Annuities are retirement savings plans similar to bank savings accounts and Certificates of Deposit. Annuities aren’t backed by the FDIC, but are issued by some of the largest, strongest, and most stable financial institutions in the world—life insurance companies. They typically offer better interest rates, more tax advantages, and the option to elect (at any time) a guaranteed monthly income that you cannot outlive.
Types of Annuities
Why purchase an annuity?
Which annuity is the right one for me?
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Annuities offer many benefits over other retirement savings plans. Annuities can provide a higher rate of return on your investment than most traditional savings accounts and Certificates of Deposits. Annuities are tax-deferred, allowing all the interest you earn to remain invested. And, when you retire, annuities guarantee you an income you cannot outlive.
Annuities can be complex and confusing. Let AccuQuote help you sort through the possibilities. We shop top-rated life insurance companies and find plans with competitive interest rates and payout options. Whether retirement is right around the corner, or many years away, we’ll find the right annuity for you.
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