Your Family Deserves the Best Coverage

What Are Annuities

An annuity is a type of financial product sold by insurance companies. It's essentially a contract between you and the insurance company, where you make a lump-sum payment or series of payments. In return, the insurance company promises to make periodic payments to you at some point in the future.

Get a Quote

Find the plan that works best for you

There are primarily two types of annuities we offer: immediate and deferred.

Immediate Annuities

You make a single payment to the insurance company, and they start paying you right away. These payments could last for a defined period (e.g., 10 years) or for the rest of your life.

Deferred Annuities

Payments from the insurance company are postponed to a later date. You make either a single payment or series of payments over a period of time, and the insurance company guarantees to make payments back to you at a pre-determined date in the future. These payments could be for a certain period or for the rest of your life.

Who Are Annuities For ?

Annuities can be useful for a variety of individuals. They're often used as a part of retirement planning since they can provide a steady stream of income. They can be particularly beneficial for individuals who:

Want to have a guaranteed income in retirement.

Have maxed out other tax-advantaged retirement accounts like 401(k)s or IRAs and are looking for additional ways to invest for retirement.

Want to manage their longevity risk (the risk of outliving their money).

Are in higher tax brackets and want to defer taxes.

Annuities can be complex and may have high fees, so it's always recommended to fully understand the product and evaluate it against your financial needs and goals.

CONNECT WITH JAMES TODAY FOR A FREE CONSULTATION

CALL