Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Annuities Can Be an Advantage for Retirees


For prepared retirees with a 401(k) and/or IRA, consider supplementing your income with an annuity.  Annuities are contracts between investors and insurance companies that start with an initial investment.  Immediate annuities start releasing monthly payments right away, so they are paid for up front with a lump sum.  Deferred annuities pay money at a specified date in the future, so they can be purchased with a lump sum or a string of payments made over time.

Fixed annuities will not increase or decrease in value, whereas variable annuities offer growth potential and added risk.  Both options defer taxes until withdrawal at age 59 or later.  This valuable information comes from the Wausau Daily Herald in Wisconsin.

For more information about the product mentioned in this article contact us here:

Newest Blog Posts

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help. For the fastest response, please select 'Phone' as your Contact Preference.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).