ADVISOR
FINANCIAL SERVICES
Colorado Financial Advisor
Colorado Annuities
Colorado Financial Advisor Colorado Annuities
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Colorado Springs
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Annuities We have annuities offered by several major insurance companies. We would be glad to send you more information and brochures and answer your questions. Be sure that you understand how an annuity works before making an investment. Annuities are suited for long term investing, and can generate guaranteed retirement income, guaranteed by the issuing insurance company. Make sure that you understand any fees and surrender charges and that you review the financial strength of the insurance company. If you already own an annuity, that you are unhappy with, we can explain how you can do a tax-free exchange (Section 1035 exchange) of your annuity into another annuity product, that may offer better performance or features. Call us or click here for a Free Consultation on your annuity questions.
Fixed and variable annuities can help you achieve your investing goals in a tax-deferred product.
Annuities are issued by insurance companies and provide a tax-deferred vehicle for savings and a guaranteed stream of income during retirement. You can choose a monthly income stream for a certain number of years or for life. Fixed annuities provide a fixed rate of return, that may be reset periodically. Variable annuities offer numerous investment choices with a variable rate of return, tied to the stock market or bond market performance. Some annuities also offer long term care benefits.
Fixed annuities are a more conservative investment than variable annuities. One fixed annuity for your consideration is the Dominator Plus annuity from Allianz Life Insurance. Here is a consumer brochure that describes this fixed annuity.
Dominator Plus Fixed Annuity Brochure
This fixed annuity has a minimum investment of $2,000 qualified/$5,000 nonqualified, and pays a higher interest rate for investments above $25,000 and above $100,000. Initial interest rates may be guaranteed for 5 years or 10 years. It has surrender charges, but it allows you to take withdrawals of up to 10% of your paid premium each year. Accelerated distributions are available, if needed, after the first contract year, for a nursing home or long term care facility. After one year of accumulation, you may choose to begin receiving monthly income from the annuity for a fixed number of years, or for life. The amount of your monthly payment depends on your accumulated value, age, life expectancy and the payment option selected.
One good variable annuity to consider is the Ameritas No-Load Variable Annuity, with no sales commissions and no surrender charges, offered by Ameritas Life Insurance Corp. Minimum investment is $2,000. It offers over 50 investment choices. A Guaranteed Lifetime Withdrawal Benefit option is available, which provides a lifetime income.
Here are the consumer brochures for this annuity:
Ameritas No-Load Variable Annuity Brochure Ameritas No-Load Variable Annuity Investment Options Guaranteed Lifetime Withdrawal Benefit (GLWB) Brochure Guaranteed Lifetime Withdrawal Benefit FAQs
Another variable annuity for your consideration is the Monument Advisor annuity from Jefferson National Life Insurance, with no sales commissions and no surrender charges. Minimum investment is $25,000. It offers over 200 investment choices to suit your needs. We can answer your variable annuity questions.
Here are
some links for more information on the Jefferson National Monument Advisor annuity:
Monument
Advisor Investment Choices
Monument
Advisor Application Forms
For
a variable annuity, you will need someone to select and manage your
investment choices. Although many companies claim to have a wide
variety of investment choices in their variable annuity, upon a closer
look, this is often an opinion, not a fact. You need lots of
different asset classes for investment choices so that you can change
your investment selections when needed.
Some variable annuities offer many investment choices that are
all similar, in the same asset class, while not offering investment choices in
other asset classes that you may need. For
proper diversification and asset allocation, you need lots of different asset
classes to choose from, not lots of investments in the same asset class.
A side by side comparison of investment choices, sorted by asset class, is
needed to make a wise decision and avoid buying a bad variable annuity. If you prefer, you can reduce or avoid stock market investments by choosing
only bond market investments such as money market, short term bonds, government
bonds, corporate bonds, high yield bonds, strategic income bonds, foreign bonds,
emerging market bonds and global bonds. We can help you design a
diversified bond market portfolio of fixed income investments. This
provides great flexibility, allowing you to choose stock market investments for your
portfolio only if and when you want to. If oil and gas stocks are doing well, you want to have an
energy investment to choose. If the stock market goes into a long decline,
you want to have a bear market investment choice. Other sectors that are
valuable to have available are health care, technology, financial, real estate,
commodities and precious metals. International stocks and emerging markets are also good to have
on the menu of choices. We can help you compare annuities and avoid costly mistakes
before you buy. If you buy the wrong annuity, you may be trapped and find
you cannot get out for many years without paying a big penalty in the form of an
exit fee or surrender charge. Beware of buying
annuities inside your IRA account. This may be redundant since your IRA is already a tax deferred account. An annuity is also
tax-deferred, so there is no tax benefit from buying an annuity in an IRA.
And the annuity allows you to invest as much as you want. But if you put
it inside an IRA, your annual IRA contributions are limited. As a
fee-based investment advisor and annuity advisor, we can advise you or
manage the investment choices in your variable annuity for a low management or advisory fee. We
do not sell variable annuities for sales commissions.
We
work for you and advise you, as our client. Call
us or click
here for a Free
Consultation on your annuity questions. Thank you for visiting our website! |
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