Annuity

 Annuities offer various options, allowing you to tailor your investment to fit your financial goals, such as choosing between fixed or variable returns.   

  Many annuities come with a death benefit, ensuring that your beneficiaries receive a specified amount or the total premium paid if you pass away before receiving payments.  

  Annuities can provide a steady stream of income for a specified period or for the lifetime of the annuitant, helping to ensure financial stability in retirement.
 

 Some annuities offer options that include inflation protection, ensuring that your income keeps pace with rising prices over time. 

 You can often add riders that provide additional benefits, like long-term care coverage or enhanced death benefits, for an added cost.   

  The money invested in an annuity grows tax-deferred, meaning you won’t owe taxes on the earnings until you withdraw funds, allowing for potentially greater accumulation of wealth.

  In some states, annuities are protected from creditors, providing an added layer of security for your assets.

 Annuities can be part of an estate plan, allowing you to leave a financial legacy to your heirs with specific instructions on how to access the funds. 

 Annuities can simplify retirement planning by consolidating income sources, making it easier to manage finances during retirement.