What are Annuities?
An annuity is another option when planning your retirement. Once an annuity is in place, you are essentially trading your current premiums for future income. During this process, your annuity will grow without paying taxes. When investing in annuities you are not just earning competative rates, but you may also pay less in current taxes.

Are there different types
of Annuities?
Yes, there are four simple types of annuities.
Deferred Annuities,
Fixed Annuities, and
Immediate Annuities.
Each annuity has its own purpose. Deferred annuities are set in place for long-term growth. Whereas immediate annuities are created to deliver current income. Ffixed annuities are just like they sound... stable.

What is
Tax Defferred Compounding?
One important advantage of annuities is tax deferred compounding. You directly earn interest....
on Principal,
on Interest, or
on Money you would have
paid in taxes.