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Fixed Annuities Throughout Metairie

Are you contemplating what your finances will look like in the future? Have you thought about how you will plan for your future to make sure you have a stress-free retirement and a future for your children that’s financially sound?

It takes time and patience to navigate the world of finances. It can also be stressful to decide where and when you need to put your hard-earned money. Gregory Ricks & Associates helps people in Metairie, La with finding answers to questions regarding financial products. Our financial advisors are here to help you create a brighter financial future.

For many of our Metairie clients, investing in fixed annuities may be the best way to plan for the future. The specifics of a fixed annuity may be unfamiliar to the general public. Our team can help you learn about this product and work with you to determine if it is a good fit.

What Are Fixed Annuities?

An annuity, similar to an insurance policy, is an agreement between a person and a financial organization. After making premium payments, the owner of the annuity will receive a lump sum or incremental payments. Fixed annuities received their name from their interest rates that are locked in at the time of purchase. This is is ideal for anyone looking for something that has minimal risk.

Benefits of Fixed Annuities

Here are some of the benefits of fixed annuities:

  • Low-risk investment – As the investor, you’re guaranteed to receive your investment in the future.
  • Tax deferral – Fixed annuities are tax-deferred, which means this money won’t be taxed until the investment is withdrawn.
  • Shelter from creditors – In most cases, creditors cannot touch annuity investments. Annuities are absolutely safe from probate proceedings.

Contact Us

Please call our office in Metairie today to set up a consultation and learn more about fixed annuities.