Fixed Annuities in Las Vegas
Have your finances been on your mind a lot lately? Have you developed a plan that includes your retirement and the financial status of your children?
It’s not simple to figure out your own finances. Determining where your money should be placed is a hard question to answer. But these types of questions must be asked (and answered) eventually. If you are looking for answers to questions about annuities, life insurance, and other financial products, Cornerstone Wealth Management is here to offer assistance. As financial professionals, we will help you stabilize your financial future.
For many of our Las Vegas clients, investing in fixed annuities is a great choice for planning for the future. Despite the advantages, many people don’t know what fixed annuities are. Our team can help you learn about this product and work with you to decide if it is the right choice.
What Are Fixed Annuities?
An annuity, similar to life insurance, is a contract between an individual and a financial organization. After making premium payments, the individual will receive a lump sum or incremental payments. With fixed annuities, the owner gets a locked interest rate for a certain length of time. Anyone looking for a low-risk, predictable option will appreciate this investment.
Advantages of Fixed Annuities
Fixed annuities have been touted for years as a unique investment strategy that includes incredible benefits. Here are some of them:
- Predictability – Unlike many investments, you are certain to receive the money that you have invested.
- Tax deferral – Fixed annuities are tax-deferred investments, which means this money won’t be taxed you withdraw your investment.
- Shelter from creditors – Annuity investments cannot be touched by creditors in most situations and are safe from probate proceedings.
Please contact our office today to set up a consultation and learn more about fixed annuities in Las Vegas.