Do you need a free annuity quote?
Do you have money to invest and not sure what to do with it? An annuity may be the answer you are looking for Excalibur Brokerage agents are experts at providing the right financial advice to help you get the best return on your investment. Putting your money into an annuity or even several annuities can be the best supplement to an investment portfolio. Getting a good return on your investment is important and we help consumers find the right annuities to accomplish this and the reviews from our customers speaks volumes. Learn more about the the different types of annuities below or if you are already intrigued and you want to know more about what Excalibur Brokerage can do for you regarding annuities then click here now! If you are not sure that investing your money in an annuity is the right choice for you read below to learn more. Remember an annuity is a good way to reward yourself in the future, putting money away for a rainy day whilst letting it gain value for you in the process.
What is an annuity? What kind of annuity is right for me?
There are two basic types of annuities – deferred (where you deposit money in either a lump sum or on a regular basis but don’t collect right away), and immediate (you begin receiving regular payments for the period selected once the monies are deposited). A further – and more critical – distinction is between fixed and variable annuities. Fixed deferred annuities guarantee you a basic interest rate during the accumulation phase, although they often claim interest rates that are a few points above that guaranteed rate. For example, a frequent marketing technique for fixed deferred annuities is to “guarantee” (and advertise) a relatively high interest rate. In the fine print you discover that the guaranteed rate is only good for six months or a year.
Fixed immediate annuities offer a guaranteed monthly income during the payout phase. Fixed annuities usually guarantee a death benefit at least equal to the premiums paid-in. At death, an annuity’s payment schedule varies according to the payment option you choose – ranging from nothing to a reduced payment to your spouse for as long as he or she lives.
Call Excalibur Brokerage today for more information regarding annuities at 800-652-9923