Nov 7 2017

Annuities – Horace Mann #credit #reports

#horace mann insurance # Annuities An annuity is a contract between you and a life insurance company that allows you to save money for retirement. Annuities can provide a lump sum payment or periodic payments at specified intervals, usually after retirement. Annuities can be fixed, variable or indexed depending on the level of risk you are willing to take. And, they can be qualified or non-qualified. Annuities may be issued in connection with qualified retirement plans or arrangements (qualified annuities) or issued as a non-qualified annuity. All annuities receive tax deferral on the earnings. Qualified annuities receive additional tax advantages …