Annuities
Turn Your Savings Into Income You Can Count On.
I’ll help you compare fixed and fixed indexed annuities from top-rated carriers — so you can protect what you’ve saved and create a steady stream of income for retirement.
Why Consider an Annuity:
- Income you can’t outlive — an annuity can provide guaranteed payments for life, helping cover everyday expenses alongside Social Security
- Protection from market swings — fixed and fixed indexed annuities protect your principal from market losses while still offering the potential for growth
- Tax-deferred growth — your money grows tax-deferred until you take withdrawals, which can help your savings work harder over time
THE BASICS
What Is an Annuity?
A Simple Way to Plan for Retirement Income
An annuity is a contract with an insurance company. You make a lump-sum payment or a series of payments, and in return the insurer grows your money and, when you’re ready, pays you a reliable stream of income — for a set number of years or for the rest of your life.
Annuities aren’t right for everyone, but for many people approaching or in retirement, they fill an important role: turning part of your savings into a paycheck you can rely on. Many of my clients pair an annuity with life insurance so their spouse and family are protected, too.
Your Options
Common Types of Annuities
Fixed Annuities: Earn a guaranteed interest rate for a set period of time — similar to a CD, often with a competitive rate and tax-deferred growth. A good fit if you value predictability.
Fixed Indexed Annuities: Your growth is linked to a market index, like the S&P 500, up to a cap — but your principal is protected from market losses. A good fit if you want growth potential without the downside risk.
The right choice depends on your goals, your timeline, and how much income you’ll need. That’s the conversation I help you work through — with no pressure and no obligation.
Frequently Asked Questions
A fixed annuity pays a guaranteed interest rate for a set period. A fixed indexed annuity earns interest linked to a market index, up to a cap, while protecting your principal from market losses.
Most annuities allow limited penalty-free withdrawals each year. Withdrawing more during the surrender period can trigger surrender charges, so annuities work best for money you won’t need right away.
Earnings grow tax-deferred and are taxed as income when withdrawn. Withdrawals before age 59½ may also face an IRS penalty. Please talk with a tax professional about your situation.
Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company, which is why I work with highly rated carriers.
Related services: Social Security Guidance · Life Insurance & Final Expense
Get Your Free, No-Pressure Consultation
★★★★★ Rated 5.0 by 31 clients on Google.
Tell me a little about what you need and I’ll reach out personally — usually within one business day. Prefer to talk now? Call (401) 413-4183.
PLEASE NOTE: This Consent to Contact Form is optional. Submitting this optional form does NOT obligate you to enroll in a plan, affect your current or future Medicare enrollment, or automatically enroll you in a plan. By completing this form, your information will be provided to Ellen Daniels, a licensed insurance agent. You may be contacted by Ellen Daniels who is a licensed and certified representative of Medicare Advantage organizations and/or stand-alone Prescription Drug Plans. Each of the organizations they represent has a Medicare contract. Not affiliated nor endorsed by Medicare or any government agency.
Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are not FDIC insured, are not bank deposits, and may include surrender charges for early withdrawals. Ellen Daniels is a licensed insurance agent and does not provide tax or legal advice — please consult a tax professional about your situation.