Annuities
Annuities are contracts with an insurance company that can help protect you against the risk of outliving your assets. Annuities provide future income in return for your contributions.
You make payments and accrue interest and income over time. A “deferred annuity” allows you to accumulate funds tax-deferred and then establish a payout stream at a later date. An “immediate annuity” can provide a payout beginning immediately after an initial premium payment. Annuities offer an array of choices both during the deferral and payout periods to suit your needs and investment style.
Types of Annuities Available to You:
- Fixed Annuities: Designed for more conservative investors close to retirement
- Variable Annuities: For investors who can handle the ups and downs of the market
- Indexed Annuities: Stable - even if the market isn’t
- Single Premium Annuities: One lump sum can provide you steady income for life
Craig Lundquist, Senior Wealth Advisor and Kristin Becker, Senior Wealth Advisor Office Coordinator.Let Us Help
Whether you have one financial issue you want to tackle today, or realize it’s time to put together a comprehensive financial strategy, Craig Lundquist, Senior Wealth Advisor, will take the time to listen and learn about your unique situation.
Ready to get started? Give us a call at 651-773-2876 or schedule an appointment.