Investments & Annuities

Investments and Annuities are what you use to achieve your financial goals. If you are planning to send someone to college, to buy  a home, or to retire comfortably someday, you need to plan and invest. I can help you do that, call or email me for a free, no obligation consultation.

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What is an Annuity?

• An annuity is a unique financial vehicle designed to help people accumulate money for their retirement and/or turn a lump sum of money into a guaranteed stream of income payments.
• Deferred annuities offer the advantage of tax deferral* and are used to accumulate money for retirement. There are two types of deferred annuities: fixed and variable.
• Fixed deferred annuities pay a fixed rate of interest. Variable annuities usually offer investment divisions such as stock, bond, money market, and specialty investment divisions, and fluctuate in value with market conditions. There are fees and expenses associated with variable annuities.
• An Income annuity is used to generate a stream of income payments that is guaranteed to last for as long as you need it to - even for the rest of your life.
• Income annuities can be used by a business to pay pension benefits to retired employees. Or they can be used to provide for a spouse as in the case of a Joint and Survivor Annuity.

For a complete description, read What Exactly is an Annuity?

_{*Annuities are known for offering a variety of attractive features. With money that is not tax-qualified, one of the attractive features is tax deferral. However, tax-qualified retirement plans (like IRAs, TSAs and SEPs) already provide tax deferral under the Internal Revenue code, so the tax deferral of an annuity does not provide any additional benefits.}

Investment Products

New York Life Investment Management LLC  (NYLIM) and NYLIFE Securities Inc.   (member FINRA/SIPC), two wholly owned subsidiaries of New York Life Insurance Company, offer a comprehensive array of investment products and services to help investors develop a sound, long-term investment strategy.

Mainstay

American Funds