When your current annuity contract ends in Florida, there are a few key things to consider before deciding what to do next. Here are some options to consider and the potential benefits of each: Cash out the annuity: If you need the money for a specific purpose or just want the flexibility to use it … Continue reading What To Consider When Your Florida Annuity Contract Ends
Category: Deferred Annuities
Florida Retirement System (FRS)
The Florida Retirement System (FRS) is a defined benefit pension plan that provides retirement and other benefits to eligible public employees in the state of Florida. It is the largest public pension plan in the state and serves over 1 million active and retired members. One option available to FRS members is the Deferred Retirement … Continue reading Florida Retirement System (FRS)
4 Steps To Creating A Family Legacy With An Annuity
Creating a family legacy is an important goal for many people, and annuities can be a useful tool in achieving this goal. Annuities are financial products that provide a stream of income over a specified period of time, and they can be a great way to create a lasting legacy for your family. Here are … Continue reading 4 Steps To Creating A Family Legacy With An Annuity
The Differences Between Annuities And Life Insurance
Annuities and life insurance are two financial products that serve different purposes and offer different types of protection and benefits. Here is a brief overview of the main differences between annuities and life insurance: Annuities: An annuity is a financial product that provides a steady stream of income over a specific period of time, either … Continue reading The Differences Between Annuities And Life Insurance
What Types Of Annuities Are Available In Florida?
There are several types of annuities available in Florida including: Fixed annuities: These annuities offer a guaranteed rate of return and are typically used as a way to save for retirement. Variable annuities: These annuities offer the potential for higher returns, but also come with greater risk as the value of the annuity is tied … Continue reading What Types Of Annuities Are Available In Florida?
