Senior Benefits Plus
Providing Seniors With The Best Coverage Solutions
Senior Beneifits Plus is here for you! We are Top in our class and are known for our excellent service and attention to our customers needs. Give us call or click on the links to learn more. 816-793-3880
Variable Annuities
Variable Annuities
Growth Potential with Lifetime Income Options
Variable Annuities are a type of financial product designed to help you save for retirement while offering the potential for your investment to grow over time. Unlike fixed annuities, which guarantee a steady interest rate, Variable Annuities let you invest your money in various market options, such as stocks, bonds, or mutual funds.
Here’s how they work:
When you purchase a Variable Annuity, your contributions are placed into investment options you choose, often called subaccounts. These subaccounts can grow based on market performance. Over time, this growth can significantly increase your retirement savings. When you’re ready to start receiving income, you can choose from flexible payout options, including lifetime payments.
Key Features:
Growth Potential: Your investments grow based on the market performance of the subaccounts you select, offering a chance for higher returns.
Tax-Deferred Growth: You won’t pay taxes on your earnings until you withdraw them, helping your investment grow faster over time.
Lifetime Income Options: Many Variable Annuities offer the choice of guaranteed income for life, providing financial stability during retirement.
Customization: You can tailor your investment options to match your risk tolerance and financial goals, with choices ranging from conservative to aggressive.
Optional Riders: Some Variable Annuities offer additional features, like protection for beneficiaries or guaranteed minimum income, for an extra fee.
Why It’s a Good Fit for Seniors and New Investors: For seniors, Variable Annuities are a great way to supplement other retirement income sources like Social Security or pensions. They offer the opportunity for your savings to grow while providing options for guaranteed income to ensure long-term financial security. For those new to investing, Variable Annuities combine the benefits of market growth with professional management and built-in safety options, making them an accessible choice. Variable Annuities are an excellent solution if you’re looking to grow your retirement savings and enjoy flexible income options. Our team is here to help you explore whether this investment aligns with your financial goals and future needs.
Let us guide you toward a more secure and prosperous retirement.
Why It’s a Good Fit for Seniors and New Investors: For seniors, Variable Annuities are a great way to supplement other retirement income sources like Social Security or pensions. They offer the opportunity for your savings to grow while providing options for guaranteed income to ensure long-term financial security. For those new to investing, Variable Annuities combine the benefits of market growth with professional management and built-in safety options, making them an accessible choice. Variable Annuities are an excellent solution if you’re looking to grow your retirement savings and enjoy flexible income options. Our team is here to help you explore whether this investment aligns with your financial goals and future needs.
Let us guide you toward a more secure and prosperous retirement.
816-793-3880