☰ ˟
Appointments Call Us
Logo
  • Home
  • Get A Quote
    • Annuities
    • Automobile
    • Bonds
    • Business & CommercialImage of right arrow
      • Builders Risk
      • Business Owners (BOP) Quote Form
      • General Liability Quote Form
      • Workers Compensation Quote
    • Commercial Auto Insurance
    • Disability Insurance
    • Farm
    • Financial Services
    • Flood
    • Health Insurance Quote FormsImage of right arrow
      • Health Insurance For Over Persons Age 65
      • Disability Insurance Quote
      • Long Term Care Insurance Quote
    • Homeowners
    • Life
    • Other
    • Recreational Vehicle
    • Retirement Plans
    • Surety Bonding
  • Blog
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Thielen Plus Insurance & Financial Services
    • Location Map
    • Customer Testimonials
  • Contact
Get A Quote Financial Services
Get A Quote Retirement Planning
Get A Quote Life & Health
Get A Quote Surety Bonding
Get A Quote Business
Get A Quote Auto & Home
Home > Annuities Home

Annuities


Annuities Quote Forms

Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.

Annuity Quote Form

Annuities Information

What is an annuity?

An annuity is a long-term investment between you, the annuitant, and an insurance company, the annuity issuer. Under this contract, you pay after-tax funds to the annuity issuer, who then invests your principal to meet your financial objectives and pays you or your beneficiary back with earnings (subject to the claims-paying ability of the issuer).

If you have  a fixed annuity, your interest rate is guaranteed. With a variable annuity, your earnings are linked with the fluctuating performance of your investments and may be worth more or less than your principal when redeemed. In addition, you have added control in how your money is invested, creating a higher potential for growth. However, this option comes with a higher risk in return.

Unlike other investment plans, there is no limit to how much you can invest in an annuity. Your funds will steadily grow with a tax-deferred status, and you pay your regular tax income rate on only your earnings upon withdrawal.  

What annuity options are available?

An immediate annuity can begin paying you right away. You can choose whether you want your income guaranteed for a specific time period or if you want lifelong payments. The amount of your payments is calculated based on your principal and your life expectancy.

A deferred annuity is broken up into two phases:

  • Accumulation: This is when you add money to your annuity, whether you pay in a lump sum or you make a series of payments. You can continue to let your account grow tax-deferred for an indefinite amount of time.
  • Distribution: This is when you begin withdrawing money from your annuity whether you take out systematic withdrawals or you annuitize to supplement your finances with a regular stream of income for life.

Why buy an annuity?

An annuity is a good investment option for individuals who are willing to take a bigger risk in hopes of earning a bigger payout. Your earnings can then be used for supplemental income during retirement, guaranteed financial independence as you age, or a monetary legacy to leave behind for your loved ones. An annuity can help you continue living comfortably well into old age.

Contact us to learn more about planning your future with an annuity. We are happy to answer your questions and help begin your investment process today.

Insure Your Needs
Resources
Products
About Us
Our Carriers
Blog
Contact Us
Contact Us
3046 New Haven Place
Mt Dora, Fl 32757

P: 352-406-8393
© Copyright. All rights reserved. Powered by Insurance Website Builder.

Investment advisory services offered through Virtue Capital Management, LLC (VCM), a registered investment advisor. VCM and Thielen+ Surety and Insurance Services are independent of each other. For a complete description of investment risks, fees and services, review the Virtue Capital Management firm brochure (ADV Part 2A) which is available from your Investment Advisor Representative or by contacting Virtue Capital Management. Insurance and annuity products are not sold through Virtue Capital Management, LLC (“VCM”). VCM does not endorse any annuity or insurance products nor does it guarantee any annuity or insurance products performance. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.