It’s important for government and federal employees to plan ahead for their retirement. It is possible to relax and enjoy retirement without worrying about when you’ll run out of money. An annuity is a great way to earn interest while you save for a lifetime retirement income. With your money in an annuity, you’ll earn more interest than you would in a regular savings account, and you won’t have to pay taxes until you begin to receive payments from the annuity.
The best part about annuities is that you can have a guaranteed income for the rest of your life. You can use your retirement income to replace your previous income or use it for vacations, education for your children or grandchildren, a new car, or whatever else you’d like.
An annuity is also a safe place to keep your retirement money; there is no market risk, so you won’t lose money if the market decreases. Some annuities also have death benefits, so your beneficiaries can receive a specified amount when you pass away.
Many people are concerned that they will outlive their resources, but that’s not a problem if you have an annuity. Federal Advantage Benefit Company offers tax-deferred lifetime income annuities for federal and government employees.
If you’re interested in our annuity options, fill out the form to the right, or call us at 888-340-7187. One of our licensed representatives will help you find the right annuity option for your lifetime retirement income.
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