Annuities are tax-deferred financial vehicles through which you can prepare for retirement. By paying an insurance company a lump-sum premium or several smaller premiums over time, you will receive payments at regular intervals for your retirement.
Annuities typically yield a smaller return than other investment vehicles; however, many people like the predictability that can be achieved with annuities. Depending on the type of annuity you invest in, you can avoid market fluctuations and be guaranteed an income that lasts as long as you live.
There are many different types of annuities to choose from such as fixed term annuities, variable term annuities, deferred fixed annuities, deferred variable annuities, immediate fixed annuities and immediate variable annuities. Our Albuquerque insurance agent can help you understand the nuances of various types of annuities to help you learn which vehicle is right for your needs.
We will help you determine if an annuity is a good fit for your financial goals. Whether you are looking for a fixed term annuity, deferred fixed annuity, immediate fixed annuity or any range of variable annuities, we will provide you with the information you need to make sound financial choices for your future. We are committed to helping you protect your hard-earned assets through every stage of life.