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Fixed Annuities Throughout Metairie

Has your financial future been on your mind a lot lately? Have you planned out your future to make sure you have a stress-free retirement and a future for your family that’s financially stable?

Navigating the world of finance isn’t easy. Determining where your money should be placed is a hard question to answer. Gregory Ricks & Associates helps people in Metairie, La with finding answers to questions regarding financial products. Our financial advisors will do what they can to secure your financial future.

Fixed annuities are one option that many of our clients have chosen to plan for their future. Despite the advantages, many people don’t know what fixed annuities are. But don’t let this dissuade you from pursuing this option. We can teach you about this product and help you determine if it is the best option.

What Are Fixed Annuities?

An annuity, similar to an insurance policy, is a contract between a person and a financial organization. The individual pays a premium that will, at a predetermined date, be returned to the individual with the additional value of the investment. Fixed annuities received their name from their included interest rates that are locked in at the time of purchase. Anyone looking for a low-risk option will appreciate this investment.

Advantages of Fixed Annuities

Included below are some of the great advantages of fixed annuities:

  • A safe investment – With a fixed interest rate, you know what to expect in the future.
  • Tax deferral – Every cent put into your annuity will be safe from taxes until the day the investment is withdrawn.
  • Shelter from creditors – In most situations, creditors are barred from annuity investments. Annuities are safe from probate proceedings.

Contact Us

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