You do not purchase a Hybrid Annuity, Index Annuity, Immediate Annuity, or Fixed Annuity to win; you purchase one of these low-risk annuities so you don't lose. With a hybrid, index, immediate, or fixed annuity you are able to lock in your gains each year, keep what you have, and receive a reasonable rate of return while protecting your savings from stock market losses.
Hybrid Annuities are the newest within the family of Fixed Annuities, Index Annuities, and Immediate Annuities. The Hybrid Annuity has similar features to a Variable Annuity, too.
The Hybrid Annuity has a minimum guaranteed rate of return and has index crediting opportunities like an Index Annuity. Hybrid Annuities can provide a lifetime pension like an Immediate Annuity. All Hybrid Annuities provide safety of principal regardless of stock market performance.
The biggest difference is that the Hybrid Annuity gives you more flexibility than most other annuities with the ability to start and stop monthly income. If you don't need income from the annuity in a particular month, or even year, you can choose to not take it and, instead, let it remain in the annuity account.
This could increase your Income Account Value (IAV) due to interest credits from the Index Crediting Method that was deployed.
Hybrids also provide liquidity that could be used for income and cash flow in retirement. Let’s face it: We’re living longer. One of our clients’ biggest concerns is the fear of running out of income in their golden years.
We offer a no-obligation, complimentary appointment. Leave your check books at home; there will be no selling at our appointment. TradeWell’s approach is educational and we won’t talk above your head. We want to ensure that you’re educated about where you are regarding financial risk and what your options are.
Annuities are best suited for long term investors. Any strategy utilizing investments carries an inherent element of risk. Withdrawals from an annuity prior to age 59 1/2 are subject to a 10% tax penalty in addition to income taxes on earnings. Guarantees are based upon the claims paying ability of the underlying insurance agency.
Mike Albertson is an Investment Adviser Representative. Advisory services offered through Secure Asset Management, LLC (SAM) a Registered Investment Adviser.
Bryan Putt is an Investment Adviser Representative and a Registered Representative. Advisory Services are offered through Secure Asset Management, LLC (SAM) a Registered Investment Adviser. Securities are offered through Aurora Securities, Inc. (ASI) Member: FINRA/SIPC.
Tradewell Tax and Financial is not an affiliated company of (SAM) or (ASI).
Representatives of Tradewell Tax and Financial are authorized in states where they are properly registered. Mike Albertson: FL, IN, KY, OH, SC and Bryan Putt: IN. Clients who are not residents of these states cannot be serviced.
This website is not intended to provide investment, legal, or tax advice, nor to effect securities transactions or to render personal advice for compensation. Tradewell Tax & Financial is not engaged in the practice of law. All insurance recommendations offered through Indiana Tax Advisory Group, Inc. Mike Albertson is President of Indiana Tax Advisory Group, Inc.
There are no assurances that you will achieve your investment objectives. All investment strategies have the potential for profit or loss. Changes in investment strategies, economic conditions, contributions, or withdrawals may materially alter the performance of your portfolio. Past performance is no guarantee of future success. We provide no guarantee that any portfolio will match or outperform any benchmark.
Recommendations and advice are based on information provided by the client that is presumed to be accurate. The financial planning process is not stagnant and must be adjusted based upon changes in the client's personal and financial situation, liquidity needs, investment objectives, and risk tolerance. Clients are responsible for notifying us immediately if their personal and financial circumstances or goals change.