Types of Annuity (Two Types -Variable and Fixed)

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Type 1-”Variable Annuity”((Compare annuity offers for FREE!!))

Think of a “tax-deferred annuity” like retirement savings plan. You put in money now, and, when you retire, you can take withdrawals to supplement your retirement or you can receive that money as regular monthly payments, guaranteed for life. And, because your annuity is “tax-deferred”, your earnings are reinvested and sheltered from current taxes.

Unlike “Fixed Annuties”, a “Variable Annuity offers the opportunity for market growth through fund investing.Compare annuity offers for FREE!!

Type 2-”Fixed Annuity” ((Compare annuity offers for FREE!!))

How can I make my investment earnings grow faster? How can I reduce my taxes? If you’re like most individuals you have asked yourself these questions over and over again particularly during tax season  when you see the interest earned on your savings substantially reduced by state and federal taxes.Compare annuity offers for FREE!!

“Equity Indexed Anuity”

An equity-indexed annuity is a fixed annuity that earns interest that’s linked to a stock or other equity index. One of the most commonly used indices is the Standard – Poor’s five hundred Composite Stock Price Index ((the S&P 500)).

“Fixed Income Annuity”

Also referred to as guaranteed income “annuities”, fixed income annuities provide payments that remain level for either the duration of your life or if you prefer, a specified period.

“Variable Income Annuity”

Variable income annuities provide lifetime income payments that vary in amount based on the performance of the underlying funds you choose. In other words a variable income annuity gives you the potential for payments to increase over time as well as the ability to adjust how your annuity is invested. At the same time, a variable income annuity means more risk and exposure to market volatility. Compare annuity offers for FREE just with a form!!

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