In a recent Gallup Poll, people who had been asked about annuities believed:
- Annuities have a competitive rate of return
- Annuities provide a long term savings plan
- Annuities are important sources of retirement planning
- Annuities can ensure that a surviving spouse has a continuing income
- Annuities provide payout flexibility
- Annuities offer tax deferral
- Multiple beneficiaries can be named on annuities
Annuities can only be purchased through life insurance companies. Prior to purchasing an annuity with a life insurance company it is important to check the company’s ratings.
Tom Newsad has been building relationships for over 20 years and is based in Middletown, Ohio. Newsad Insurance Services offers equity indexed annuities as well as life, health, disability, and long term care insurance and serves Hamilton, Butler, Warren, Montgomery, Clermont, and Preble Counties and beyond.