A fixed annuity can help you accumulate tax-deferred earnings as part of your overall retirement plan. Annuities offer the opportunity for lifetime payments and tax-deferred earnings and provide a guaranteed death benefit for your beneficiaries. All guarantees are backed by the continued claims-paying ability of the issuing insurance company. You may want to consider investing in an annuity as part of your long-term financial strategy if:
- You're in a higher tax bracket and want to defer additional income.
- You've reached your deductible limit on all your retirement accounts and wish to save more for retirement.
McMahon Agency offers free, comparative quotes on Fixed Annuities from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.