| ||||||||||||
|
AnnuitiesBuying annuities has never been easier than with AnnuityAdvantage.com, your complete one-stop annuities shopping service. Confused about annuities? You’re not alone. Many people have difficulty understanding them. The main reason for all the confusion: Annuities may be single premium or flexible premium; fixed or variable; deferred or immediate. No matter the type, annuities are financial contracts with an insurance company whose tax-deferred growth is designed to be a source of retirement income. The information contained on this web site can assist you in deciding if annuities are right for you and help you to choose the type of annuities that best meet your needs. Many people today are using tax-deferred annuities as the foundation of their overall financial plan instead of certificates of deposit or savings accounts.
Much like a CD is a contract between you and a bank, annuities are long-term contracts between you and an insurance company.
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
taxes due on the interest earned until the interest is withdrawn. By postponing the
tax with tax-deferred annuities, your money compounds faster because you can earn interest on dollars that would have otherwise been paid to the IRS. Later, if you decide to take a monthly income, your taxes can be less because they will be spread out over a period of years. Like Certificates of Deposits, annuities have a penalty for early
surrender. However, most annuities have liberal penalty free withdrawal
provisions. For a listing of our "Top 10 Annuities" and "Annuities of the Month", visit our Home Page. To see a complete and expansive listing of available annuities by category, click on one of the following links: Our annuities service is always FREE and you will never incur any type of sales charge or load fee. If you prefer the assistance of a live Annuities Specialist, you can always call our Annuities Information Center toll-free at 1-800-239-0356. At Annuity Advantage, you can compare over 300 CD-type annuities, fixed annuities, equity indexed annuities and immediate annuities. |
Send email to
webmaster@annuityadvantage.com with
questions or comments about this web site.
|
|