Planning for your
future includes planning for retirement. And one of the
best vehicles to make sure your retirement funds will be
there when you're ready is investing in Annuities.
Annuities offer you the flexibility
of the market, compounding your gains or returns with
fixed rates and guarantees of principal. Select
Insurance Services directs clients to look at two types
Annuities, Fixed Annuities and Indexed Annuities.
Fixed Annuities allow you to obtain a
fixed rate of return on your investment, while your
investment must remain in place for a designated amount
of time. However your returns are tax deferred and there
is no penalty for a withdrawal of up to 10 percent of
the investment. Indexed annuities allow you to see
significant returns during bull markets. And you are
protected against Declining markets by a guaranteed base
rate. Again all returns are tax deferred and withdrawals
of up to 10 percent (per year) are penalty free.
Whether you want the
guarantee of a higher fixed rate or the opportunity of
higher returns in an expanding market, Select Insurance
Services will help you pick the right plan for you. Plus
returns can help offset the costs of long-term
health care plans, another important component of proper
planning for your retirement and the future.
