Explore the power of annuities. 

David Lerner Associates proudly offers Annuities from well-known companies such as Allianz, Nationwide and Prudential. Our trusted investment counselors are dedicated to helping you navigate the complexities of retirement planning. 

Annuity review

Do you have an old Annuity? Make an appointment for a Free Annuity Review to see if you are on track to reach your financial goals.


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About Annuities:

An annuity provides an income stream in exchange for a lump sum payment or a series of payments. Annuities are typically purchased as a way to provide retirement income, but they can also be used for other purposes, such as funding long-term care or providing a guaranteed income stream for a beneficiary.

There are several types of annuities, including:

  1. Fixed annuities: These annuities provide a guaranteed interest rate and a fixed payment stream over a set period of time.
  2. Variable annuities: These annuities are invested in a variety of funds, and the payout is based on the performance of the investments.
  3. Indexed annuities: These annuities are tied to a stock market index, and the payout is based on the performance of the index.
  4. Buffered Index Annuities: These annuities are also linked to a stock market index, but your participation in market gains and losses is restricted within ranges predetermined by the insurance company. Consequently, while the potential for significant upside gains might be limited, you gain the advantage of downside protection for your investment. This structure aims to strike a balance between risk and security, providing some peace of mind amidst market fluctuations.
  5. Immediate annuities: These annuities provide a guaranteed income stream starting immediately after the lump sum payment is made.
  6. Deferred annuities: These annuities provide a guaranteed income stream starting at a later date, usually after a set period of time or when the annuitant reaches a certain age.

Annuities can provide a guaranteed income stream for life, which can be beneficial for retirees who are concerned about outliving their savings. Annuities can also offer tax-deferred growth, which means that taxes on investment gains are not due until the funds are withdrawn. It’s important to carefully consider the terms and costs of an annuity before purchasing one. Consult with one of our Investment Counselors to determine whether an annuity is a suitable investment for your specific needs and goals.

Our team of dedicated investment counselors is committed to providing personalized strategies and guidance for your financial future. Contact us for a consultation and let us show you how our expertise can make a difference in your retirement journey. Together, we can create a comprehensive plan. 

All guarantees associated with annuities are backed by the claims-paying ability of the issuing insurance company. Guarantees do not apply to the safety or performance of amounts invested in variable investment options.

Learn More About Annuities:

David Lerner Associates

Understanding Annuities

An annuity is essentially a contract with an insurance company. You will typically pay the insurer a sum of money,...

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