NIM Financial Group

An annuity is a long-term investment that is issued by an insurance company and is designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life.

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How do Annuities Work? – Nationwide Whether you’re looking for income options, legacy planning tools or spousal protection, Nationwide has a range of annuity types designed to help you meet your goals for retirement.

Annuities have long been a tool in the arsenal of retirement planners. They may be a great fit for some clients, especially those who continually max out their annual 401(k) contributions or for those approaching retirement and seeking another source of steady, guaranteed income.

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7 important annuity tax facts | BenefitsPRO What you need to know about taxation of private annuities, their use in estate planning, and more.