Making the Most of Your Safe-Money Investments

Are you in the market to move some of your investment portfolio into a safe environment? Have you explored all of your options? Are you disappointed with the returns you’re seeing on CDs and Money Market accounts? With the current market conditions, where should you place your money?

Insurance companies are still able to offer competitive interest rates on fixed annuities. Depending on your objective, annuity contracts can be as short as one year or as long as ten years. The longer the contract, the higher the interest rate, but all of the current annuity rates are competitive.

Not only are fixed annuities able to offer competitive interest rates, but they also have the ability to generate an income stream, while preserving your initial deposit. This concept utilizes multiple annuities to create income, and includes one annuity that will grow tax-deferred back to your beginning balance. This allows you to take advantage of an income stream while still passing your original principal to your heirs or keeping it intact for later use.

Income riders offer another strategy for generating income from your annuity. These riders can be attached to your annuity contract to guarantee a steady stream of income that you cannot outlive. They also have the potential to produce increasing income to help you keep up with inflation, rising healthcare costs, and other cost-of-living increases.

Don’t be fooled by myths! Insurance contracts can offer a lot of flexibility. Some may offer complete liquidity with a return-of-premium feature, while others may offer waivers for nursing home confinement, terminal illness, and unemployment. With so many options available through insurance contracts, there is no reason to lose sleep. We can create a plan that is certain to meet your needs!