Funding Your Retirement Safely

Annuities are offered through insurance companies to be used as a steady income stream income during retirement. Annuities were originally designed to offer guaranteed annual income for the lifetime of the beneficiary.



Examples of Popular Annuities

Social Security is a form of annuity. It is a monthly income created from monies you pay into throughout your employment years. Pensions are another form of an employer-sponsored retirement plan that provides a monthly payment during retirement.



Annuity Payment Options

Immediate Annuities

are long-term, tax-deferred payment contracts that are guaranteed for life or specified period of time. Immediate Annuities may begin before retirement.



Deferred Annuities

are delayed monthly or lump-sum payments that grow tax deferred until the investor-derived schedule begins. There are two phases of Deferred Annuities:



    Accumulation

    is the period of time when you are putting money into your annuity. During this period, your account grows tax-deferred for an indefinite amount of time.



    Distribution

    is the period of time when you begin to withdraw money from your annuity you nay take money out in payments or in selected sums.



Why Should I Look Into Having an Annuity?

An annuity is a great option for individuals because they generally provide a higher rate of return, they have better guarantees, and the interest isn’t taxed until it’s used! Earnings from them can be used for supplemental income during retirement, and guaranteed financial independence as you age.



CMA Health Agency is an independent agency with trusted relationships with dozens of annuity insurers. Call our CMA team at 855-258-2580, or email us at info@CMAhealthagency.com.



Help With Choosing the Right Life Insurance

Before you purchase life insurance, it is critical to figure out the amount you will need, and type of life insurance that makes sense for your particular situation. is to meet with a qualified and licensed life insurance professional.



CMA Health Agency is an independent agency with trusted relationships with dozens of insurers. Call our CMA team at 855-258-2580, or email us at info@CMAhealthagency.com.