Intro to Annuities: Will Your Retirement Savings Be There for You?

Featuring Financial Consultant Thomas A. Davia, CFP®

Each year, more people are facing a retirement that may last 30 years or longer. But many retirees will have to provide their own retirement income, without a traditional pension plan to depend on as a source of income.

A common tool to bridge that income gap can be an annuity. There are plenty of misconceptions around annuities, so if you have questions, this webinar video is for you!

We'll discuss what an annuity is, how it can provide you with supplemental retirement income beyond IRAs and 401(k)s, and the different types of payout options and factors affecting payouts.

Some necessary disclosures:
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.​

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.

The information provided is not intended to be a substitute for specific individualized tax planning or legal advice. We suggest that you consult with a qualified tax or legal professional.