Annuities
Secure Your Future with Reliable Income
At Gregory Financial, we specialize in providing annuity solutions that help ensure a steady and reliable income stream during retirement. Our annuities offer predictable payments over a fixed period or for the rest of your life, giving you peace of mind knowing your retirement is secure.
Reliable Income for Life
Tailored to Your Retirement Goals
Quick & Easy Process
Expert Guidance
Enjoy Special Benefits to Secure your Retirement
Guaranteed Income: Enjoy a consistent, predictable income stream for a set period or for the rest of your life.
Tax-Deferred Growth: Your investment grows tax-deferred, helping you build wealth until you start receiving payments.
Protection from Market Volatility: Fixed annuities offer stability, while variable annuities provide growth potential with some risk exposure.
Flexible Payment Options: Tailor your annuity with options for monthly, quarterly, or annual payouts to suit your financial needs.
Types of Annuities We Offer
Fixed Annuities
For those seeking stability, fixed annuities offer guaranteed returns with predictable payments. You will receive a set amount of income, regardless of market conditions.
Fixed Indexed Annuities
We’ll analyze your accounts and create a tailored strategy, focusing on risk, insurance, income, and taxes.
Immediate Annuities
We’ll put your personalized retirement plan into action, providing solutions that fit your goals.
Deferred Income Annuities
We’ll deliver your documents and provide ongoing support, ensuring your plan adapts to life’s changes.
Commonly Asked Questions About Annuities
We understand that choosing the right annuity can raise many questions. We’ve answered some of the most common questions to help you make an informed decision about your retirement income.
Are annuities a good investment?
Annuities can be an excellent investment for individuals seeking guaranteed income in retirement and tax-deferred growth. However, the suitability depends on your financial situation and retirement goals.
How do I know which annuity is right for me?
The right annuity depends on your retirement income needs, risk tolerance, and financial goals. Our experts at Gregory Financial will help you evaluate your options and select the best product.
Can I withdraw money from my annuity?
Withdrawals are possible, but depending on the type of annuity, there may be penalties for early withdrawals. Most carriers allow up to 10% penalty free withdrawals. Withdrawals upon death, terminal illness, and chronic needs can also be available depending on carrier specifics. We’ll help you understand all terms before you invest.
Can I change my annuity after purchasing it?
It depends on the type of annuity. Some annuities offer flexibility for adjustments, while others may have more rigid terms. Our team at Gregory Financial can help guide you through the options.
How are annuity payouts taxed?
Annuity payouts are typically taxed as ordinary income. However, since your investment grows tax-deferred, taxes are paid only when you start receiving payments.
Can I access my money before the payout period begins?
Some annuities allow early access, but withdrawals may incur penalties or fees. It’s important to discuss your options with Gregory Financial Insurance before making decisions.