GOAL : RETIRE STRESS-FREE

Take some worry out of your plan, get a customized plan featuring Guaranteed Lifetime Income.

Create a retirement plan that tackles the stress test…

Don't outlive your savings.

Guaranteed lifetime income. For real? Many Fixed Index Annuities offer Lifetime Income contracts with terms that can ensure you receive a monthly check so you don’t outlive your money. When you die, your beneficiaries receive any balance.

Create an income stream when you're ready.

You can choose when to start your income with a deferred income annuity. The timing can be based on your goals and needs.

Protection from devastating Long-term Care costs.

Many products offer riders that increase your income payment should you need money for the burdensome costs of long-term care. Depending on the contract, only a doctor’s note may be required to access funds for memory loss or when you are unable to carry out 2 of 6 activities of daily living: bathing, dressing, eating, toileting. transferring & continence. Have LTC? Use this rider in conjunction with your elimination period.

Is my principle safe? Will I lose money?

Immediate, fixed, and fixed index annuities are guaranteed by the insurance company that issues the contract. Your principal is protected by the claims-paying ability of that company. Of course, excess withdrawals may result in surrender charges and if you are under 59 1/2 and make withdrawals, you are subject to additional tax penalties.

Continued growth with market-linked accounts.

Inflation risk is real. How do you retain the purchasing power of your hard-earned money? With market-linked accounts, we allocate a percentage of your annuity savings to an index of your choosing. Interest is credited to your account if there is a positive performance. No negatives here…you cannot lose principle – only earn interest where applicable. These Fixed Index Annuity features help ensure our clients’ income grows as the cost of living increases.

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Can I lose money with a Fixed Index Annuity?

What will happen to my money if I become ill or pass away?

Many products waive or reduce surrender charges for terminally ill or chronically ill contract holders. Some annuity products offer riders enhancing your income stream during a qualified health event. There is typically a death benefit provision for beneficiaries although terms and conditions will vary from product to product. With so many options and features, it is important to have a well-researched annuity strategy designed to meet your needs. Most importantly, before purchasing any contract, be sure you understand the terms of the contract and how it affects you.

Will my income change over time with a Fixed Index Annuity with Income Rider?

Market-linked or Fixed Index Annuities have the ability to increase over time through interest credited to your account depending on the performance of index you choose. Additionally, your income can increase by delaying taking the income for a longer period of time. The growth in these annuity products may provide some protection against inflation. Large, unscheduled withdrawals outside of the income plan can affect your income payment. Once you start taking income, your cash flow will not decrease.

Will I lose access to my money?

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You want to make sure you select the right annuity type and features for your goals, needs and financial situation. Typically, annuities are long-term contracts that are meant to grow without large withdrawals impacting their value but many offer up to a 10% annual withdrawal without penalty (although there could be tax implications for withdrawals on IRAs) . You do have the ability to get more (or all) but you’ll pay a surrender charge that will decrease over time until the surrender period is over. This could be between 3-12 years depending on the product. There are certain circumstances such as terminal illness or nursing home admission, that may qualify for waiver of surrender charges. Most importantly, you should not purchase an annuity with money you think you may need in the near future.

How does our firm get paid?

We are fiduciary client advisors which means we work for you, not the insurance carriers and we take that responsibility very seriously. We work with dozens of carriers to find the right product for your needs. The carriers we represent and the products we sell are commission-based products which means the carrier pays us a percentage of the premium. We also manage investment portfolios for our clients through a registered investment advisor which results in a management fee of 1.5% based on the overall account value.

Any comments regarding safe or secure investments or guarantees of income refer only to fixed insurance products and do not refer in any way to securities or investment advisory products. Fixed index annuities with income riders are long-term investments and are not a direct or indirect investment in the stock market and while protecting principal against all stock market losses, will in almost all cases earn a lower rate of return than the stock market in positive stock market growth years, meaning you will not receive full stock market participation. Income riders in a fixed index annuity may provide a specified and guaranteed lifetime income amount and a specified and guaranteed “roll-up rate” that increases the guaranteed minimum withdrawal benefit which increases future guaranteed lifetime income, but is not available in a lump sum. These are considered a return of capital and not a return on capital. Fixed indexed annuities typically contain a margin/spread/asset or administrative that subtracts a set percentage from the gain in the index being tracked. These features reduce your return in the same way that a direct fee would even if the annuity is called a “no fee” annuity. Additionally, income riders will typically carry an annual fee of approximately 1%, and your fee could be higher or lower. Principal guarantees, lifetime income guarantees, and guaranteed death benefits discussed are backed by the financial strength and claims-paying ability of the issuing insurance company.