UNIFIED FINANCIAL – ANNUITIES

An annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a guaranteed minimum amount, such as your total purchase payments.

There are generally two types of annuities—fixed and variable. In a fixed annuity, the insurance company guarantees that you will earn a minimum rate of interest during the time that your account is growing. The insurance company also guarantees that the periodic payments will be a guaranteed amount per dollar in your account. These periodic payments may last for a definite period, such as 20 years, or an indefinite period, such as your lifetime or the lifetime of you and your spouse.

When planning for retirement, you look for things like security, stability and financial independence. After all, no one wants to risk their future on a plan that doesn't cover all the bases. With a tax deferred annuity you can see your money increase immediately. You can take advantage of market gains to help you build an even bigger retirement income. You can avoid any risky moves that could cost you your money.

• Guaranteed protection when interest rates fall
• Guaranteed access to your money, penalty free
• Guaranteed monthly income that you cannot outlive

You pay no income taxes on interest credited until you withdraw funds or receive retirement income. We offer tax deferred annuities that provide retirement income, nursing home benefits, home health care benefits and guaranteed interest rates.