1. Introduction to Annuities

Annuities are a cornerstone of a solid retirement plan, offering a unique combination of safety, income generation, and tax advantages. At BJT Insurance Solutions, we understand that securing your financial future is paramount. The range of annuity products we offer are designed to meet diverse retirement needs, whether you're looking to protect your principal from market downturns or ensure a steady income stream throughout your golden years.

2. Types of Annuities

There are various types of annuities we offer, such as; fixed, fixed-indexed, and immediate.

Fixed Indexed Annuities

Fixed-Indexed Annuities offer the potential for higher returns without risking your principal. Link your returns to a market index with the assurance that you will never lose money, even if the market declines. These annuities can provide a guaranteed lifetime income for you, or you and your spouse.

Fixed Multi-Year Guaranteed Annuities

A Fixed Multi-Year Guaranteed Annuity (MYGA) is a type of fixed annuity that offers a guaranteed interest rate for a specified period.

Immediate Annuities

For those seeking immediate income, immediate annuities start paying out within one year of purchase, offering a reliable, fixed income that can be structured to last a lifetime.

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3. Features and Benefits

BJT Insurance Solutions offers annuities from various insurance carriers that can help to increase your financial confidence in retirement. Annuities can benefit from tax-deferred growth, allowing your money to grow more efficiently over time. Choose from a range of payout options designed to provide financial security exactly when you need it.

4. Customization and Flexibility

Annuities come with optional riders that enhance your financial safety net. We offer solutions to customize your retirement plan to your unique needs.

Ready to chat?

Ready to take the next step in retirement planning? Contact one of BJT Insurance Solutions' today to find out how the annuity options we offer can help secure your financial future.

Capabilities

Analysis

We’ll conduct a comprehensive retirement income analysis to help you understand how to retire with confidence.

Customized

We’ll work with you to develop a customized retirement plan that fits into your overall goals.

Access

With access to annuity products from a wide range of insurance carriers, our team will search the marketplace to find the best solutions to meet your retirement income goals.

Common Questions about Annuities:

What types of annuities are available?

There are several types, including but not limited to fixed, fixed-indexed, and immediate. Each has unique features and benefits suited to different financial goals.

How do annuities provide income?

Some annuities offer lifetime income options, providing regular payments for the rest of your life. Others offer flexible payout schedules to meet your specific needs.

Are there fees associated with annuities?

There can be fees associated with annuities, our team will help you understand how they work. Fees can vary between insurance carriers.

Can I withdraw money from my annuity early?

Early withdrawals may be subject to surrender charges and taxes, especially if taken before age 59½. Specific rules depend on the annuity contract.

How do annuities offer tax advantages?

Some annuities allow your account value to grow tax-deferred, meaning you don't pay taxes on the earnings until you start taking withdrawals. *There are exceptions where you may not have to pay any taxes upon taking withdrawals.*

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