Research and Compare Hundred of Annuities from the Top Insurance Companies



Subscribe to our FREE Annuity Rate Update Newsletter and stay informed regarding changes to annuity interest rates.
First Name
Last Name
E-mail
 

Home Retirement Annuities Protect Your Retirement Age
Protect Your Retirement Age


Have you planned for your retirement? If you get retired at age of 65 then do you have adequate funds to live a comfortable life? The variety of retirement planning tools makes it difficult to choose best among them. Retirement annuity is one of the most effective and efficient retirement tools that provide excellent help for future. Retirement annuity safeguards the funds that you have hoarded for your retirement.

In simple words retirement annuity is an agreement that binds two parties-annuitant and insurance company. Annuitant invests its hard money and insurance company assures a steady income for his/her retirement years. By investing your savings in retirement annuities, you get equanimity, tax-deferred earnings and you can live a relaxed life without depending on others.

If you have decided to purchase a retirement annuity you have to make lump-sum payment. You have option to purchase your retirement annuity from a range of sources, such as- a maturing Certificate of Deposit (CD), monies which have accumulated in a deferred annuity account; or 401k or IRA account. Retirement annuity can be fixed or variable and you can choose which suits your needs best.

After making contributions, income payments start within a month. You get tax free income on retirement annuities until you withdrawing the money from annuity funds. Fixed retirement annuity that offer stable income to annuitant is based on the amount deposited in annuity fund and prevailing rate of interest.

It is better to purchase straight life retirement annuity if you have no beneficiaries. Straight life retirement annuity offers higher rate of interest and you regular lifetime income payments. Single premium retirement annuity is flexible and meets variety of income needs. Your heirs can receive annuity payments after your death. This annuity has some other features also like child support, specific education for disabled youngsters, and a regular stream of income.

For any help regarding your annuities, click here or call an Annuity Specialist at AnnuityForLife.com, 1-888-261-6237