Answering the Quad Cities Questions About Annuities
By definition, an annuity is an insurance contract issued and distributed by financial institutions without the intention of paying out investment funds in a fixed income stream in the future.
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Often times, investors will purchase annuities with monthly premiums or lump-sum payments.
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If you're looking to learn more about annuities and their benefits, keep reading.
Annuities
Annuities are mainly used for retirement purposes as a way to help individuals address the risk of outliving their savings. They are designed to provide a steady cash flow for people during their retirement years and they help retirees sustain their standard of living.
If you've been looking to purchase annuities, I can help.
Here are the most important things you should know when deciding if an annuity is the right decision for you:
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Annuities are for investors who want stable, guaranteed retirement income
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An annuity goes through different phases, accumulation and annuitzation. The accumulation phase is the first stage of an annuity where investors fund the product with either a lump sum or scheduled payments
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The annuitant begins receiving payments after the annuitization period for a fixed period or for the rest of their life
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Annuities can be structured into different kinds of instruments, which gives the investor flexibility
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These products can be categorized into immediate and deferred annuities and may be structured as fixed or variable
If you think an annuity sounds like the right option for you, contact me today so that we can discuss the next steps for purchasing your annuity.
CONTACT
Halbreiter
Insurance
I'm passionate about providing all of my clients with the information they need to make smart and informed decisions when choosing a Medicare plan for themselves and their families.
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I'm proud to serve the city of East Moline and surrounding Quad Cities communities.
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Give me a call or drop me an email- I'm here to answer any of your questions and to Shine Light On Medicare.
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Consultations are always free.
For any general inquiries, please fill in the following contact form:
Halbreiter Insurance- American Republic Insurance Services
Address
990 Ave of the Cities, STE 4,
East Moline, IL 61244
Hours of Operation
Monday- 9:00 a.m. - 5:00 p.m.
Tuesday- 9:00 a.m. - 5:00 p.m.
Wednesday- 9:00 a.m. - 5:00 p.m.
Thursday- 9:00 a.m. - 5:00 p.m.
Friday- 9:00 a.m. - 5:00 p.m.
Saturday- Closed
Sunday- Closed
Serving East Moline and the greater Quad Cities area including Moline, Silvis, Hampton, Carbon Cliff, Colona, Coal Valley, Port Byron, Rapids City, Rock Island, Bettendorf, and Davenport.
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