• Peter C. Ciravolo

Annuity 101 - What are annuities?



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 help supplement social security, provide a 0% risk (annuities we offer have floors of 0% i.e. Fixed, YGA, etc.)


HOW DO YOU FUND AN ANNUITY?


You can fund an annuity through many different ways. Whether it be a 401k,403b, 457b rollover, a state/government owned pension, or a deferred comp plan, BC Brokerage is able to fulfill your guaranteed principal or income needs.


WHAT ANNUITIES DO YOU OFFER?


At BC Brokerage, we currently offer:

  • Fixed Annuities

  • Fixed Indexed Annuities 

  • Multi-Year Guaranteed Annuity (MYGA)

  • Single Premium Income Annuity (SPIA)


WHO SHOULD BUY AN ANNUITY?

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

  • Anyone who is looking for guarantee of principal

  • Anyone who is looking for Long Term Care (LTC) coverage without medical underwriting

  • Anyone who has a corporate pension with a cash out/deferred comp option at retirement age

  • Anyone considering Medicare planning (5 year look back period)



BC Brokerage


765-730-7146

1 view0 comments