Annuities are usually an agreement between an insurance company and one person or persons to pay the other party either a lump sum of money (immediate annuity) or an income stream or series of payments tax-deferred after an accumulation period. There are many varieties of annuities depending on what you are trying to accomplish and what your goals are for this investment.
Tenin Financial Services primarily works with clients to select Fixed or Fixed Index Annuities. Some of the many advantageous features of annuities are tax-deferred growth, guaranteed lifetime income, flexible premiums and withdrawals and guaranteed death benefits. We have access to major insurance companies who offer annuities and regularly keep track of what the newest and most appealing annuities are as this is a rapidly changing marketplace.