Gregory Ricks Live Help

Welcome to Gregory Ricks & Associates, how may I help you?

Fixed Annuities Throughout Metairie

Have you started seriously considering your future finances? Have you developed a plan that includes your retirement and the financial status of your entire family?

It takes time and effort to navigate the world of finances. It can also be quite stressful to decide where and when you need to place your hard-earned money. But these types of questions that should be asked (and answered) at some point. Gregory Ricks & Associates helps people in Metairie, La with finding answers to questions about financial products, such as annuities and life insurance. Our financial advisors will do what they can to secure your financial future.

Fixed annuities are one a great option that many of our clients have chosen to plan for their future. Like other annuities, fixed annuities are unfamiliar to many people. But don’t let this dissuade you from pursuing this option. We can teach you about fixed annuities and help you decide if it is the best option.

What Are Fixed Annuities?

Annuities work as a contract between a person and a financial institution, similar to an insurance policy. The individual will be given a lump sum or incremental payments after paying their premium for a predetermined time. With fixed annuities, the owner is given a locked interest rate for a certain length of time. This provides the owner with safety and predictability.

Advantages of Fixed Annuities

Fixed annuities have several great advantages that make them an attractive investment opportunity. Here are some of them:

  • Safety – You know exactly what to expect with this kind of investment.
  • Tax deferral – Every penny put into your annuity will be free from taxes until the day you withdraw your investment.
  • Shelter from creditors – Annuity investments cannot be touched by creditors in most situations and are safe from probate proceedings.

Contact Us

If you have any questions about fixed annuities in Metairie or want to schedule a consultation, call our office today.