Get an Annuities Quote at No Cost to You
Where should you start when learning about annuities? Annuities, on the surface, aren’t the simplest of financial products. With a little research, however, annuities become easy to understand. Free information is available online from a number of Web sites. FixedAnnuityDirect.com offers customers simple explanations of the different types of annuities, and also will give customer a free, personalized annuities quote.
There are two basic types of annuities - immediate and deferred. Immediate annuities pay out immediately (within 12 months, usually) and provide customers with guaranteed income for life. When buying an immediate annuity you are buying relief - your monthly income will never go away. Immediate annuities offer options or riders to add on to your policy, which can reduce your monthly income but give you more peace of mind. A joint and survivor option provides for your beneficiary once you die, giving them lifetime income they can count on. A period certain option of 10, 20 or 30 years will guarantee that you or your beneficiary will receive payments, even if you pass away, for the number of years that you select. FixedAnnuityDirect.com offers up-to-the-minute immediate annuities quote online or over the phone at 1-877-519-8599.
Deferred annuities act very similar to a savings account or CD. Your deposit sits untouched, earning a favorable interest rate. Deferred annuities generally do lock up your money for a specified term, but your principal and interest earnings are tax deferred while housed in the annuity. When the term is complete, you have a number of payment options. You can convert your money into an immediate annuity, take a lump sum withdrawal, or you can exchange your deferred annuity into another deferred annuity. Interest rates offered on deferred annuities change often, so be aware that the good rate you see today may not be available later on. A deferred annuities quote can be obtained by visiting FixedAnnuityDirect.com.
To get a free personalized annuities quote – either immediate or deferred – call the Annuity Specialists at 1-877-519-8599 today.