An annuity is a versatile wealth management tool that allows you to create a steady stream of income for yourself in retirement. When you purchase an annuity, you'll contribute a specified amount of money "up front" that the insurance company will convert into a series of payments paid to you in the future.
With different payment schedules, tax implications, and levels of risk available, choosing between annuities can be confusing. At Seckel, we demystify this process. We'll take the time to understand your financial situation and goals, and we'll explain the implications of considerations like accelerated payments and tax advantages. By the end of our conversation, you'll be on your way to protecting your financial future with the annuity that's right for you.