Annuities

 

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An annuity is a contract between you and an insurance company, which provides for future income payments in exchange for your investment now.  They are long-term investment vehicles that make excellent retirement savings products since all earnings grow tax-deferred.

Traditional Annuities provide:

  guaranteed interest rates
  low administrative fees
  allows flexible withdrawal options tailored to individual needs

Equity Index Annuities

With an Equity Indexed Annuity you can participate in the growth of the stock market without having to risk a dime of your principal.  Equity Indexed Annuities provide guaranteed minimum interest rates similar to fixed annuities, CD's and bonds.  But unlike these safe money investments, your Equity Indexed annuities return is linked to the performance of the stock market.  

You decide which index you want to follow.  Most people pick the S&P 500 or the Dow Jones Industrial Average, but you can also pick from several indices like the NASDEX, S&P 400 and the Russell 2000.  If the index you pick does well, you do well.  If the market performs poorly and the index goes down, you'll have the peace of mind knowing your money is safe, guaranteed to earn no less than the contract's minimum guaranteed growth.  

For more information on how you want us to show you how to grow your money without the risk of loss, contact us today.

 

 

 

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Copyright © 2005 John Joe Insurance Agency
Last modified: March 01, 2010