Start growing your funds today with an annuity plan.
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An annuity is a policy in which you put money into in order to grow those funds and receive them as income. That income can be received either immediately or at a later time with a rate of return, such as during retirement. You can choose to either pay a lump sum or a number of payments paid yearly.
Selecting the right insurance agency is crucial when planning your financial future. At Richard Duffield, located in East Lansing, MI, we understand that choosing the best annuity insurance can be overwhelming. That’s why we’re dedicated to helping you make informed decisions that align with your long-term goals. Our team offers personalized service, ensuring that every option is carefully reviewed based on your retirement needs and lifestyle preferences. We take pride in our commitment to transparency and providing clear, easy-to-understand advice.
Whether you're looking for fixed, variable, or indexed annuities, our experienced professionals will guide you through every step of the process. We work with top-rated insurance providers, offering you a wide range of competitive options that provide stable income, tax-deferred growth, and peace of mind. At Richard Duffield, our focus is on building trust, delivering tailored solutions, and helping you secure your financial future. We’re not just another insurance provider; we’re your trusted partner in financial planning.
This plan provides several benefits, especially for individuals planning retirement in East Lansing, MI. One of the primary advantages is the ability to secure a steady stream of income for life, which offers peace of mind knowing your financial future is protected. With annuities, you benefit from tax-deferred growth, allowing your money to grow faster compared to taxable accounts. This feature ensures that your retirement savings work harder for you over time.
Another major benefit is flexibility. These products are customizable, offering different options like fixed or variable payouts depending on your needs. In East Lansing, MI, Richard Duffield helps you find the best annuity plan by working with top-rated providers, giving you access to a variety of plans tailored to your financial situation. Additionally, annuities can help protect against inflation and market volatility, ensuring that your retirement funds remain stable. Whether you're looking for guaranteed income or growth potential, annuity insurance offers the stability and security needed for a comfortable retirement.
Immediate - A long-term contract that provides guaranteed payments almost immediately after making your first payment. These payments can be received either over a lifetime or within a specified period of time.
Deferred - Lets you choose when you want the payments to start coming in, usually upon retirement after earning tax-deferred interest.
Fixed - The insurance company takes the investment risk by placing money into a fixed rate, such as in a bond. It guarantees a minimum interest rate you will earn over time.
Variable - Tax-deferred retirement plan that allows you to choose from different retirement options that pay you based on how well your investments do. These investments may include stocks, bonds, mutual funds, or money markets.
Or call for immediate assistance
833-647-5267