{"id":2428,"date":"2020-04-17T09:09:51","date_gmt":"2020-04-17T16:09:51","guid":{"rendered":"http:\/\/sandbox.planmember.com\/fccontent\/?page_id=2428"},"modified":"2020-07-01T13:08:19","modified_gmt":"2020-07-01T20:08:19","slug":"annuities","status":"publish","type":"page","link":"http:\/\/sandbox.planmember.com\/fccontent\/annuities\/","title":{"rendered":"Annuities – 2428"},"content":{"rendered":"

<\/a><\/p>\n

Annuities<\/h3>\n

An annuity is an insurance product that provides income in retirement and can be used as part of an overall retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream in retirement. But is an annuity right for your unique goals and personal circumstances? Whether you need a guaranteed payout from a fixed annuity or a payout stream from a variable annuity, we can help you determine if an annuity might be a good option for your investment portfolio. Contact us to learn more.<\/span><\/p>\n

Withdrawals from annuities, including partial withdrawals and surrenders, may be taxable. If you take a taxable withdrawal before age 59 \u00bd you may have to pay a 10% penalty to the IRS in addition to your normal income taxes. Purchasing an annuity with a retirement plan that already offers tax deferral results is no additional tax benefits. The guarantee of the annuity is backed by the financial strength of the underlying insurance company. Guarantees and benefits are subject to claims-paying ability of the insurance company. Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation.<\/em><\/span><\/p>\n

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Annuities An annuity is an insurance product that provides income in retirement and can be used as part of an overall retirement strategy. Annuities are a popular choice for investors<\/p>\n","protected":false},"author":8,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"wf_page_folders":[17],"acf":[],"yoast_head":"\r\nAnnuities - 2428 - Shared Content<\/title>\r\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Annuities - 2428 - Shared Content\" \/>\r\n<meta property=\"og:description\" content=\"Annuities An annuity is an insurance product that provides income in retirement and can be used as part of an overall retirement strategy. 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