ANNUITY

Guarantee your principal or income today.

ANNUITY FREQUENTLY ASKED QUESTIONS

WHY WOULD I WANT AN ANNUITY?

Annuities have many different features and guarantees.

 

The main objective of an annuity is to guarantee payments (income) for a certain amount of years from a certain amount of premium. Annuities can be a great addition to the fixed income side of your retirement plan.

HOW DO YOU FUND AN ANNUITY?

An annuity can be funded many different ways.

  • 401k

  • 403b 

  • 457b

  • State/government owned pension

  • Deferred comp plan

WHAT ANNUITIES DO YOU OFFER?

At BC Brokerage, we currently offer:

  • Fixed Annuities

  • Fixed Indexed Annuities 

  • Muli-Year Guranteed Annuity (MYGA)

  • Single Premium Income Annuity (SPIA)

WHO SHOULD BUY AN ANNUITY?

  • Those between the ages of 50-70 who are looking for guaranteed income in retirement

  • Those who are looking for guarantee of principal

  • Those who are looking for Long Term Care (LTC) coverage without medical underwriting

  • Those who have a corporate pension with a cash out/deferred compensation option at retirement age

  • Those considering medicare planning (5 year look back)