SAFETY FIRST

:: Learning Center

Rethink Retirement

Rethink Retirement

In recent years, the financial markets have experienced extreme swings. This historic volatility combined with the limited availability of traditional retirement income sources, such as defined benefit pension plans, has placed a greater responsibility on Americans saving for their future. With this greater responsibility comes a need for financial solutions that can help provide a […]

Understanding the Basics

Understanding the Basics

How a fixed index annuity works Most fixed index annuities have two phases. First, there’s an accumulation phase, during which you let your money earn interest. This is followed by a distribution or payout phase, during which you receive money from your annuity. A fixed index annuity also guarantees you will receive at least the […]

Who’s Who in a Fixed Indexed Annuity

Who’s Who in a Fixed Indexed Annuity

Insurance Company: This is the company that issues the annuity. The insurance company is responsible for Insurance company backing the annuity’s guarantees. Contract Owner/Annuitant: These usually are the same person, but they can be different. The owner makes decisions about the annuity, such as who the beneficiaries are. The annuitant is the person whose life expectancy is […]

Understanding the Benefits

Understanding the Benefits

A fixed index annuity (FIA) offers a unique combination of benefits that can help you achieve your long-term goals. No other product offers the tax deferral, indexed interest potential, and optional benefits to protect your retirement assets and income. Tax Deferral Under current federal income tax law, any interest earned in your fixed index annuity […]

REASONABLE RETURN

.

Tax Deferral

Tax Deferral

A Fixed Indexed Annuity Offers Tax Advantages During the accumulation phase of your contract, any interest growth is tax-deferred. If you purchase your fixed indexed annuity with after-tax dollars, you will only pay ordinary income taxes on your earnings – not on your premium payments – when you begin withdrawing money. Tax-deferred growth, compounded over time, […]

Indexed Interest Potential

Indexed Interest Potential

Another advantage of a fixed index annuity is the opportunity to accumulate interest based on changes in an external index. Some FIAs offer you a choice of indexes rather than just one. In addition to choosing your indexes, you can also determine what portion of your annuity’s value will be based on each index selected. […]

Protection Benefits

Protection Benefits

A third important advantage of a fixed index annuity is the range of guarantees and optional protection benefits available. These benefits allow you to transfer risk to the insurance company issuing the fixed index annuity. These guarantees help protect your assets, your retirement income, and your beneficiaries. In exchange for the risk transfer, the benefits […]

Is a Fixed Indexed Annuity Right for You?

Is a Fixed Indexed Annuity Right for You?

Only you know your goals for retirement, so only you can determine your needs. A fixed indexed annuity isn’t the right solution for everyone, and you shouldn’t buy one unless it’s appropriate for your situation. You may want to consider a fixed indexed annuity if the following benefits are important to you: Tax deferral to […]

KEEPING IT SIMPLE

:: We Believe in the BLUE Line

Grow Money

Click to Enlarge