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15 May 2008

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What Are Annuities?

Annuities are retirement savings plans similar to bank savings accounts and Certificates of Deposit. Annuities are issued by life insurance companies and typically offer better interest rates, more tax advantages, and a guaranteed income you cannot outlive.

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Annuities offer many benefits over other retirement savings plans. Annuities 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 will find the right annuity for you.

 
   
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