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June is a National Annuity Awareness Month!

June is Annuity Awareness Month! And annuities can be an incredibly valuable financial tool when it comes to preparing for retirement. Here are five myths about annuities that might need some debunking:

1) They are too expensive 💰
2) They're confusing 😕
3) They only work if you're nearing retirement ⛱📩
4) They only offer guaranteed returns
5) They're only for retirees

The truth is annuities can provide peace of mind by offering guaranteed lifetime income, helping you prepare for retirement, or supplementing an existing income stream when you retire.

Plus, annuities provide tax advantages because they grow tax deferred until withdrawal during retirement years when withdrawals are taxed as ordinary income.
Don't miss the opportunity to learn more about annuities during Annuity Awareness Month.

To our men and women in uniform, past, present and future, God bless you and thank you.