Annuities…For Income Generation and Asset Protection

With the volatility of the financial markets, retirees and those nearing retirement are rightfully concerned that they will lose their retirement assets and not have enough income to live on.

Annuities provide a steady stream of income, either immediately or beginning at a future date. The interest that accumulates in the annuity is tax-deferred, so you do not pay taxes on the growth until you actually receive payments.

Senior Embrace offers two types of annuities:

• Fixed annuities – where the insurance company agrees to pay you no less than a specified interest rate for a fixed period of time. You can also annuitize your account value to receive income for life, or for a certain period of time.
• Indexed annuities – where the insurance company credits you with a return that is based on changes to a market index, such as the Standard & Poor’s 500. These contracts guarantee that you will not lose your premium (normally a lump sum amount) regardless of market conditions. You have the potential to participate in the upside of the market without the downside risk. You can also elect to receive inflation-adjusted income for life with certain indexed annuities. Many indexed annuities can also include a guaranteed death benefit.

Why Senior Embrace for Annuities?

Comprehensive choice

Many insurance companies offer annuities. We represent the majority of companies, so we will be able to review these options with you and help you select the annuity that best suits your needs.

Expertise

There are many annuities on the market. The Senior Embrace team is knowledgeable on the advantages and disadvantages of these specific products and insurance carriers. We can help you determine whether an annuity makes sense for you, and if so, which one is best for you.

We work for you, and only you

We are not employed by a specific insurance company and forced to sell that company’s products. We have access to many insurance companies and their products and can help you select the product that is right for you.

We help you embrace retirement

Annuities are just one of the many services we offer to help you live the retirement you’ve worked so hard for. Our team will sit down with you, determine your goals and needs, including whether you even should purchase an annuity, and then develop a comprehensive plan that will help you live comfortably and happily in retirement.