Insurance Consultants International Blog

Annuities

Definition of Annuities

An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. Annuities typically offer tax-deferred growth […]

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Comparison between annuities to certificate of deposits

Not all retirement products are created equal. Before deciding which products may be best for you. It’s imporatnt to know what you would like to accomplish in retirement. Other times CD’s are thought of as the only option to provide security and guaranteed growth. However, fixed deferred annuities offer security  and guaranteed growth and tax beneffits, […]

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ANNUITIES

The current interest is extremely low, therefore there are opportunities to purchase ANNUITIES. There are conservative individuals that are seeking a safe an higher interest  on their life savings. Individuals that spend more money on medications requires to save more of the future and the annuities may be the answer in accumulating higher interest. There are […]

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