Annuities in Lakeland FL & Lake Wales FL
Keep Your Financial Resources Protected.
Headley Insurance Agency understands the value of saving for and investing in your future. If you’re like many Americans, you work diligently each day and take the right steps to ensure that you’ll be supported with a comfortable income after you retire. That’s why it’s smart to have the right coverage options under your retirement plan because in some cases, you can actually outlive your income.
The last thing you’ll want to experience as a retiree is a loss of your financial resources. With an Annuity from Headley Insurance Agency, you can ensure that your finances are covered – for a healthy and happy retirement. Annuities are essentially investments that guarantee a steady income stream. Based on your plan, you can receive money either on a set schedule or in a lump sum.
Types of Annuities
Headley Insurance Agency can offer two types of Annuities: Deferred and Immediate Annuities.
- Deferred Annuities are investments that you make either over a period of time or all at once. Since these Annuities are tax-deferred, you only have to start paying taxes upon withdrawal. Deferred Annuities are either fixed or variable, meaning your payout is either a fixed sum or an amount in accordance to the performance of the market/group of investments.
- Immediate Annuities are payments that you can receive right after you make your investment. This type of Annuity is typically for those around the retirement age who want to secure their financial future. Like Deferred Annuities, you only pay taxes upon withdrawal.
Understand Your Investments
An annuity is a long-term, tax-deferred investment designed for retirement. With an annuity, you can create a fixed or variable stream of income. The annuity’s value and growth will vary based on how the investments you choose to fund the annuity (underlying investments) perform.
More About Annuities
An annuity is sold by an insurance company, and the annuity’s guarantees and protections are subject to that company’s ability to pay for them. However, this doesn’t apply to the underlying investments. The underlying investments are subject to market risk, so you could end up with less money than you invested.
An annuity is sold by prospectus, a document that describes the annuity’s objectives, risks, fees and charges. The cost of an annuity often includes mortality and expense charges, administrative fees, contract fees and the expense of the underlying investments. There are prospectuses for the annuity and the underlying investments that fund the annuity. It may take some time, but you should read the prospectuses carefully before investing.
Before investing, understand that annuities are not insured by the FDIC, NCUSIF or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of affiliates. Annuities that involve investment risk may lose value. Guarantees and protections are subject to the claims paying ability of the issuing insurance company.
Let's Plan Your Future, Together!
It’s important to discuss your options with a specialist at Headley Insurance Agency who is committed to helping you make the right decisions.
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3544 South Florida Ave. Lakeland, FL 33803
Main Office: (863) 701-7411
Toll Free: (800) 225-9960
Fax: (863) 701-7417
Lake Wales Office
Address: 124 West Central Ave. Lake Wales, FL 33853
Main Office: (863) 676-1700
Toll Free: (800) 225-9960
Fax: (863) 676-9567