Annuities

annuities.jpg Fairway Capital serves the retirement needs of high net worth seniors with our wide array of annuity products.  An annuity is an agreement for an entity (typically an insurance company) to pay another a series of payments  Annuities are another opportunity to provide income for your retirement, acting as excellent supplements to a 401(k) program or IRA.  that are distributed at specific points of the life of an annuity contract.

Why should you consider an annuity?  An annuity can serve numerous purposes and offer attractive benefits, including:
  • Provide secure and regular lifetime income, so that you can receive a stream of payments that can last as long as you do, depending on the annuity.
  • Help you to achieve your retirement income goals, often in conjunction with a 401(k) and IRA.
  • Provide you with tax deferral on investment earnings, since annuities are not taxable until you withdraw money.
  • Help you to diversify your investment portfolio, so that you can have less risk in this investment category, as well as the fact that many annuity companies offer a variety of investment options
  • Allow tax-free transfers among investment options, since with annuities there are no tax consequences if you change how your funds are invested
  • Help with portfolio allocation, especially in avoiding capital gains taxes
  • Potentially provide a benefit to your heirs, if you buy a “guaranteed period” with an immediate annuity.
  • Help protect your assets from creditors.

Fairway Capital offers an array of annuity products, including:

  • Fixed annuities – provides a conservative guaranteed tax-deferred return on your investment.
  • Variable Annuities – that allow you to direct how your premium payment is allocated between various investment portfolios.
  • Indexed Annuities – whose performance is aimed at matching various stock market indices with downside protection.

The payout phase begins when you decide to take income from your annuity, typically during retirement, at which time you can receive partial withdrawals, cash-out/surrender, or convert your annuity into a stream of income payments. 

For more information and inquires to see how Fairway Capital can help you, contact us today.

« Back to Services