ANNUITIES

Your Source of Protection

Unlike retirement plans, there is no limit to how much money you can put into your annuities! Many clients choose to have multiple annuities. Equity index annuities are great candidates for the 401K and IRA rollovers that we offer. The number of annuity products on the market today can make selecting the most suitable annuity a confusing process!

Types Of Annuities

Equity-Indexed Annuity: a "hybrid" type of annuity, most often used to create a private pension. During the accumulation period, your money is safe in the insurance company's general account (NOT in the stock market) and is able to participate in partial stock market gains but NOT in the losses. These gains are locked in every year and cannot be lost. After the accumulation period of your choosing, the insurance company will make periodic payments to you under the terms of your contract, unless you choose to receive a lump sum.

Fixed Annuity: The insurance company guarantees that you will earn a minimum rate of interest during the accumulation phase of the annuity. Plus, it guarantees that the periodic payments will be a set amount. These periodic payments may last for a definite period, such as 20 years, or an indefinite period, such as your lifetime or the lifetime of you and your spouse.

Before You Decide

If you are considering purchasing an annuity call us to discuss the following:

The rating of the insurance company (indicating their financial strength) issuing the annuity, particularly in the case of a fixed annuity.

Understand that if you are considering a withdrawal from an annuity it may be subject to taxes and a 10% federal penalty if taken prior to 59 1/2 years of age.

* Annuity guarantees rely on the financial stability and claims paying ability of the issuing insurance company.

For additional information about annuities you can visit www.sec.gov/answers/annuity.htm