Phoenix Insurance Annuity & Annuities
Are you looking ahead to relaxing during your retirement years, and want to ensure that you are financially stable at that time? Phoenix insurance annuities are an ideal way to make certain that you can enjoy comfortable living without financial worries. If you are interested in learning more about the benefits of a Phoenix insurance annuity, MyAnnuityGuy.com™ provides the answers you are looking for.
Considering economic issues and the uncertainty of investing in the stock market, Phoenix insurance annuities are one of the best ways to make certain that you have a steady stream of income coming in for as long as you live. Sure, it’s still smart to put money in your 401k and continue with other retirement plans, but who knows what may happen between now and when you retire? With a Phoenix insurance annuity, you can enjoy peace of mind whether you’re interested in a variable, income or fixed annuity.
If you are already retired or ready to pick a retirement date, wouldn’t it make sense to safely secure your 401k with a rollover into a guaranteed, principal protected IRA with enhanced income benefits? With a Phoenix insurance annuity, you no longer have to sweat the ups and downs of the market. Your future income account can grow steadily. When the market rises, you may still benefit. But when the market falls, you never participate in a loss. Guaranteed.
Here are some basic descriptions of the various types of Phoenix insurance annuities to help you better understand your options:
Variable annuities provide income for life, and have the potential to grow if the market goes up; however, should the market go down, this type of Phoenix insurance annuity offers protection as well as flexibility, as you can begin or stop withdrawals at any time you like.
Fixed annuities also offer a lifetime income, and are good for those who enjoy predictability. These annuities offer guaranteed interest rates and keep your principal secure.
Income annuities provide the ability to cover basic expenses because you are guaranteed a lifetime income stream. You can generate more income with fewer assets, while making the most of your income with protection against fluctuations in the market.
Over the years, Phoenix insurance annuities have been one of the most popular alternatives in investing for a number of reasons. Banks and financial institutions offer numerous ways for individuals to save money or build a “nest egg” for retirement, but few are as reliable and safe as annuities.
Simply stated, a Phoenix insurance annuity is a contract between an individual buying the product and an insurance provider. The insurance company will pledge to grow your money, or to pay it out to you over a number of years, such as throughout your retirement years or for the remainder of your life. One of the biggest benefits of annuities is that taxes are deferred.
Are Phoenix insurance annuities right for you? With all of the options available, it can be difficult to determine which option is best for your individual situation. For more information and assistance with your needs, rely on MyAnnuityGuy.com™. We are available 24/7, and ready to help you with any questions or concerns you may have regarding annuities.