Annuities

Individual Life Insurance

An annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a guaranteed minimum amount, such as your total purchase payments.

“With the right planning, annuities can play a pivotal part of your investment picture. They often complement a larger portfolio rather well.”-Jim Finegan

To explore annuities further, contact Insurance Planning Group at 610-254-0611 today.