Retirement Planning: Denise J. Boisvert & Associates -- Educating seniors on retirement planning including annuities, long term care, life insurance, mortgage protection, retirement savings plans and more. Serving Massachusetts & Rhode Island.

What Is An Annuity?
An annuity is a unique financial vehicle with the goal of making your retirement secure. It is a contract between an individual (the "annuitant") and an insurance company. Some appealing benefits of fixed annuities are guaranteed income, competitive yields, and outstanding tax advantages!

Annuities are not just for retirees. Annuities can be smart savings vehicles for people at all different points in their lives. Answer the following questions to determine if an annuity is right for you:
I would like to make my long-term savings grow faster without current taxation. TRUE or FALSE?
I need to guarantee myself an income for the rest of my life and my spouse's life. TRUE or FALSE?
I want a competitive interest rate for my retirement savings. TRUE or FALSE?
I've maxed out my IRA and 401(k) or 403 (b), but still need to save more for retirement. TRUE or FALSE?
I need to reinvest my current tax-deferred savings, such as my pension plan. TRUE or FALSE?
Now is the time I would like to protect my principal with a guaranteed rate of return while linked to the potential increase of an index. TRUE or FALSE?
If you have answered "TRUE" to any of the above statements, contact Denise J. Boisvert & Associates to learn more about annuities and how they can improve your financial profile.

How Do They Work?
An annuitant agrees to pay an insurance company a single payment or a series of payments. In return, the insurance company agrees to pay the annuitant an income for a specified time period.

This "income stream" can start right away or at a future date. Under current tax law, any money put into an annuity grows on a tax-deferred basis until the annuitant begins receiving his or her accumulated funds as an income. How does this benefit you? One hundred percent of your earnings are reinvested in an annuity and allowed to grow without having to pay taxes on earnings.

How Can An Annuity Secure My Retirement?
It's hard to feel secure if your retirement "savings" program puts your principal at risk. Annuities are insurance products and are backed by some of the largest and most financially stable companies in the world.

Fixed Annuities