What is the big deal about annuities?

Simply stated, an annuity is an account with an insurance company in which the money invested in it accumulates and compounds tax deferred.  This affords you to gain tremendous tax control because you pay taxes only when you choose to receive payments, and then only on your earnings, never your principal.

There are generally two categories of annuities: Fixed rate, or sometimes known as Guaranteed Return Annuities (GRAs), and Variable Annuities. A GRA is a tax deferred account with a fixed rate of return and a Variable Annuity as a tax-deferred account in which the returns are based on the performance of the market.

Key Benefits

[ Home ] [ Newsletters ] [ Client Reports ] [ News ] [ Advisor Files ] [ Services ] [ Products ] [ Client Accounts ] [ Our Advisors ] [ Our Staff ] [ Brochures ] [ Site Links ] [ Fin. Calculators ]

Send mail to webmaster@fimadvisors.com with questions or comments about this web site.

Regulatory Disclosure Information

Securities offered through Mutual Service Corporation. Mutual Service Corporation and LPL Financial are affiliated companies and are members of FINRA/SIPC. FINRA web site is www.FINRA.org.  Investment Advisory Services offered through Financial & Investment Management Advisors, Inc., an SEC Registered Investment Advisory Firm. Financial & Investment Management Advisors, Inc. is not affiliated with Mutual Service Corporation or LPL Financial.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, and Certified Financial PLANNER™, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Copyright © 2000-2008 Financial & Investment Management Advisors, Inc.
Last modified: May 01, 2008