• Annuities:

    A product that is designed to provide a steady income stream in a specific time frame. It offers the flexibility of making periodic payments or one lump sum investments. Many annuities give the promise of a great start, a pleasing initial interest rate but these rates continue to fall year after year. For safety and simplicity and for income tax deferral, annuities are appealing. You will generally be tossed between two basic types of annuities. We help you shop around and avoid the pitfalls that come making rash decisions.

  • Fixed Annuities:

    Will limit risk by giving a payout of a fixed dollar amount. These are backed by safe and conservative investments such as US treasury bonds and CD’s. The drawback is that the payout figure could be rather small because of low interest rates development when comparison is made with other products. Look for a Guaranteed rate of return.

  • Variable Annuities:

    A more complex product due to the many options in its management. A portfolio that could allow for general combinations of investments. General being investments in sub-accounts which provide the promise of a higher return, at your own risk. If the investment in mutual funds is left to you to manage yourself, you may suffer or enjoy the consequence. Specify how much money to disperse and where.

    Traditional IRA:

    A storehouse for your investments that offers the possibility of tax deductible contributions and the benefit of tax-deferred growth. You can contribute up to $4,500 a year. An IRA must originate from earned income with a 10% penalty for early withdrawal before the age of 59 1/2 unless for specific reasons. We will discuss this with you upon inquiry.

    Roth IRA:

    The contribution of $4,500 for any single person with earnings up to $95,000, made with after-tax money that is allowed to grow tax-deferred and can be withdrawn tax and penalty free.


    A Simplified Employee Pension Plan that allows an employer or self-employed person, to make contributions toward his or her own and employees' retirement plans without becoming involved in more complex arrangements. The contributions are made to a traditional Individual Retirement Account (IRA) of each participant of the plan, hence the term SEP IRA.