At American Senior Savings, we believe in helping you plan for a financially stable and stress-free retirement. Annuities are a powerful tool to protect your savings, provide guaranteed income, and ensure peace of mind for years to come.
Annuities are financial products designed to provide a steady stream of income, either immediately or in the future. They are ideal for retirees or anyone looking to secure long-term income and grow their savings with minimal risk. Think of annuities as your personal paycheck in retirement!
At American Senior Savings, we simplify the annuity process. Our licensed professionals provide personalized recommendations tailored to your unique goals. Whether you’re exploring annuities for the first time or seeking a review of your current plan, we’re here to guide you every step of the way.
Make your retirement years worry-free with the stability and security of annuities. We’re here to help—let’s start planning your brighter future today.
Yes! Annuities are backed by the financial strength of the issuing insurance company and come with various guarantees to protect your investment.
That’s where we come in. Our team works with you to understand your goals and recommend a plan tailored to your needs.
Fixed annuities provide a guaranteed interest rate for a specific period. They offer a stable and predictable income stream, making them suitable for individuals who prioritize principal protection and a reliable source of income.
Variable annuities allow individuals to invest in a selection of investment options, such as mutual funds. The return on investment is dependent on the performance of the chosen investments, offering the potential for higher growth but also carrying market risks.
Indexed annuities provide returns based on the performance of a specific market index, such as the S&P 500. They offer the potential for higher returns than fixed annuities while providing some protection against market downturns.
Immediate annuities start providing income payments shortly after the initial premium payment. They are suitable for individuals seeking immediate income without a long accumulation phase.
Deferred annuities have an accumulation phase during which the funds grow tax-deferred before the income payments begin. They are often used for long-term retirement planning and allow individuals to accumulate more significant funds over time.
Annuities often come with riders and additional options that can be customized to meet individual needs. These may include features like lifetime income guarantees, enhanced death benefits, inflation protection, and long-term care coverage. It’s important to carefully review and understand these options to ensure they align with your retirement goals and preferences.
Lifetime Income Guarantees
Some annuities offer lifetime income guarantees, ensuring that you will receive income payments for the rest of your life, regardless of how long you live. This feature provides peace of mind and protects against the risk of outliving your retirement savings.
Joint and Survivor Options
For married individuals, annuities often offer joint and survivor options. This means that even after the primary annuitant passes away, the surviving spouse continues to receive income payments for their lifetime.
Income Riders and Enhanced Payout Options
Annuities may also include income riders or enhanced payout options that can further customize the income stream. These riders can provide additional features such as increased income payments, cost-of-living adjustments, or other benefits tailored to individual needs.
Death Benefit Options for Beneficiaries
Annuities typically include death benefit options that allow beneficiaries to receive the remaining value of the annuity in the event of the annuitant’s death. The specific death benefit options can vary, and it’s important to review the terms of the annuity contract to understand the available choices.
Contact Dhina today for a free consultation and personalized guidance!
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Not connected with or endorsed by the United States government or the federal Medicare program
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 of your options.
Medicare has neither reviewed nor endorsed this information. Not connected with or endorsed by the United States government or the federal Medicare program.
By calling the number above you will be directed to a licensed insurance agent. Medicare has neither reviewed nor endorsed this information. Last Updated 5-11-2016.
Anthem Blue Cross is the trade name of Blue Cross of California. Independent licensee of the Blue Cross Association. ANTHEM is a registered trademark of Anthem Insurance Companies, Inc. The Blue Cross name and symbol are registered marks of the Blue Cross Association.
In some states, all Medicare Supplement plans are offered to qualified individuals under the age of 65.
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