In unsettling times, 1906, 1919, 1929, 1951, 1978, 1982, 1987, 2001 and other years the need for stability becomes important. Stability helps restore confidence is a stress remover and a confidence agent.
Fixed annuities provide those features; they are safe, guaranteed, and secure and have no risk. As we accumulate funds for retirement, security, a child’s education and other important life goals the need for something tangible such as safety becomes an important goal. Too often we are tempted with yields and returns based on a performance that cannot be measured and cannot be accurately forecasted.
Annuities are contracts with written guarantees in place to provide specific benefits. These benefits can be customized to accomplish a wide range of goals. The combination of guaranteed yields and written contractual provisions provide the basis for safety and security.
Interest rates are guaranteed and insured. These rates are based on a wide range of factors and are disclosed in advance of purchasing an annuity. Purchasing an annuity provides a powerful tool for reaching goals in life that are basic to security.
Every fixed annuity sold in the United States is back by liquidity and safety. The insurance company guarantees the annuity and that guarantee is backed by each state through the State Guarantee Fund. The amount of the guarantees can vary based on the individual state of residence of the annuity owner.
Safety, security, risk free, contractual guarantees….Annuities!