Start saving for your retirement now not later. An Annuity is an agreement between you and an insurance company and can be used as a form of retirement savings. Annuities provide monthly income after retirement and may be appropriate to consider as a strategy in your plan for the future. Fixed, Indexed, and Variable annuities are available.
- Provides security for your retirement income
- Some products are tax-deferred while you are saving
- Gives you a steady source of income in the future
- Avoid probate by listing beneficiaries
- Pick your payment at retirement monthly, quarterly or yearly
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