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⭐️‼️The 3 Types of Annuities Explained: Fixed, Variable & Indexed 📊 Often annuities get mixed up with one another 🤔 They all have pros and cons. So making sure you understand the difference is key 🔑 Also, some features of one annuity aren’t even available or apply to another annuity! 📲 Comment “FIA” if you want to see how an indexed annuity can help you protect your retirement and turn into an income stream when you retire 💸 ##IUL##LifeInsurance##LivingBenefits##Annuity#FIA
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⭐️‼️The 3 Types of Annuities Explained: Fixed, Variable & Indexed 📊 Often annuities get mixed up with one another 🤔 They all have pros and cons. So making sure you understand the difference is key 🔑 Also, some features of one annuity aren’t even available or apply to another annuity! 📲 Comment “FIA” if you want to see how an indexed annuity can help you protect your retirement and turn into an income stream when you retire 💸 ##IUL##LifeInsurance##LivingBenefits##Annuity#FIA
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What is an annuity and how does an annuity work? Let’s break it down in a simple, friendly way 👇 An annuity is a way of turning your pension pot into a guaranteed income for life. Once you reach pension access age, you can use some or all of your pension to buy an annuity from an insurance company. In return, they promise to pay you a regular income, usually for the rest of your life. Here’s how it works. First, you can normally take up to 25% of your pension as tax-free cash. The remaining mon
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A 401(k), an IRA, and the savings account is not a retirement plan. It’s a starting point. Here’s the difference. #retirementplanning #retirement #401k #retirementincome #annuity
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