Annuities and IRAs are supplements to pensions, Social Security, and savings that help you realize the kind of retirement you desire. Financial Insurance Brokers offers a variety of options including fixed annuities, variable annuities, other annuities, standard IRAs, and Roth IRAs.
Fixed Index Annuities
An annuity allows an insurance company to invest your money for you. Income on annuities are not taxed — based on the annuity you choose, you may receive regular payments depending on the success of the investments.
Once a year, you can choose the percentage you want to allocate for 1-Year Fixed, S&P 500, Deutsche Bank CROCI Sectors II Index and Morgan Stanley Diversified Select Index.
An IRA holds a variety of investment products, which allows you to save money for retirement with certain tax advantages. IRAs have some restrictions and limitations on contribution limits, eligibility, and access funds.
With this IRA, you make tax-deductible contributions and receive tax-deferred earnings.
With this IRA, your earnings are tax-deferred while they grow with possible tax-free distributions. Contributions are not tax-deductible.