Is a Fixed Annuity Right for You?
Give us a call today with your annuity questions!
Fixed Annuities
Historically prove higher interest rates than their competitor…bank CD's & Money Market accounts
Offer better guarantees than other fixed interest products
Provide a combination of safety and liquidity
Provide tax-deferred interest
Charge no sales fees
Provide a choice of interest rate guarantees
Can provide income that cannot be outlived (immediate annuities)
Guarantee principal protection
Fixed MYG (Multiyear Guaranteed Annuities)
Specify a guaranteed interest rate for a specific time, often referred to as "CD" annuities
Traditional (Bonus) Fixed Annuities
Specify a guaranteed minimum interest rate that remains in effect for as long as the policy is in force.
In addition, the company declares a current rate of interest that may be in excess of the guaranteed rate. The current rate generally remains in effect for the term of the contract.
At the end of that time, the company declares a new current interest rate, which may be higher or lower than the previous rate, but not below the minimum interest rate guaranteed by the policy.
How Do I know if A Fixed Deferred Annuity is Right?
When you work with a "full service" firm like Folino Tax and FTFN Insurance Services, you have the benefit of knowing we see the "big picture". We assist our clients in developing investment strategies that will preserve and build their wealth by looking out for their interests, recognizing their personal situation and attitudes toward risk. Addressing such questions as:
Do I want this pool of money at risk, where I may lose the principal?
Do I want a guaranteed interest rate and no risk of losing the principal?
Do I want guarantees and a chance to earn more as interest rates rise?
Do annuities let me get money when I need it?
Do I want the benefit of tax deferred growth on my money?
Would I like this asset to skip the problems of probate in case of my passing?
We review and make recommendations so our clients can make informed decisions about annuities. Our firm provides clients with economical solutions that address both the current and future needs of their financial plan. At FTFN Insurance Services we make complex insurance details easier for our clients so they are comfortable in deciding whether an annuity is right for their personal financial goals both now and into the future!
Not a Deposit · Not Insured By Any Federal Government Agency No Bank Guarantee · Not FDIC Insured · May Lose Value
