How Retirement Annuities Work

An annuity is a financial contract between an insurance carrier and a purchaser. In general, the purchaser is either an investor or a retiree.

You can purchase annuities via monthly payments toward the principal amount or through a lump sum. In return, income will be paid out through either a one-time sum or a series of regular payments. The purpose is the provision of a guaranteed income stream.

These financial products are set up over a particular length of time, or conditional to the annuity holder’s death. Annuities are tax-deferred, which means that they are not subject to taxation until you withdraw them. They also generate interest over time. 

Dufault Insurance Agency’s Full-Range Annuity Insurance Carriers

When buying an annuity, you have a multitude of options for carriers and companies, both private and public. Insurance companies, banks, credit unions, and other financial groups are just some examples of reputable companies that sell annuities.

Dufault Insurance Agency’s agents will browse through all annuity sellers on your behalf, locating the most suitable options. Our team will compare and contrast the various options and find the best products for your needs. We’re happy to show you the advantages of securing your financial future.

Most Affordable Annuity Investments

Annuities are characterized by their premium payments and administrative and management fees. Our agents understand your need for secure yet affordable solutions and can pinpoint your most cost-effective choices.

These plans are also available in fixed, variable, and indexed options. We’ll evaluate both your present circumstances and future goals to help you choose the right product for you. Rest assured, we offer some of the best annuity rates in the local area.

Best Annuities from Leading Insurance Agents

We are proud to be recognized as a leader in insurance agency. Our team works for you, not for a particular carrier, and we can offer truly impartial advice and suggestions. We have years of experience in the industry and possess all relevant credentials and qualifications.

We are your one-stop shop for all your insurance needs.