Annuities and retirement
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Preferred Insurance represents multiple A rated carriers to provide you the best rates for your specific needs.
An annuity is:
• A long-term, tax-deferred investment
• Able to provide protection for income, legacy and
spousal needs
• Issued by an insurance company
• Purchased through a licensed financial advisor
• Able to be tailored to your unique retirement
needs to help protect what matters to you
Annuities can provide:
* LIFETIME INCOME - An annuity can provide you income for as long as you live through annuitization,** which converts your assets into an income stream at
no extra cost, or via an optional benefit rider available for an additional cost.
* LEGACY PLANNING - An annuity can provide you the opportunity to create a living legacy by preserving funds for future generations in a tax-efficient manner.
* SPOUSAL OPPORTUNITES - An annuity can be used to protect and preserve assets for a surviving spouse through death benefits and/or living benefits to sustain their
ongoing lifestyle.
**Annuitization is a one-time process of taking your annuity account and turning it into regular payments that will last for the rest of your life. The annuitized payments continue, regardless of how long you live, even if the total payments exceed the original account value.