A fixed annuity can help you accumulate tax-deferred earnings as part of your overall retirement plan. Annuities offer the opportunity for lifetime payments and tax-deferred earnings, and provide a guaranteed death benefit for your beneficiaries. All guarantees are backed by the continued claims-paying ability of the issuing insurance company.
You may want to consider investing in an annuity as part of your long-term financial strategy if:
You’re in a higher tax bracket, and want to defer additional income.
You’ve reached your deductible limit on all your retirement accounts and wish to save more for retirement.
An annuity is different from most other retirement savings vehicles — it’s actually a contract between you and an insurance company. In return for making one or more premium payments, the insurance company agrees to provide you an income stream — usually during retirement. You can elect to receive payment all at once or as a series of payments, even for the rest of your life.
Gillman Insurance Problem Solvers offers free, comparative quotes on fixed annuities from multiple insurance carriers so you can get the best possible rate.
The attack on Israel and its people, and the resulting war and bloodshed are an enormous tragedy. We join the US government and global community in condemning the horrific attacks on Israel and stand in solidarity with the Israeli people.
If you would like to donate in support of Israeli soldiers as well as families of the wounded and dead, please do so to the Friends of IDF (Israel Defense Fund).