Annuities
Confused about annuities? You’re not alone. Many people have difficulty understanding them. The main reason for all the confusion: Annuities may be
single premium or flexible premium; fixed or variable; deferred or immediate. No matter the type, annuities are financial contracts with an insurance
company whose tax-deferred growth is designed to be a source of future income.
Many people today are using tax-deferred annuities as the foundation of their overall financial plan instead of certificates of deposit or savings accounts.
Much like a CD is a contract between you and a bank; annuities are long-term contracts between you and an insurance company. Although CD's and
Annuities are very similar, there are significant differences between the two.
The most important difference is that annuities allow for the deferral of taxes due on the interest earned until the interest is withdrawn. By postponing the
tax with tax-deferred annuities, your money compounds faster because you can earn interest on dollars that would have otherwise been paid to the IRS.
Later, if you decide to take a monthly income, your taxes can be less because they will be spread out over a period of years.
Like Certificates of Deposits, annuities have a penalty for early surrender. However, most annuities have liberal penalty free withdrawal provisions.
Brown/Schmader Insurance can assist you in deciding if annuities are right for you and help you to choose the type of annuities that best meet your
needs.
Along with choices from other insurers, we offer Allianz Life-some of the best selling annuities in America. Allianz Life bonus annuities provide an
immediate gain of up to 10% of premium. Allianz multi-year guarantee annuities are perfect for today's volatile interest market. Immediate annuities from
Allianz Life offer predictable monthly income you cannot outlive.
Equity Indexed Annuities
Stock Market Growth with No Market Risk
How would you like to own an annuity that locks in stock market gains when the market is rising, but also protects your investment against any losses when
the market is falling? That's right; your policy value is never reduced because of negative stock market performance.
Believe it or not, there is such a product and it's called an Equity Indexed Annuity.
An Equity-Indexed Annuity is a great place to protect the money you've saved in your CDs, money market accounts, IRA accounts, etc.
Why not call us today or send us an E-Mail for the latest Equity Indexed Annuity information?
Click here to request the an annuity illustration.
Confused about annuities? You’re not alone. Many people have difficulty understanding them. The main reason for all the confusion: Annuities may be
single premium or flexible premium; fixed or variable; deferred or immediate. No matter the type, annuities are financial contracts with an insurance
company whose tax-deferred growth is designed to be a source of future income.
Many people today are using tax-deferred annuities as the foundation of their overall financial plan instead of certificates of deposit or savings accounts.
Much like a CD is a contract between you and a bank; annuities are long-term contracts between you and an insurance company. Although CD's and
Annuities are very similar, there are significant differences between the two.
The most important difference is that annuities allow for the deferral of taxes due on the interest earned until the interest is withdrawn. By postponing the
tax with tax-deferred annuities, your money compounds faster because you can earn interest on dollars that would have otherwise been paid to the IRS.
Later, if you decide to take a monthly income, your taxes can be less because they will be spread out over a period of years.
Like Certificates of Deposits, annuities have a penalty for early surrender. However, most annuities have liberal penalty free withdrawal provisions.
Brown/Schmader Insurance can assist you in deciding if annuities are right for you and help you to choose the type of annuities that best meet your
needs.
Along with choices from other insurers, we offer Allianz Life-some of the best selling annuities in America. Allianz Life bonus annuities provide an
immediate gain of up to 10% of premium. Allianz multi-year guarantee annuities are perfect for today's volatile interest market. Immediate annuities from
Allianz Life offer predictable monthly income you cannot outlive.
Equity Indexed Annuities
Stock Market Growth with No Market Risk
How would you like to own an annuity that locks in stock market gains when the market is rising, but also protects your investment against any losses when
the market is falling? That's right; your policy value is never reduced because of negative stock market performance.
Believe it or not, there is such a product and it's called an Equity Indexed Annuity.
An Equity-Indexed Annuity is a great place to protect the money you've saved in your CDs, money market accounts, IRA accounts, etc.
Why not call us today or send us an E-Mail for the latest Equity Indexed Annuity information?
Click here to request the an annuity illustration.
| Brown/Schmader Associates Members of the Solon Chamber of Commerce Dave Schmader Solon, Ohio 440-248-5258 Dick Brown Chagrin Falls, Ohio 440-247-5180 |
©David M. Schmader July 2004, February 2005, March, 2007, May, 2008
| Brown/Schmader Associates Insurance for Individuals, Professionals and Small Businesses Life • Health • Annuities • Long-Term Care • Employee Benefits • Business Succession Planning |