Secure Your Future: Discover the Promise of Annuities
What are annuities?
Annuities are financial products designed to provide a steady income stream, typically during retirement. They are contracts between an individual and an insurance company. In exchange for a lump sum payment or series of payments, the insurance company agrees to make regular disbursements, either immediately or at some point in the future.
Types of Annuities
There are primarily two types of annuities: Immediate and Deferred.
As the name suggests, with an immediate annuity, you make a single lump-sum payment to the insurance company and start receiving payments almost immediately. This is often chosen by retirees who want to ensure a steady income stream.
With a deferred annuity, you make regular payments to the insurance company, and the payouts begin at a future date. This allows your investment to grow over time and is more suitable for those who are planning for future retirement.
Fixed vs. Variable Annuities
Fixed Annuities guarantee a certain payment amount, making them a more predictable investment.
Variable Annuities allow investors to choose from a basket of investments, and the payout will vary depending on the performance of these investments.
Benefits of Annuities
Annuities can offer tax-deferred growth, meaning you won’t pay taxes on your earnings until you withdraw the money. Additionally, there's no annual limit on the amount you can invest in an annuity, unlike other tax-deferred accounts.
Considerations for Annuities
Annuities as Part of Your Retirement Plan
When considering annuities, it's essential to think about your overall retirement plan. Annuities can provide a steady income stream, but they are just one piece of a comprehensive retirement strategy.
Flexibility in Annuities
Modern annuities offer flexibility in how you invest and receive payments:
Lump-sum option: Instead of regular payments, you might opt to take your benefit as a one-time payment.
Periodic withdrawals: This allows you to take funds from your annuity in amounts and at times of your choosing, within certain guidelines.
Income for life: Some annuities guarantee payments for the rest of your life, regardless of how long you live.
Licensed in Multiple States
Our multi-state licenses ensure accessibility to a broader range of insurance solutions.
We prioritize personalized service, taking the time to understand your unique needs and preferences.
Best Rates Possible
We commit to educating you about your options and securing the most competitive rates available, saving you money while ensuring comprehensive coverage.
YEARS OF EXPERIENCE
How It Works?
Get acquainted with the process of insurance. It takes just a few simple steps.
We will be glad to guide you a complimentary session to strategize and understand your needs.
Select Your Service
With your blessing, we will get to work on setting up a proper insurance plan for you and your family.
Receive Peace of Mind
You're all set! You're now ahead of the pack in securing your financial well-being for years to come.
What people say about us.
A few comments from our beloved clients
"I would like to thank Dr. Cheryl D. George for getting me a great insurance plan. She was very courteous expedient and thorough. I really appreciate her for finding me a very reasonable rate. I couldn't be happier keep up the great work."
"Dr. Cheryl D. George is an awesome colleague and an experienced agent and coach. Cheryl has many years of experience in the Life, Health, Property & Casualty Insurance industry as well as the Financial Industry as a whole! She is passionate about help people get the right coverage for their budget and showing people how to create their own legacy by proper planning!"
"Thank you kindly, Dr. Cheryl D. George (The Insurance Queen) for going the extra mile and taking great care of my mom's insurance needs as well as mine. I am grateful that our paths crossed and I will spread the word about your first-class, exceptional service! YOU ARE AWESOME!! #ladyinsurance"
"I appreciate working with Ms. Cheryl because she is very knowledgeable about the various organizations and products within her industry. She is likewise professional, efficient, and graciously patient with her clients. To sum it up, Ms. Cheryl is a blessing and a joy to work with!"
"Dr. Cheryl's LLC helped me find the most affordable plan that fit my health needs!! She was thorough and precise."
I loved working with Cheryl because they provided extensive details about our options, which empowered us to make informed decisions! We were shopping for a flexible and affordable plan that we could start right away and that’s exactly what we received!
"She went above and beyond to help me out would always pick up when i called i would recommend her to anyone who needs insurance"