Annuities
Annuities
There are several different types of Annuities, all with different functions and purpose. If your goal is protecting what you have, then you could consider a fixed or fixed indexed annuity. They provide potential to grow your savings or create a guaranteed stream of income you can't outlive, while protecting your principal at the same time. A fixed annuity is a type of insurance contract that promises to pay the buyer a specific, guaranteed interest rate on their contributions to the account. While an indexed annuity is a type of annuity contract that pays an interest rate based on the performance of a specified market index, such as the S&P 500. Both types of annuities can function as a bond alternative inside of your portfolio for the portion of your assets you want to keep safe from risk of market declines.
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We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.
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