Annuities
Annuities can be a great way to make your money work, but many people may not understand the risks, rewards, or the workings of their annuities .Annuities are long-term investments designed specifically for retirement purposes. Depending on the type of annuity you choose, you can receive a stream of retirement income that’s guaranteed by the claims-paying ability of the issuing insurance company.
All annuity contract or rider guarantees, or annuity payout rates, are backed by the claims-paying ability of the issuing insurance company.
Many Benefits of Annuities
- Tax-deferred accumulation of earnings
- Alternative retirement savings vehicle once IRA and 401(k) contribution limits are reached
- May generate guaranteed lifetime income stream
- May help reduce your retirement portfolio’s volatility
Free Advice on Annuities and How to Invest in an Annuity
Talk with a QCI Advisor about how annuities can help provide guaranteed retirement income for you and your family.
