Open Doors with Complimentary Business Planning Services
December 17th, 2021
I want to wish everyone a very Merry Christmas and a Happy New Year. Thank You to everyone for their business in 2021!
As we are wind down the year, let’s start the planning for the new year 2022. We have seen another year of low rates and volatile markets. But I rather focus on the positive ways we have helped people retire and stay retired as well as assisting those preparing to retire come up with a plan of action. Continue to guide client’s with these key points:
Safety – Foremost, annuities are safe. They don’t go backwards and/or loose money if there is a market fluctuations. They provide the same return as promised on day one.
Deferring Taxes – Fixed and Fixed Indexed annuity’s offer deferred taxes and assist the money growth until the time the funds are withdrawn. Unlike a bank CD that generates a 1099 on the growth at the end of every year causing a tax bill, these annuities can defer the tax and therefore continue to generate growth.
Income – An annuity can generate an income in a number of ways. It can be set up to pay an income immediately or at a future date. It can be set up to provide income for a certain period or maybe even a lifetime.
Gifting – Some annuities can assist with gifting to children or even grandchildren. What if you could leave a gift for a child or grandchild for Christmas or a birthday for years after you have passed away? There are carriers to make that happen and carry on your Legacy.
For more Industry News and Tips and Resources regarding Retirement Planning,
Reach out to Scott Sandquist.