Whether you are looking for cash accumulation, creating an income for life, or leaving money behind to your
family, we can help. We offer the following types of Fixed Indexed Annuites:
Fixed Indexed Annuities are used for many things:
If you like the idea of upside potential with downside protection than an indexed annuity may be for you. Indexed Annuities are also referred to as fixed indexed annuities, because they have safety of a fixed annuity but with greater potential to accumulate interest. These annuities are linked to an index for example the S&P 500, Shiller Barclays Cape US, BNP Paribas, Russell 2000, a Global Blend, or some other index or combination of indices. The annuity company will credit interest based on which index the annuity is linked to. If the index was positive during the interest crediting period, than the indexed annuity will have positive interest credited. If the index is negative then no interest will be crediting, and this is where the downside protection applies from a built in floor.This way the value of your annuity won't decrease in value. Any interest that is earned is locked in and this will be your new starting point for the next interest crediting period. Interest crediting periods can rang from 1, 2,3, or even 5 years depending on the annuity. If you were to withdrawal 100% of your money out of your annuity before the term is up then a surrender penalty would apply. With the ups and downs of the stock market, many of people are tired of hoping they will recover what they have lost when the market goes down. You may not have time to wait and don't want to risk what you have saved up through your 401K, IRA, Mutual Funds, or Stocks. Whether your looking to create a guaranteed income for life, accumulation, or to leave money behind, we can help.
Depending on your needs and what is the indexed annuity company for your situation, there are lots of options. Most indexed annuities are for 10 year terms, but if an emergency should happen, you have access to the money in your annuity without penalty. If you choose an income annuity, you can even start a guaranteed income stream in the year one. Some indexed annuities provide a bonus, while others may provide a higher interest percentage on the accumulation amount.
At Secured First Financial we want to make sure you understand the pros and cons of using an indexed annuity for accumulating interest or a guaranteed life time income. Our agents will meet with you to figure out the best way an indexed annuity can benefit you. Rest assured, our financial representatives will maintain our relationship with you, to meet your needs.
Since we are independent we can shop for the best indexed annuities in the industry with top rated companies. If you would like us to research out the best annuity for your situation or if you would like to request appointment, please fill in your information below or give us a call.