Annuities & Investing
Understanding Annuities: A Guide to Securing Your Future Income
An annuity is a financial contract between you and an insurance company. It allows you to make a lump-sum payment or a series of payments, in exchange for regular disbursements starting either immediately or at a future date. An annuity is designed to provide a steady stream of income, typically during retirement.
At Deasy Wealth Group, we understand the importance of securing your future income. An annuity is a great option for individuals who want to ensure they have a regular stream of income during retirement. We offer several types of annuities that can be tailored to meet your specific needs.
Types of Annuities
Immediate Annuities: These annuities begin paying out immediately after purchase. This is a great option for individuals who need income right away.
Deferred Annuities: These annuities allow you to accumulate funds on a tax-deferred basis, and then receive payments at a predetermined future date.
Fixed Annuities: These annuities provide a fixed rate of return, which can be a good option for individuals who want a guaranteed income stream.
Variable Annuities: These annuities allow you to invest in a variety of investment options, which can potentially provide a higher rate of return.
At Deasy Wealth Group, we can help you determine which annuity is right for you. Our experts will take the time to understand your financial goals and help you choose an annuity that meets your needs.
Contact us today to learn more about our annuity options and how we can help you secure your future income.