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An annuity is an investment vehicle which is designed to offer you both a high competitive rate of return on your investment and a guaranteed minimum return for your protection. What makes an annuity attractive is the triple compounding you receive on your investment.

Triple Compounding

  • Interest on principle
  • Interest on interest
  • Interest on tax-savings

In other words, the money normally withdrawn to pay taxes each year, remains in your annuity to compound growth for greater return.

Two common types of annuity investments are Single Premium Deferred Annuities (SPDA) and Flexible-Premium Deferred Annuities (FPDA). The difference is the first annuity is a one time lump sum payment investment; the flexible-premium annuity allows for additional periodic payments for investment on the principal.

Benefits of an Annuity

  • Safety of principal and interest
  • No probate
  • Interest accumulates tax-deferred
  • Exemption from creditors claims where permitted by law
  • Peace of mind

For more information, please check this product when you contact us.

 
 

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527 Bay Road Queensbury, New York 12804
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