Fixed annuities – compare hundreds of fixed annuities, equity indexed and immediate annuities from over 40 different fixed annuities insurance companies.

Fixed annuities, also referred to as tax-deferred fixed annuities, are contracts between you and an insurance company for a guaranteed interest bearing policy that includes optional guaranteed income choices. The insurance company credits interest on fixed annuities, but you don’t pay taxes on the earnings until you make a withdrawal or begin receiving an income from your fixed annuities. Fixed annuities earn competitive returns that are very safe. Because fixed annuities are tax-deferred, you earn additional interest compounding on the money you’d normally be paying in taxes.

There are numerous advantages of fixed annuities, some of the most important are:

1) Tax-deferred interest accumulation: The interest earned on fixed annuities is not subject to current taxation until it is withdrawn from the Contract. This allows for a potentially greater cash buildup than if income taxes were payable on accumulating interest as earned.

2) Competitive current interest rate: Current interest rates on fixed annuities are generally competitive with those from other fixed-interest vehicles, and are typically better than what can be obtained by investing in a comparable Bank CD.

3) Safety/guarantees: The value of your fixed annuities are fully backed by the assets of the issuing insurance company. And all fixed annuities are secondarily covered by your states Insurance Guarantee Fund. In addition, fixed annuities offer a minimum interest rate guarantee.

Please visit one or more of the following areas to further research the best fixed annuities for your needs.

CD-Type Fixed Annuities

Adjustable Rate Fixed Annuities

Equity Indexed Fixed Annuities

“Top 10″ and “Featured” Fixed Annuities

Other things you should look for when comparing fixed annuities:
Avoid fixed annuities that charge front-end contract fees and sales loads, or excessive annual maintenance fees or charges. They reduce the amount of money that actually goes to work for you. Also, the length of the surrender charge period may be an important consideration for you, although fixed annuities should be considered a long-term retirement savings vehicle. Some companies will waive the surrender charges in the event of premature death or annuitization.

What’s the difference between qualified and nonqualified fixed annuities?
Qualified fixed annuities are used to fund a tax-qualified retirement plan such as a traditional IRA. In most cases, premiums paid to qualified fixed annuities are tax-deductible. Nonqualified fixed annuities are used to fund a cash accumulation program which does not qualify for a front-end tax deduction. But whether your fixed annuities are qualified or nonqualified, the premiums always accumulate interest that is free of current income tax until withdrawn.

If you prefer the assistance of a live fixed annuity specialist, you can always call Walt Decherd at 281-639-8468.

Walt Decherd does not provide legal, taxation or investment advice. Walt Decherd claims no liability for any content or information provided. Please consult with your tax advisor and financial professional before making any tax or financial decisions.