An annuity is a series of income payments issued to you at regular intervals from an insurance company based on your paid premiums. Annuities are generally purchased for future retirement income, and can pay you guaranteed income to last for as long as you live.
The value of an annuity increases over time based on the accumulation of payments and interest accrued to the policy. We highly suggest that an annuity be part of your long-term financial plan.
There are different types of annuities available. Discussing the benefits of each with an ARS agent will help you find the kind that best suits your situation and needs. Call today for your personal and confidential consultation with an ARS specialist to include an annuity into your long-term financial plan.