Providing Annuities in Arizona
Annuities are tax-deferred savings products that life insurance companies offer. There are three basic types of annuities:
Single Premium Deferred Annuities allow you to deposit a single lump sum amount, and the monies accumulate tax-free.
Single Premium Immediate Annuities are used to create an immediate payout, whether monthly, quarterly, or yearly.
Flexible Premium Annuities allow you to deposit an initial premium and subsequent deposits on various deposit modes. The dollars also grow tax-deferred.
Indexed Annuities allow you to invest in ******************************
For investors, annuities provide a wide spectrum of risk tolerances: from fixed interest to equity index with principle guarantees. Tax-deferred annuities provide better gains than traditional CD's and yet superior security. Leonard's Financial Coordinating Services can help you to determine whether they should be part of your overall investment portfolio.
