Contact the annuity experts at Pathway Insurance. Our office number is 513-662-7000. As an independent agency we have access to companies offering the best interest rates on Cincinnati tax sheltered annuities.
Why Consider Annuities?
Higher tax rates are an absolute certainty. Protect what you have worked hard to earn, save and invest by considering the powerful benefits of a tax deferred annuity.
What is a Tax Deferred Annuity?
A tax deferred annuity is a long term savings vehicle that allows interest earnings to grow without taxation much like investments earnings in a 401(k) retirement pension plan.
Cincinnati Annuities may be qualified or non-qualified. A qualified annuity may accept IRA and other qualified rollovers from pension accounts.
Non-qualified annuities can accept funds from mutual funds, stocks or bonds, CD’s, savings accounts, money market accounts or funds obtained by inheritance, gifts, or lotto winners.
Where is the Money Invested?
Tax deferred annuities can be invested in a variety of different ways. For example a fixed annuity provides a guaranteed interest rate with no principal fluctuation.
An indexed annuity can be tied to the stock market with a guarantee of no principal losses even if the market drops.
Immediate annuities can provide a stream of monthly income that you will never outlive, and variable annuities are very similar to mutual funds with annuity types of guarantees, but subject to market fluctuation.
You can lose principal on variable annuities, in contrast to indexed annuities.
Why Tax-Deferred Annuities Are Beneficial?
The principal benefit of the Cincinnati tax deferred annuity is the power of tax deferral.
Especially is this important today as higher taxes are all but certain, especially with those with financial resources.
Earnings on annuities grow tax-deferred until they are withdrawn.
Is the Tax Deferred Annuity Right for You?
It depends on your circumstances. We have been helping families find the best rates on annuities in Cincinnati for more than 20 years!
Call Pathway Insurance at 513-662-7000 or toll-free 800-998-0662 for a free phone consultation.