Set yourself up for a stable financial future with the assistance of The Overstreet Agency! Our reliable annuities program ensures that you’ll enjoy retirement in style, without sacrificing any basic living needs or creature comforts when your income ends. Living in comfort during your golden years is all made possible with just a little foresight and financial planning and Overstreet is here to help!
What is an annuity? Annuities are financial contracts between you and your insurance company. When you work with Overstreet, you will make a series of payments or a lump sum payment toward your future. Then, at a designated point of your choosing, we will begin regular disbursements of your funds back to you. Once you choose to begin receiving the income from your annuity, you can annuitize your policy which means you can choose to have your funds disbursed over a specific period of time or for the remainder of your life. Most commonly, annuities are started when you begin retirement, as these guaranteed payments can help you with normal life costs. Covering everything from living expenses, to medical costs, travel, and fun, with annuities you will have guaranteed income for the remaining portion of your life. Rather than relying on the fickle and ever-changing market or living fearful of running out of funds, setting your money aside in an annuity guarantees your financial stability for life. A fantastic feature of annuities is that as you contribute, your money will grow tax-deferred, so you will not pay taxes on the funds until you begin withdrawing.
This is the most stable and predictable option with a guaranteed interest rate and fixed payments. If you want to invest in your financial future in a risk-free way, this is the best option, as you’ll receive a steady income stream regardless of market fluctuations. For The Overstreet Agency, fixed annuities are issued by Ameritas Life Insurance Corp. or Ameritas Life Insurance Corp. of New York.
This is a market-linked growth potential which depends on the market. You may receive higher payments but your payout may also decrease if the market is on a downturn. As such, this could benefit you but is a riskier option. At Overstreet, variable annuities are issued by Ameritas Life Insurance Corp. and underwritten by affiliate Ameritas Investment Company, LLC.
This annuity provides more moderate growth with some built-in protection against market declines. In this case, your contributions would be linked to a stock market index of your choosing, offering a higher growth potential. Your earnings would be capped in this situation but you would also enjoy more protection against market downturns. Issued by Ameritas Life Insurance Corp.
If you’ve been wondering, “How much does it cost to buy an annuity? What is better than an annuity for retirement? Should I buy an annuity in retirement?” then you’ve come to the right place. The Overstreet team prides ourselves on providing ample information on all our products so that you can make a fully informed decision. Planning for your future is vital and we want to ensure that you have complete access to the products and information you need when considering all the possibilities. For the best annuities available on the market, call your helpful The Overstreet Agency team today. We can help you weigh your options and choose an annuity that will provide financial stability and security for you and your loved ones.