Auto Home  Life  Annuities  Health  Commercial

What are tax deferred annuities?  They are contracts that are issued by insurance companies that offer a guaranteed rate of interest and guaranteed payout options. Interest earnings inside of annuities grow on a tax deferred basis unlike other investments. Taxes are paid only when the money inside of the annuity is withdrawn. There are several advantages of tax deferred annuities. Annuities offer very competitive returns that exceed CD's, money market and savings accounts. Unlike other investments, these competitive returns are sheltered by taxes for as long as the earnings remain inside of the annuity.  

 

Annuities that act like CD's Credited interest rates in CD type annuities are guaranteed for the entire term. Terms vary anywhere between 5 and 10 years for most products. These annuities have gained in popularity as people are seeking guaranteed rates for periods exceeding one year. Equity Index Annuity Credited interest rates in equity indexed annuities are based on an index such as the S&P500.  Equity indexed annuities  have gained popularity quickly as many investors are attracted to the possibility of stock market returns on a tax deferred basis without the stock market risk. Rollover Your 401(k) to an Annuity   These annuity plans are suitable for those interested in avoiding the mandatory 20% withholding for federal taxes on distributions and the potential 10% penalty imposed on those under the age of 59 1/2.  A very good idea to consider when changing jobs and leaving your 401(k) with your previous employer. Immediate Annuities Single premium annuities that offer several payment options to the contract holder that currently offer competitive rates of interest and in some cases bonus rates of interest.   Allocate Your Annuity - Asset Allocation Relatively new in the industry but one of the most popular today. These annuities have several investment options inside including a fixed interest rate option. These annuities permit  investors to split up their money into different options. Investors seeking high returns while minimizing risk find the diversification features attractive. Great for 401(k) rollovers.   Flexible Premium Annuity Flexible premium annuities are perfect for investors who want a tax deferred investment that they may systematically add to on a consistent basis. Suitable for either traditional or Roth individual retirement accounts.   Bonus Annuity Bonus annuities offer bonus credited rates of interest usually in the first few years of the contract in addition to the current stated rate of interest. In some cases the additional bonus rate can exceed 7%. It is not uncommon for people to experience better than 14% in the first year with certain policies. Also very suitable for retirement plan rollovers. Find out more.  Here are some brochures to review about  annuities from Allianz.  Allianz Life Insurance Company of North America is a member of the Allianz Group, one of the world's leading integrated financial services providers and the 16th largest corporation, based on revenue.

Get to Know Allianz.pdf

Click here to see the MasterDex 5 Annuity Brochure

Click here to read the Statement of Understanding for the MasterDex 5

Click here to see the MasterDex 10 Annuity Brochure

Click here to read the Statement of Understanding for the MasterDex 10

Click here to see the InfiniDex 5 brochure

Click here to read the Statement of Understanding for the InfiniDex 5

.

Get started with your annuity today!  Call Chris Plante at 800.698.6014