Investments and Retirement
Ok… let’s talk money; your money. Whether you're starting your first job or planning for retirement, you can count on us for investment products and services that fit your needs, including annuities, IRAs, 401K(s), retirement plans, mutual funds and life insurance.
Annuities — income potential to last a lifetime
Are you worried about outliving your income? That’s a risk that you can do something about. When you invest in an annuity, you set the stage to receive income in the future.
How do annuities work?
An annuity is an insurance contract designed to protect you from the risk of outliving your income. Your purchase payments (what you contribute) are converted into periodic payments that can last for life.
What type of annuity could fit into your investment plan?
Fixed Annuity – This type of annuity product offers a set rate of return that is guaranteed by the issuing company.
Immediate vs. Deferred – You can choose to start receiving income right away or wait until later.
Before deciding on an annuity, you should consider your income needs, risk tolerance and investment objectives. Your investment professional can help you decide if annuities are a suitable investment.
IRAs: Traditional, Roth or Rollover
No matter if retirement is just around the corner or many years away, establishing an IRA as part of your retirement planning is one option to consider. Take a look at the types of IRAs that are available and see if there is one that best meets your unique investment needs.
Roth IRAs – contributions are after-tax and withdrawals are tax-free if certain requirements are met
Traditional IRAs – contributions are tax deductible and withdrawals are taxed
Rollover IRAs – contributions are rolled over from an employer-sponsored plan.
*Any guarantee is based on the claims paying ability of the issuing company. Annuities are long term investments and early withdrawal may be assessed a surrender fee. Withdrawals before age 59 ½ may have tax implications and should be discusses with your tax advisor.
