What is an Annuity Exchange?
Unfortunately, investing for the future is not a one-step process. If you aren’t reevaluating your retirement saving plans from time to time, you might be missing out on chances to save on taxes or increase your savings. An annuity exchange allows you to simply move some of your retirement savings plans and/or existing annuities into an annuity that might offer enhanced benefits or even new benefits your existing plans don’t offer.
Why is an Annuity Exchange so important?
Older retirement savings plans and annuities may not offer some of the benefits that are available on newer annuities. Your existing retirement savings plans may be confusing, complicated, difficult to manage or may incur high management fees or limit your investment options, essentially undercutting your return. With thousands of potential retirement dollars on the line, are you sure you’re getting the most out of your retirement savings?
An annuity exchange gives you the power of choice. We can help you find an annuity that may better suit your retirement needs. Through an annuity exchange, you can move the money in your existing retirement plan and/or annuity into a new annuity without tax implications. If you’re managing multiple retirement assets, you can consolidate them into one for ease of management and superior returns. You can even get a guaranteed lifetime income that you can’t outlive. This may mean a better retirement for you!
If you’re interested in finding the best product for your changing retirement needs, you can obtain a free annuity exchange consultation by filling out the form on this page or by calling our toll-free number. Our team of highly skilled annuity specialists will work with you to develop a plan that fits your budget and income needs.
Your current retirement plans may not be up to date, which means that you could be missing out on tons of benefits and thousands of dollars for your golden years. Check out the list below to find out what we can do for you to help you improve your retirement savings.
Annuity Exchange Service Provides:
- We’ll evaluate your current plans. We’ll see how your current plans are performing and if they’re helping you achieve your retirement goals. If not, we’ll help you find a new plan that will.
- Get a guaranteed income for retirement. You get to choose how you’d like to receive your retirement money – a lump sum, payments for a fixed number of years or even for the rest of your life!
- Earn Interest. Most annuities return at a rate equal to or greater than Certificates of Deposit (CDs) and other retirement plans.
- No Market Risk. With an annuity, you’ll earn interest when the market is up, but you won’t lose any money when the market is down.
- Your taxes will be deferred. Contributions to your annuity are not taxed until you withdraw or receive payments.
- Qualify for Medicaid. Annuities can shelter assets, allowing you to qualify for Medicaid more easily without sacrificing quality of life.
- Avoid Probate. When you pass away, your loved ones will receive your annuity funds without having to waste time and money in through the probate process.
Our team of highly skilled licensed insurance specialists will work with you to develop a plan that provides the coverage you need at a price you can afford. To learn more about these and other benefits of our Annuity Exchange, please fill out the form below today and one of our licensed agents in your area will contact you. We look forward to hearing from you!
Note: Not all benefits are available in every state. Please ask your insurance specialist for more details.