Annuities have many advantages to help you build financial security. First, your principal is always protected even if the market fails to have positive gains. Subsequently, your earnings accumulate on an income-tax-deferred basis to grow your retirement fund faster. You can choose from a variety of payout options, including a secure and steady income stream you can’t outlive. And, annuities will not affect your Social Security benefits (although increases in your income may result in increased income taxation). Your Bankers Life insurance agent can educate you about annuities, explain your options and determine whether one is right for you.
Annuity options to achieve your retirement goals
How prepared are you for retirement? Traditional fixed and indexed annuities can address your specific concerns and help you achieve your retirement goals.