What are annuities?

Tuesday, May 02, 2023 02:29 PM - Comment(s)

What are annuities?

Annuities are designed to help you grow your retirement income and protect you from outliving it. They’re long-term contracts from an insurance company where you invest your money. In return for your investment, you get income in the form of regular payments through annuitization or a guaranteed lifetime income benefit that is available at an additional cost.

Annuity Pros offers a broad range of competitive annuities. That allows you to find a solution whether you want to accumulate assets, generate income for retirement or leave a legacy for loved ones. We offer you education, resources and secure online access to your annuity, so you’re able to make informed decisions. Here are some of the benefits of an annuity:

Offers another way to save

Annuities can help you save more for retirement after you max out other tax-favored investments.

Lets you catch up

Annuities can help you catch up on retirement savings when you have less time to save.

Provides tax-deferred growth potential

Annuities offer the potential for tax-deferred growth and an income stream for life.

Individuals and businesses who would like to connect with Annuity Pros can get in touch instantly via our enquiry form.

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