Annuities can be financial staples in post-retirement life and can prevent you from outliving your income. Keystone Insurers Group is here to make it easy for you to get the right products to have a happy and stress free retirement.
An annuity is an insurance service provided to you to ensure that you will be financially stable throughout your retirement. Basically, an annuity is an insurance contract that you pay into in order to receive a supplement to your regular earnings after you retire.
There are several kinds of annuities to choose from, but the two most popular are fixed annuity and variable annuity.
Fixed Index Annuities offer potential retirees:
- Tax Deferral Benefits
- Guaranteed Income
- Stock Market Growth Potential
Compared to a fixed annuity, a variable annuity is more like making an investment. The amount of return on a variable annuity depends on the performance of the investment you choose (i.e. mutual funds, bonds, etc.). You can also receive a death benefit with a variable annuity – should you pass, your beneficiaries receive the payments. Like fixed annuities, the money within your variable annuity is not taxed until you withdraw it.
Contact us today for more information about our annuities rates. You can get annuity quotes online by simply filling out our form. We look forward to helping you plan your future!