Newman Crane & Associates Insurance | Central & Orlando, Florida

Annuities can seem like a relatively complex concept, but our experienced agents at Newman Crane make it their business to help you become an expert as well. Quite simply, an annuity is an agreement between a person and an insurance company to provide a specified return on an initial investment. Annuities are appealing to many investors, as you are guaranteed a return on your principal. The interest you will earn from your annuity can provide some extra funds that you may need after retirement.

There are several types of annuities. For example, fixed annuities offer a guaranteed return that will grow, even as taxes are deferred, while an indexed annuity doesn’t have a guaranteed interest, as it is tied to the returns of a leading index such as the S&P 500. If the stock market does well, you could actually earn a better return with an indexed annuity than you could with a fixed annuity. If the market drops, however, there is always the risk of a poor return on your investment.

With either type of annuity your initial principal is always guaranteed, which is one reason that so many of our clients choose to invest in this way.

Which is Annuity Better for You? Let’s Find Out Together.

At Newman Crane, our trained Annuity professionals can help you weigh the advantages and disadvantages of one type of annuity against another. For more information on these and other financial tools for your retirement or savings, call our Orlando Florida office today at 877.874.4673, or send in the quote request form on this page. We have a variety of exciting financial ideas and strategies we can’t wait to share with you.