Annuities are a tax vehicle similar to an IRA but issued by an Insurance company rather than a bank. There are many types of Annuities, but they usually fall into two main categories: fixed or variable. Jefferson State Financial Group primarily works with fixed Annuity products.
The purpose of a fixed annuity from a life insurance company is to accumulate money tax-deferred for later pay out in the form of income. Fixed annuities offer the advantages of safety of principal and minimum interest rate guarantees. Some forms of fixed annuities, known as fixed index annuities provide the opportunity to link performance to fixed index performance.
Benefits offered by our annuities include:
To learn more contact us at 541-592-6262 or Request Personalized Information on Annuities.