JIM POSEY INSURANCE SERVICES

An IRA is a retirement investing tool that can be either an "individual retirement account" or an "individual retirement annuity". Eventual withdrawal is taxed as income, including the capital gains, but since your income is likely to be less once you retire, you will be taxed at a lower rate. Combined with potential tax savings at the time of contribution, IRAs can prove to be very valuable tax management tools for individuals. Also, depending upon an individual's income, they may be able to fit themselves into a lower tax bracket with tax-deductible contributions during their working years while still enjoying a low tax bracket during retirement.

We offer a variety of fixed deferred annuities, including the index annuity.
The main reasons annuities have such strong appeal in today's market are:

Tax Advantages: tax-deferred growth along with tax-advantaged payout on annuitization.
Income for Life: guarantee a stream of payments that cannot be outlived by the annuitant.
Safety of Premium: Fixed and indexed annuities contain provisions that allow the owner to help minimize the risk.

Fixed annuities are a valuable addition to any retirement portfolio.