Whether you like taking risks or playing it safe, there are annuities made to fit most people.

In this episode, Austyn Whittenburg talks with Eric Motzkus, CRPC, a financial advisor with Allianz Life Financial Services explains the basics about annuities, and how they fit into your comprehensive financial plan.

Eric discusses:

• Why people buy annuities
  
• Two types of annuities and the differences between them
  
• How you can protect some of your annuity gains
  
• Who is the right fit for annuities
  
• And more
  

Connect With Austyn Whittenburg:

• (801) 839-7056
  
• austyn@whittenburgwealth.com
  
• Schedule A Meeting With Austyn
  
• LinkedIn: Austyn Whittenburg 
  
• Whittenburg Wealth Partners
  
• Twitter: Whittenburg Wealth
  

Connect With Eric Motzkus:

• Allianz Life Financial Services
  

Eric Motzkus and Allianz Life Financial Services are not affiliated with or endorsed by Whittenburg Wealth Partners or LPL Financial.

Variable annuities are long term, tax-deferred investment vehicles designed for retirement purposes and contain both an investment and insurance component. They have fees and charges, including mortality and expense risk charges, administrative fees, and contract fees.   They are sold only by prospectus. Guarantees are based on the claims paying ability of the issuer. Withdrawals made prior to age 59 ½ are subject to 10% IRS penalty tax and surrender charges may apply. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. The investment returns and principal value of the available sub-account portfolios will fluctuate so that the value of an investor’s unit, when redeemed, may be worth more or less than their original value.

Fixed Indexed Annuities (FIA) are not suitable for all investors. FIAs permit investors to participate in only a stated percentage of an increase in an index (participation rate) and may impose a maximum annual account value percentage increase. FIAs typically do not allow for participation in dividends accumulated on the securities represented by the index. Annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Withdrawals prior to 59 ½ may result in an IRS penalty, and surrender charges may apply. Guarantees are based on the claims-paying ability of the issuing insurance company.