Annuities are primarily used to secure steady cash flow during retirement and they are an essential part of any financial plan. Annuities are available at financial institutions where individuals invest in them and receive payments as a result at a future time, be that monthly, quarterly, annually or in a lump sum.
Generally, they offer tax-deferred growth of earnings and can also include a death benefit that will pay the investor’s beneficiary a designated sum. Highland Capital Brokerage partners with Ladenburg Thalmann Annuity Insurance Services LLC to offer a wide variety of annuity products.
To learn more, visit www.ladenburgannuity.com.
*Loans and withdrawals from an annuity may generate an income tax liability, reduce available cash value and reduce the death benefit or cause the policy to lapse.