Annuity Payments Don’t Make Your Retirement: They Make It Better

Answers to frequently asked questions about how annuities work, what they can do for retirees, how they are taxed and how inflation affects them.

Annuities can seem daunting at first glance or even after multiple glances, but what if they didn’t need to be as mysterious. This Kiplinger article addresses some parts of annuities that may cause confusion as well as how having annuities can often benefit your retirement plan in the long term.

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Source Article: https://www.kiplinger.com/retirement/annuities/604254/annuity-payments-dont-make-your-retirement-they-make-it-better

Investing involves risk, including the potential loss of principal. Any references to protection benefits, safety, security, and lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Gregory Ricks & Associates is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1242289 -3/22