The best retirement plans are the ones that help you to save the most money and offer you the flexibility to access your money when you need it. Annuities can be purchased in either a single payment or in multiple payments over time. Rocket Insurance can help you choose the best annuity plan for your retirement.
One of the biggest benefits of annuities are that they offer protection from the ups and downs of the stock market. The money you invest in an annuity is exempt from the market and will continue to pay out on a regular basis.
Sometimes there are gaps even in the best retirement plans. Annuities can provide you with a guaranteed income for the rest of your life and help fill any gaps that may occur within your other retirement plans such as pensions or 401ks.
In addition, taxes are deferred on annuities and are paid only when you start withdrawing the funds.
There is a variety of annuities you can purchase including fixed, variable, and long-term care riders.
Annuities might be a good option for those who aren’t sure they have saved enough to cover their expenses in retirement. Or for those who need an alternative way to acquire LTC. Or, even for those who want a safe investment to grow their hard-earned money. Rocket invests in people and will treat your investments like our own.