BENEFITS USING ANNUITY

      Tax deferral

Annuities was the only investment that is inherently accorded tax-deferred status. Furthermore, 

annuities have no limit on the amount of money that can be placed into them and also no income 

phase out schedules advantage over Individual Retirement Account (IRAs) and qualified plans for 

wealthy investors who can shelter millions of money taxation inside these contracts. 

Guaranteed Payout

Usually annuitants that choose any type of life payout option can rest assured that they will receive

some sort of payments until they die, even if the completely exhaust the value of the contract

beforehand.

Protection from probate and creditors

Generally annuity contract are exempt from creditors in most cases and are unconditionally exempt from

probate proceedings nationwide. Sometimes exemption from creditors can vary somewhat from 

one state to another.