Request a complimentary no-obligation consultation with Joe Donti today!
Call Us Call Us
Phone: 818-428-1238 / info@prioritywealthadvisors.com / Connect with us!
Home » Services » Annuities

Annuities

Today, the majority of the burden for retirement income seems to have shifted to the individual. For this reason, you may want to consider a guaranteed* fixed-income component to your retirement strategy. In short, adding an annuity may be an opportunity to help ensure a portion of your retirement income will be guaranteed*. An annuity is a contract you purchase from an insurance company. For the premium you pay, you receive certain fixed and/or variable interest crediting options able to compound, tax-deferred, until withdrawn. When you are ready to receive income distributions, this vehicle offers a variety of guaranteed* payout options. Most annuities have provisions that allow you to withdraw a percentage of the value of the contract each year up to a certain limit. However, withdrawals will reduce the contract value and the value of any protected benefits. Excess withdrawals above the restricted limit typically incur “surrender charges” within the first five to 15 years of the contract. Because they are designed as a long-term retirement income vehicle, annuity withdrawals made before age 59½ are subject to a 10 percent penalty fee, and all withdrawals may be subject to income taxes.

*Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by carrier. Annuities are NOT FDIC insured.

Your investment advisor is not permitted to offer, and no statement contained herein shall constitute, tax, legal or accounting advice. You should consult a legal or tax professional on any such matters.

We invite you to come into our office

To schedule a time to discuss your retirement future, contact us at info@prioritywealthadvisors.com or call us at 818-428-1238.

We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.

Complimentary Guide
"10 Things to Know About Retirement Income”
Discover the 10 things you’ll need to consider in creating your retirement strategy.
Priority Wealth Advisors
Priority Wealth Advisors
Meet Us
We're committed to helping you reach your financial goals.
» Click here to Learn More
Upcoming Events
Learn about our upcoming workshop dates and register online.
» Click here to View Our Events
Time to Chat?
Contact us today for a no-obligation consultation to assess your financial future.
» Click here to Contact Us

Investment advisory services are offered by Priority Wealth Advisors, Inc. a registered investment adviser. Insurance and annuity products are offered through Priority Financial and Insurance Solutions. Insurance and annuity products do not refer in any way to securities or investment advisory products and are not offered by Priority Wealth Advisors, Inc.

Priority Financial and Insurance Solutions – CA License #0H38616. www.priorityfinancialnow.com

*Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier.

The 10 Things to Know About Planning Your Retirement Income Report is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report you may be provided with information regarding the purchase of insurance and investment products in the future.