Find out which insurance product is better suited for you
Get expert guidance, every step of the way
Choose from 50+ top BBB accredited carriers
Why Policy Ocean?
-
01Personalized Plans Just For Youwe work closely with you to design insurance policies tailored specifically to what you
-
02Affordable Options, No Compromiseswe find options that comfortably fit within your budget, without compromising on quality or coverage
-
03Expert Guidance, Every Step of the WayOur dedicated team of experts will guide you through every decision, ensuring you're equipped with the knowledge to make the best choices.
-
04Trustworthy and Transparentwe value honesty and transparency. We provide clear details about our offerings and processes, and we're always here to answer any questions.
Invest Today, Reap the Rewards Forever with Annuities!
There are several types of annuities:
-
Immediate AnnuitiesWith an immediate annuity, you make a single lump-sum payment to the insurance company and start receiving payments right away.
-
Deferred AnnuitiesWith a deferred annuity, your money is invested for a period of time until you are ready to start taking withdrawals, typically in retirement.
-
Fixed AnnuitiesA fixed annuity provides a guaranteed interest rate on your contributions, offering a stable, predictable income stream.
-
Variable AnnuitiesWith a variable annuity, you can choose to invest your payments in various investment options, like mutual funds. The rate of return on your investment, and thus the size of the annuity payments, will vary depending on the performance of these investments.
-
Indexed AnnuitiesThese are a type of fixed annuity, but their interest rate is based on a market index, like the S&P 500. These have a guaranteed minimum return, but also a potential for a higher return if the market performs well.
Transform Your Retirement Dreams into Reality with Annuities!
Annuities offer a range of benefits …
Guaranteed Income
One of the primary advantages of annuities is the guarantee of periodic payments, ensuring a steady income stream. For many retirees, knowing they have a certain amount of money coming in, regardless of market conditions, provides peace of mind.
Lifetime Payments
Some annuities offer the option to receive payments for the rest of your life, reducing the risk of outliving your savings.
Tax Deferral
Money invested in a deferred annuity grows tax-deferred, meaning you won't pay taxes on your earnings until you make withdrawals. This allows your investment to compound and grow more rapidly than it might in a taxable account.
Death Benefit
Some annuities come with a death benefit, ensuring that if you pass away before you've received all of your money, a guaranteed amount will be passed on to your beneficiaries.
Flexibility
Many annuities offer riders or additional features (often at an extra cost) that can be tailored to individual needs, such as long-term care riders or cost-of-living adjustments.
No Annual Contribution Limits
Unlike IRAs or 401(k)s, annuities don't have annual contribution limits, allowing individuals to invest more money for retirement, especially if they're starting later and need to catch up.
Avoidance of Probate
In most cases, the benefits from annuities can be passed directly to beneficiaries without going through the probate process.
Diversification
Annuities can be a part of a diversified retirement portfolio, complementing other retirement savings and investment strategies.
Creditor Protection
In some jurisdictions, annuities are protected from creditors, making them a safe haven for assets in the event of lawsuits or bankruptcy (though this can vary by state and specific circumstances).
Protection from Market Volatility
Fixed annuities provide a guaranteed return, shielding you from the ups and downs of the market. Indexed annuities, while linked to a market index, often provide a guaranteed minimum return, providing a blend of potential market upside with downside protection.
Annuities Quote
Are you ready to complete our secure quote form to unlock your personalized coverage plan?
Our dedicated experts are committed to helping you every step of the way.
Get A Quote
Secure your family's future with Policy Ocean. Our tailored solutions ensure you get the best life insurance coverage, giving you peace of mind and your loved ones the protection they deserve. Dive into a sea of possibilities with Policy Ocean.
Copyright @ 2024
Netware Studio
Get Your Free Quote(855) 797-0657