How can annuities protect your long-term retirement plans?

In the rocky terrain of a volatile market, you may be seeking reliable, steady retirement income options. An annuity provides an opportunity for a more stable projection of income with regular payments over a certain period. With guaranteed interest rates and protection for your earned assets, annuities can offer dependable solutions for individuals with a variety of risk tolerance. As you explore the types of annuities that are available to you, your guides at DSB Rock Island Wealth Management are here to steer you to the best options for your retirement and determine if this solution is right for you. 

Annuities are long-term investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59-1/2 are subject to a 10% IRS penalty tax and surrender charges may apply.