Predictable Income Solutions

An annuity is a long-term financial tool designed to help you create reliable income for the future. It’s a simple agreement between you and an insurance company: you contribute funds, usually after-tax and in return, the insurer invests that money with the goal of helping you reach your financial goals. Over time, your earnings grow, and you (or your chosen beneficiary) receive those funds back through a steady stream of income.

There are different types of annuities to suit different needs.

With a fixed annuity, you get a guaranteed interest rate, providing stability and predictability you can count on.

A variable annuity gives you more control by linking your returns to market-based investments. While there’s potential for greater growth, it also comes with more risk—your final payout could be higher or lower than your initial investment.

One of the unique benefits of annuities is their tax-deferred growth. Your money can grow steadily over time, and you’ll only pay regular income tax on the earnings when you start making withdrawals. Plus, unlike many retirement accounts, annuities don’t come with strict contribution limits, giving you more flexibility to invest what you need, when you need.

At Income Resource Group, we’ll help you understand how annuities fit into your overall financial plan and guide you in choosing the option that supports your lifestyle and long-term goals.