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So, what is a fixed annuity? Simply put, it’s a contract between you and an insurance company. You invest a sum of money, and in return, the insurer guarantees a fixed interest rate on your investment over a specified period. At the end of the term, you can receive opt to roll it into a new annuity or you can begin receiving regular payments, ensuring a steady stream of income during retirement.
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Whether you’re looking to supplement your retirement income, plan for long-term savings, or reduce your immediate tax burden, fixed annuities offer a reliable and straightforward solution. Speak with one of our agents today to learn how a fixed annuity can help you achieve your financial goals and provide the security you deserve. Let’s build your future, one safe step at a time.
Disclaimer
This article is for informational purposes only and is not intended to stand alone as insurance or legal advice. Individual circumstances may vary, so when in doubt, contact Partridge-Zschau directly to discuss your specific needs.