Informative Guide To Annuities:

A Matador Capital Partners Explanation

Annuities are commonly purchased as a means to supplement retirement income alongside other sources such as pensions and Social Security. An annuity that guarantees income for life can offer reassurance that in the event of asset depletion, additional income will still be available.

Fixed Annuities Explained

A fixed annuity refers to an insurance contract that guarantees the purchaser a specific interest rate on contributions made to the account. Fixed annuities are frequently used in retirement planning.

Understanding Fixed Indexed Annuities

A fixed indexed annuity is a long-term, tax-deferred savings vehicle that offers principal protection in a declining market while providing opportunities for growth. Compared to a fixed annuity, a fixed indexed annuity offers higher growth potential with less risk, but lower potential returns than a variable annuity.

Overview of Variable Annuities

A variable annuity is a contractual agreement between an individual and an insurance company, where the insurer commits to making periodic payments to the individual, beginning either immediately or at a later date. The variable annuity contract can be purchased by making a one-time payment or a series of payments.

Understanding Deferred Annuities

A deferred annuity refers to a contractual agreement with an insurance company where the owner receives regular income or a lump sum payment at a later date. Deferred annuities differ from immediate annuities, which start making payments immediately.

Overview of Immediate Annuities

An immediate annuity is the most basic form of annuity, where an individual makes a single lump-sum contribution that is converted into a guaranteed stream of income for a specific period or the individual’s lifetime. Withdrawals can be made within a year.

Introduction to Single Premium Annuities

A single premium annuity involves purchasing an annuity with a lump sum of money, also known as a premium. The purchaser may also choose to buy the annuity through a series of payments over time.

Did You Know? Annuities may not always be adequate for achieving future financial and lifestyle goals, in which case Matador Capital Partners’ expertise in advanced planning, employer benefits, estate planning, executive strategies, and life insurance can be invaluable.

Kindly arrange an appointment with us, whereupon one of our certified consultants shall competently demonstrate and meticulously lead you through each stage of the process, guaranteeing that you are not only presented with the finest feasible alternatives but also that your lifestyle and fiscal well-being are firmly established for the foreseeable future.