• - Guaranteed protection of principal
    - Up to 8% compounded growth for income accounts
    - Guaranteed income that you can never outlive
    - Participation in market gains
    - No participation in market losses

  • has partnered with one of the largest and most experienced annuity agent networks in the entire country. Let one of our experts guide you through the annuity investing experience.

  • Safe money solutions for your savings and retirement income can be reality...
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Beware of the disadvantages for certain types of Annuities

As with any financial product or investment medium there are always pros and cons. It is important to understand that all annuities are not created equal and certain types of annuites are more advantagous than others. Investors must consider the drawbacks of certain types of annuities when considering an annuity purchase. An annuity expert can assist an investor in understanding these drawbacks and how they might apply to your unique financial situation and goals. Some of the drawbacks of annuities are as follows:

  • Depending on the type of annuity you may face high surrender charges if you withdraw money early. Generally surrender chargers graduate to a lower percent each year that you are vested in the annuity.
  • Make sure and do your homework if you are considering a variable annuity. Variable annuities can have high annual fees, including management, investment and rider fees. When added up these fees can diminish investment gains, as a result many annuity experts do not sell variable annuities
  • Like other retirement accounts, such as 401(k), annuities have a 10% early withdrawal penalty imposed by the IRS if you withdraw before age 59 1/2.
  • Distributed interest gains from annuities are taxed at regular income tax rates based on your tax bracket compared to other types of investments that are taxed at the capital gains rates. Depending on your unique situation this may be a drawback or in some cases a benefit.
Are annuities right for you? Talk to an annuity expert today to see if annuities would be a good addition to your investment portfolio.

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Contact works with exlusive annuity agents that are proven experts in providing safe money and lifetime income solutions using products from top rated annuity companies. The number one priority for our annuity experts is to evaluate the unique needs of every customer and provide the most fitting annuity products to meet those needs. Get your free annuity quote today!! Facebook Logo