TN Retirement Planning With Annuities

Everyone in TN wants a golden retirement , but a retirement plan is no easy task.

As we get closer to retirement, we face a new set of challenges and opportunities. We have many things to look forward to and a long time to enjoy them.

Life expectancy statistics show we could spend up to one-third of our life in retirement. In fact, for a couple who retires at age 60, the husband has a 50% chance of living to age 85, while his wife has the same chance of living to age 89*. This couple would need to have resources in place to support their financial needs for as many as 29 years.

Our goal is to provide our policyholders with wealth management products that can help meet today's needs and financial objectives, with a philosophy of offering fair and equitable values on each policy.

Potential growth to your assets without paying taxes on these earnings until money is withdrawn. Withdrawals may be subject to surrender charges and premature withdrawal penalties, and can be taxed as ordinary income.

Fixed annuities allow you to choose options that are best suited to you and your financial goals.

A guaranteed death benefit on some fixed annuities ensures that your original purchase amounts and any earnings are paid to your beneficiaries if you die during the accumulation phase of your contract. Enhanced death benefit options may be available for an additional fee, and certain limitations may apply.

TAX-DEFERRED FIXED ANNUITIES

CERTIFICATES OF DEPOSIT (CDs)

Certificate of Deposit	Tax-Deferred Annuity
Interest income is both reportable and taxable as it is earned, regardless of whether it is received or left to accululate.*	Interest income is neither reportable nor taxable, until it is withdrawn.*
Generally intended for short-term investment and have early withdrawal penalties which vary according to term. These penalties are renewed every time the certificate is renewed.	Generally long-term with no maturity date. A schedule of declining early withdrawal charges, which may be entirely eliminated after a designated period of time, is imposed by the insurer.
Funds cannot be accessed in full or in part during the term, without incurring withdrawal penalties.*	Depending on the type of annuity selected and its provisions, penalty free withdrawal options may be available.*
Insured by the FDIC, up to $100,000 per account, per institution.	Not FDIC insured, however, they are backed by the financial strength of the insurer, without federal limitations as to denomination or styling.

* Withdrawals from IRA Certificates or annuities prior to age

59 1/2 may result in a 10% federal income tax penalty.

We are an independent insurance agency licensed to conduct business in the state of Tennessee.

Equity Indexed Annuities