Certificates of Deposit (CDs) are viewed by many as safe investments. CDs are short-term, FDIC insured (up to $250,000), and interest-bearing. They are popular with conservative-minded people because they are safe and simple. However, Florida fixed annuities are an alternative that offer many additional benefits.<\/p>\n
1.Fixed index annuities offer the upside potential of market index growth with no downside market risk. They will also give you 3-10% more money growing in your account on the very first day of your policy.<\/p>\n
2.\u00a0Florida fixed annuities can lower your provisional income and reduce the tax liability imposed on your Social Security benefits.<\/p>\n
3. Your heirs can receive more of your estate\u2019s full value with fixed annuities because unlike CDs they dont go to probate.<\/p>\n
4. Interest gains from CDs are taxable on an annual basis while interest gains from fixed annuities are tax-deferred.<\/p>\n
5. Generally, money in CDs is only accessible for a short time at the end of the CDs term.\u00a0Florida fixed annuities offer multiple ways to access your money such as penalty-free withdrawals and policy loans.<\/p>\n
For more information or to arrange a review of you current financial situation and future goals please contact: Robert Colucci 352-200-2066<\/p>\n