Phoenix Annuity Plans

Headley Insurance Agency LLC can help eliminate the worries of outliving your income and savings by offering annuities that are designed to provide a consistent cash flow throughout your retirement. Our Phoenix insurance advisers can help you choose from a range of flexible plans that will allow you to protect your savings and generate a reliable stream of income for your golden years.

Why Purchase an Annuity?

There are various benefits to purchasing an annuity to supplement your retirement including:

  • Guaranteed income for the duration of the annuity
  • No annual limit to contributions
  • Prior to withdrawal, all investments into the annuity are tax-deferred
  • Beneficiaries are eligible for death benefits
  • Principal protection against loss in down markets

Fixed Annuities:

Receive a fixed monthly payment for life when you pay upfront. A fixed annuity provides you with a steady income that remains unaffected by market changes.

Benefits of a Fixed Annuity:

  • An anticipated return you can count on
  • Income growth potential
  • Tax deferred growth
  • Guaranteed minimum interest rates
  • 100% protection of your accumulated wealth
  • Access to your money for unexpected events
  • No limit to the amount you can contribute

Annuity Payout Options

There are two primary forms that annuity payouts can take. Both have unique benefits, and drawbacks.

  1. Life Annuity; this format of annuity offers the highest income, but can’t be paid out to a beneficiary in the event of annuitant/recipient's death. There are numerous factors that may influence your maximum and minimum payments including age, sex, current interest rates, and cost of living.
  2. Term Certain Annuity; this format is payable for a fixed time that is decided by the purchaser of the annuity. The minimum and maximum payments of this format can also fluctuate based on a variety of factors.

Consult with a Headley Insurance Agency LLC adviser in Phoenix to answer any of your insurance and annuity questions. We look forward to hearing from you!