed.
What is an immediate annuity?
Immediate annuities come with a guaranteed minimum interest rate. With an immediate annuity, you can typically take income payments right away. Payments are taxed as income.
What is a multi-year guarantee annuity?
Multi-year guaranteed annuities typically offer a higher fixed yield than many other annuity products. You can also choose between a one-year rate and a multi-year rate guarantee structure. Multi-year guarantee annuities help ensure that you will have a specific amount of money in the future, without linking to a market index.
What is an equity-indexed annuity?
Equity-indexed annuities come with a minimum interest rate. With an equity-indexed annuity, you have the opportunity to enhance your retirement income by participating in an insurance product that is linked to the performance of a stock market index with the premium protected against market index risk. The gains from market index participation are tax-deferred until you take a withdrawal or an income payment.
What is the accumulation phase?
During the accumulation phase, your money will grow, tax-deferred, as you invest your assets in a wide variety of investment options. You only pay taxes when you take withdrawals.
Can I make changes to my investment options?
Yes. Contact your financial professional to make changes to your investment options or to transfer funds to additional investment options.
“I am happy in today’s world to be able to compliment someone, not everyone enjoys doing what they do as Lisa did. I am on disability, was in the insurance field years ago in the 70’s and then went into the medical field and finished as a clinical supervisor. I know what I expected of my staff and Lisa exceeded all expectations. We just found your site the other night but I can assure you as our needs come up for different things we WILL be calling ALLIANCE.”
D. Clair – Florida“Felicia was a wonderful agent and helpful at every time. I would highly recommend getting your insurance needs met here.”
S. Miller – Jacksonville, FLYou were willing to take this bull by the horns and run with it when no one else was interested. You have no idea how HAPPY I am right now. I have been fighting this battle for over a month and you came through. You diffidently will be my first contact for any future insurance needs and I WILL refer my friends to you.”
Dennis A. – TampaAlliance Insurance saved me over $500 a year on my auto insurance. Plus they were able to get me affordable home insurance and flood insurance to cover all my needs. Thanks to Pearce and all the crew at Alliance Insurance.”
David L. – St AugustineAlliance Insurance saved me hundreds on my Workers Comp, General Liability, Group Health and Commercial Auto and Insurance needs. Thanks Alliance. I will be recommending you to all my friends.
Tory H. – OrlandoMy Agent at Alliance Insurance shopped all the Auto and Home Insurance companies to see who gave me the best rate and plan. Alliance’s agents are knowledgeable and very polite. I will put all my insurance’s with Alliance. Thanks for the savings!”
John H. – JacksonvilleAlliance Insurance is the place to shop for all your insurance needs. I packaged my home and auto together and saved over $300 a year. My agent shopped around and got me the best rate. I would recommend everyone to use Alliance Insurance for finding the best insurance rates.
Mary S. – Tampa, FLI just saved over $400 on my Homeowners Insurance Florida with Alliance Insurance. My agent was very helpful, got me discounts I did not even know about and shopped all the carriers to make sure I was getting the best deal. Thanks Alliance! I will recommend you to everyone.
Joan P. – Orlando, FLYou all have access to the most companies and got us the best price on our coverage.
Jay Johnston, Jacksonville, Fl
