When financial markets turn volatile some investors show their frustration by fleeing the markets in search of alternatives that are designed to offer stability.
For example, in the first quarter of 2018, investors pulled 63 billion dollars from U S stock funds based on uncertainty over market direction.
For those looking for a way off Wall Street’s roller-coaster ride, annuities may offer an attractive alternative.
Annuities are contracts with insurance companies. The contracts, which can be funded with either a lump sum or through regular payments, are designed as financial vehicles for retirement purposes. In exchange for premiums, the insurance company agrees to make regular payments — either immediately or at some date in the future.
Meanwhile, the money used to fund the contract grows tax deferred. Unlike other tax advantaged retirement programs, there are no contribution limits on annuities. And annuities can be used in very creative and effective ways.
To learn more and request a Free annuity quote, visit: https://www.annuityquoteadvisor.com/