Annuity News

When Does My Money Mature

An annuity policy does not "mature" like a bond or certificate of deposit. Both your principal and interest will automatically continue to earn interest until withdrawn or you reach age 100. You can let your money continue to grow, make withdrawals, or begin receiving an annuity income at any time.

2017-06-02T15:50:37+00:00 June 2nd, 2017|Categories: Annuity News|

No More 1099’s

There is no withholding tax while your annuity is compounding; it is completely tax-deferred. If you request a distribution (random withdrawals or annuity income), taxes will be withheld - unless you elect differently. Your election not to withdraw can be made at the time you make your request. Because the interest is tax-deferred, it is

2017-06-02T15:50:13+00:00 June 2nd, 2017|Categories: Annuity News|


Your tax-deferred annuity is safe. A qualified legal reserve life insurance company is required to meet its contractual obligations to you. These reserves must, at all times, be equal to the withdrawal value of your annuity policy. In addition to reserves, state law also requires certain levels of capital and surplus to further increase policyholder

2017-06-02T15:49:55+00:00 June 2nd, 2017|Categories: Annuity News|

Tax-Deferred vs. Fully Taxable

Compare the Return $107,297 Accumulated in a Tax-Deferred Annuity $71,966 Accumulated in a Taxable Account The Difference: $35,331 Note: That at an annuities guaranteed rate of 4%, the return after 25 years would be $66,646.  

2017-06-02T15:49:33+00:00 June 2nd, 2017|Categories: Annuity News|

The Tax-Deferred Advantage

To illustrate the increased earnings capacity of tax-deferred interest, compare it to a fully-taxable earnings. $25,000 at 6.0% will earn $1,500 of interest in a year. A 28% tax bracket means that approximately $420 of those earnings will be lost in taxes, leaving only $1,080 to compound the next year. If these same earnings were

2017-06-02T15:49:00+00:00 June 2nd, 2017|Categories: Annuity News|

Tax Advantages

You pay NO taxes while your money is compounding. You can also pay a lower tax on random withdrawals because you control the tax year in which the withdrawals are made, and only pay taxes on the interest withdrawn, Tax deferral gives you control over an important expense - your taxes. Any time you control

2017-06-02T15:48:40+00:00 June 2nd, 2017|Categories: Annuity News|

Savings Advantages of a Tax-Deferred Annuity

Many use a tax-deferred, single premium annuity as the foundation of their overall financial plan instead of certificates of deposit or savings accounts. Although CD's and Annuities are very similar there are significant differences between the two. The most important difference is that annuities allow for the deferral of the taxes due on the interest

2017-06-02T15:47:38+00:00 June 2nd, 2017|Categories: Annuity News|

What is a Fixed Tax-Deferred Annuity?

A fixed deferred annuity also referred to as a tax-deferred annuity or a deferred single premium annuity, is a contract between you and an insurance company for a guaranteed interest bearing policy with guaranteed income options. The insurance company credits interest, and you don't pay taxes on the earnings until you make a withdrawal or

2017-06-02T15:47:17+00:00 June 2nd, 2017|Categories: Annuity News|
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