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The Best Fixed Annuities in Maryland

Best Fixed Annuities in Maryland


Maryland Annuity Resource is the best place in Maryland to learn about, shop and compare and discover what Fixed Annuities can do for you. Many investors over the years have utilized fixed annuities in their portfolio to help maintain liquidity while achieving a set fixed interest rate that they know will not fluctuate with market conditions. There are many factors to consider while shopping for a fixed annuity and the most important is the term. You have to think about your time horizon and what you think the market will be during your investment period while also trying to forecast what rates will be when your annuity matures. Many investors use fixed annuities in a 3,5,7,10 year laddering strategy while rolling over each fixed annuity to another fixed annuity with a longer term.

 

Fixed Annuities are great investments but they are not suitable for many as they lack other financial instruments that normally would be part of a portfolio. We see that many of our clients are heavy in stocks and extra heavy in mutual funds. It is their choice as each investor has their own style and own view of the economy and what the market is doing. It is kind of like a religion as a good friend of mine will only invest in real estate. I have told him many times that there are too many outside contributing factors to consider real estate a sound investment. Many clients over the past ten years were house heavy where most of their income was going to pay off an inflated mortgage for an inflated artificial housing market boom. We feel that fixed annuities are simple to understand and simple to open and rollover.

The interest on fixed annuities is not what it used to be and many investors have moved on to other investments. They are on the comeback as many people have realized that with risk comes reward and also sometimes catastrophic losses. We feel that you can never lose with fixed annuities because you get what you pay for. Just recently there was a carrier in Maryland that offered a higher interest rate than other carriers and we as many of our clients jumped on it. After a few weeks, I called and asked about the application and we were told that there was such an overwhelming response to their product offering that underwriting was backlogged. So in essence to the blog post and other stories, investors know a good deal when they see one and we won’t always sell you a product, but we will make sure you know what it is and how it can fit into your portfolio. Take a look at Fixed Annuities and see if they are a fit for you.

 

Thank you

Jack Fleming – Maryland Annuity Broker

The Best Annuities in Maryland

The Best Annuities in Maryland

Maryland Annuity Resource is the best place in Maryland to learn about, purchase, and discover new ways to use Annuities to achieve your financial freedom. We created this website to allow the masses to discover that just like bank, insurance companies have investment products and they are called Annuities. When you first started saving money, your grandfather told you to put it in a jar and bury it in the backyard. You grandmother told you to put it between the mattress and box springs. Your parents asked you where you got all of that money and told you they would hold it for you. What ever your story is about your first chance to save money. We are here to tell you about Annuities and what they offer you in regards to interest rates and guarantees that are contractually bound.

 

There are all types of Annuities to fit your life stages and goals, but it is up to you and us to help you discover what an Annuity actually is and how it can help you be disciplined and save money. Annuities are insurance contracts between you and an insurance company, just like a CD is a contract between you and a bank. Instead of a bank, you deposit your money with help from a broker with an insurance company. Annuity issue ages are age 0-80 so even newborns can open annuities with help from their parents or grandparents. Imagine having a baby and going home and already knowing that money that you put aside is working to ensure a college education for that child.

There are many uses and ways to use Annuities to save money and accumulate wealth as well as protect it. Each state that offers annuities have laws that protect annuitants from creditors when it comes to cash value and lifetime payments and dealing with creditors. We are not lawyers, but it you search it, you will find it.

We hope you find our website useful and informative and sets you on your path to saving more money and having your money work for you. Remember that once interest is credited to an account with an Annuity, it cannot go down. Yes that is right, it cannot go down. You have many choices from Fixed Annuities, Fixed Indexed Annuities, Immediate Annuities, and MYGA Annuities for those that really want a guaranteed interest rate. We look forward to working with you and are here for your questions and also to help you on the path to financial freedom and lifetime income.

 

Thank you

 

Jack Fleming – Maryland Annuity Broker

 

Lifetime Income with Fixed Indexed Annuity Income Riders

Create a Lifetime Income stream with Fixed Indexed Annuity Income Riders

Maryland Annuity Resource cannot stress enough that Social Security will not be enough and the 4% withdrawal rule for most financial planners will most likely leave you closer to poverty. When you retire and have a fixed income it does not change, but with Annuity Income Riders the lifetime payment percentage goes up as you age. You see the insurance company that holds your annuity wants to pay you back according to mortality tables and women live longer than men, so think about your wife with this one. When shopping for a Fixed Indexed Annuity, many of these products have income riders that accumulate an income bucket to provide lifetime income. If that is your main goal is to provide income, we suggest to research this option for your Fixed Indexed Annuity. They are all not equal and do come at a cost but we feel Annuities with these riders are a source of retirement income you can never outlive. We look forward to working with you.

 

Thank you

Jack Fleming – Maryland Annuity Broker

Social Security Optimization Report

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