Annuity is a small part of the financial world and many people may not realize their true potential. Annuities are a financial product which can be sold by banks or companies that offer investors a fixed stream of payments/income and are primarily used by for retirees to supplement their income. They help retirees address the possibility of outliving their savings after having been retired for 10-20 years. They are an excellent and reliable way of receiving a steady cash flow for a retiree, as annuities cannot outlive their income stream. Annuities have accumulation phase, which is when the annuity is funded by the holder and once payments start, the phase is called annuitization.
An example of a fixed annuity policy is an individual pays a lump sum investment of $220,000 and received $5,500 a month for a fixed period after. The income received from the annuity is typically 59.5 years and will stay for life. The earlier a person invests in an annuity, the bigger the payout per month will be after they qualify. For the best outcome, it is advisable to invest as soon as possible due to the higher payout.
72% of Americans admit to feeling behind or not sure if their retirement savings will last them through retirement.
During one’s life, plans change over time. 48% of Americans have stopped working earlier than they had originally planned, attributing it to a wide range of health reasons or losing one’s job.
Our company has the perfect product, able to adopt to changing lifestyles and retirement needs. No one can never truly know what will happen before or during retirement and it is expected things will change in one way or another. The company’s annuities, which are fixed indexed annuity, can be used as a flexible solution by being able conform to every situation that may arise, expected and unexpected. The situations that can be covered by our products range greatly and are able to adopt to growth and income. It ensures our clients get the flexibility, confidence and security they need. The sooner you invest in an annuity, the sooner we can help you and your family during your time of finance need.
You can invest in our products and be assured that it will be protected for years to come from any losses and volatility of the stock market. Although it is a possibility that you can earn a zero interest rate during an economic decline, you will never lose money on an investment with our company. The interest that is earned during the good years is simply locked into the investment and will not be lost in any situation, which means the earlier you invest, the more locked in periods and accrued interest your annuity will have by the time you qualify, benefiting you and your family in the future.
By investing in our products, you will receive a paycheck during retirement that is practically guaranteed, unlike traditional returns of the stock market, especially during times of economic despair. Our company will be able to create a steady and secure stream of income during the golden years of retirement with the possibility of growth income. For example, if the stock market returns are -10% in the month of December, the rate of return of your annuity will be guaranteed to be 4%-7%, regardless of the market.By having a guaranteed income during hard economic times, you will ensure that you and your loved ones will have a stable household that includes a house, warmth, and food, all because of the annuity you have invested in.
Our company understands the needs of our clients and you will have access to your funds during times of need. Every person’s situation can change, whether it is planned or not and we help you and your family though these changes.
One of the benefits we pass on to our clients is we have no recurring fees and percentages associated with our products. Many typical financial products such as mutual funds, index funds, and exchange traded funds have yearly fees, which can range from 1%-3% per year. Overtime, the percentage can add up to $100,000 or more depending on the fund even when the market is in decline. Annuities don’t take a percentage of your hard earned money and instead, is invested in the annuity. Not taking a large portion of your money also means more capital is available for you and your family.
As an added bonus to passing on savings to our clients, we also offer our clients a 20% bonus. It is incredibly rare for companies to offer a 20% bonus on annuities in the industry and it is also one of the aspects our company is differentiated with others.
One of the benefits of annuities is increasing its value with interest credits. Individuals with annuities are able to earn interest by allotting the annuities amassed value to interest crediting strategies. The amassed value would equate to the initial investing made in the annuity, plus the interest you have earned. By doing this, it gives you a compounding effect to your investment.
Our company’s products offer a wide variety of 1 and 2 year annuities that are index interest crediting strategies. This allows our clients to earn interest partially based on the increasing value of the stock market index and due to the nature of annuities, you are guaranteed to never lose money.
Our annuities offer a fixed interest income, which provides a guaranteed level of income, allowing you to plan your retirement with security in mind. The company declares the rate for the annuities each year. By declaring the yearly rate, you are then able to calculate the total return of your portfolio, ensuring you are staying ahead of the curve and making sure your family has a certain level of guaranteed income no matter the circumstance your family may face in the future.
One of the key benefits of annuities is you will not be exposed to stock market and single stock volatility, similar to what happens in traditional portfolios. Your investment in our company’s annuity is guaranteed not to lose any value in the chance the stock market sees any declines. You and your family will never suffer the consequences of the decline of the stock market and will instead go through a stable time.
When you invest in our annuities, income and death benefit riders are included within the package at no added cost. A benefit based is added for your rider when you purchase your annuity. This further increases the benefits for you and your family in the future, allowing you to have guaranteed income in any situation.
The benefit base would be equal to the premium that is used to purchase the annuity and on top of that would be an added bonus.
The original value would help determine the lifetime income withdrawal amount, along with the rider death benefits. It does not have a value in anyway and cannot be withdrawn as a lump sum.
All annuities come with a waiting period and ours are no different. Our products have a waiting period before clients can start withdrawing funds from their annuities. The withdraws can only happen if you hold your annuities until the end of the withdrawal period and be 50 years of age or higher before you are eligible before you are able to use the riders income benefit. Your annuity has time to grow during these waiting periods, accumulating interest over decades is vital for future growth. The bigger the initial investment, the higher the income payment or death benefit could be once you start withdrawing your funds.
Your original amount will remain accumulating interest credits, along with your typical retirement income. Before being able to earn an income from annuities, your original amount will increase by 175% of any interest credits added to the annuities value. Your original amount will continue to grow by 175% even after you start to earn an income from it, providing you with enhanced death benefit, which is especially beneficial during your family’s needs.
As an investor in annuities, you can create an income from the withdrawals, in which you cannot live without. The income will last you a lifetime and you will never have to worry about the investment taking a downturn or never receiving a certain level of payment from your annuity. By having an annuity, you and your family can have peace of mind with our guaranteed income, while also not worrying about the decline of the overall market.
Once the waiting period is over, you can finally see the benefits of investing in annuities years before. The amount of income you are able to withdraw from the plan depends entirely on the original amount that was invested, at what age you start receiving the income.
By choosing a single withdraw, you would only be getting income for one individual. By choosing a joint life withdrawals, the income will be received by two individuals, proving a guaranteed stream of income for you and for your spouse. The payments can be received by the recipient monthly, quarterly or yearly. Many couples choose the joint life withdraws, which would ensure your loved one has a safe, reliable and guaranteed income for life.
With our product, your income could increase, even after you start the lifetime income withdrawals. The reason your income could increase is because each year, your income amount may grow 100% of the interest rate that is credited to the accumulated value. In the slight chance that the accumulated value becomes zero, there is still a chance to receive an increase. Keep in mind, although the accumulated value becomes zero, you and your family will not be losing any capital in the process, ensuring your investment with us is safe and sound.
When investing in annuities, the income you receive will last you a lifetime. Our clients will never have to worry about the annuity running out of funds in the distant future.
You and your family can always rely on income from annuity, regardless of what is happening to the market.
There are certain requirements that will need to be met in order to double your maximum lifetime income withdrawal amount, until your accounts accumulated value reaches zero.Unlike other annuity companies, the enhanced income benefit rider is included within the package for free.
You can withdraw more than 10% of your initial premium or 10% of the annuities’ accumulated value each year. This can be done without having a withdrawal charge or market value adjustments. However, the withdrawn funds cannot exceed the current accumulated value.
If you are faced with a hard situation, we can still help. If you exceed the free withdrawal amount, a withdrawal charge and market value adjustment will need to be applied to the amount that is over the free withdrawal amount limit.
However, the withdrawn funds cannot exceed the current accumulated value.
Annuities have many advantages, but one of the most significant ones is it protects you from market declines. Traditional investment vehicles such as 401k, IRA, and TSP’s are related to the stock market, so when the stock market see’s significant declines, your portfolio will see massive declines, as evident in economic declines on 2000 and 2008. You and your family can rest assured that this is not the case with annuities as they will never lose value during an economic downturn. Your loved ones can go through downturns without worrying about their income.
Along with protecting your portfolio from market decline, annuities also provide a steady, secure and stable income throughout difficult economic times, both for you, your spouse and loved ones. While others are seeing their retirement account decline by 30%, 40% and 50%, you will enjoy returns of 4%-7%.
If our company lowers the declared 1 year point-to-point index strategy annual cap rate below the bailout cap rate, you will be able to get full access to the annuity’s accumulated value without any charges and fees for up to 30 days. The statement remains true after the anniversary of the contract, in which the bailout cap rate was achieved. After the 30 day window, all charges and market value adjustments will start to apply.
The contract minimum will ensure you receive the minimum interest rate on a percentage of the premium when adjusted for the withdrawals. This will ensure you get a certain amount at a particular time and nothing less.By having a guaranteed contract minimum, you and your family will never have to worry about where your income will come from by allowing you peace of mind during economic hardships, no matter what they are.
If you are confined to a healthcare facility, you are eligible to withdraw 100% of your annuity’s value. This benefit is also available to you and your family if you have been confined for 60 consecutive days any time after the first contract year and meet other requirements. If you meet the requirements, you will not be charged any penalties or market value adjustments.
You are able to withdraw 100% of the accumulated value of the annuity if you are in the unfortunate event that you are diagnosed with a terminal illness that is expected to result in death within one year and meet the requirements. Similar to the confinement waiver, you will not be charged any penalties or market value adjustments in this situation.We know a terminal illness is an incredibly tragic thing a family will go through and with our annuity, your family will not have the added stress of where their next income will come from when you and your family are invested in us.
Although we take care of every client, we understand sometimes surrendering a contract is required. In this case, our company will pay you the cash value of the surrendered contract. The cash surrender value is equal to the greater of the following values, which are defined in the contract:
We offer you, your family and loved ones a guaranteed income for life, at reasonable rates of returns, with no unnecessary fees. We offer certainty in uncertain situations, whether you lose your job, have an accident or simply wanting to scale back work and enjoy life. No matter what the circumstance is, annuities will help finance you through the situations in which you will encounter.