This is an often overlooked area of investment that can provide large returns and security for your money. People who want their money to grow in a virtually risk free environment while averting taxes on the money would be perfect candidates for annuity investments.
The most common reason someone would invest in an annuity would be for monetary security through retirement age.
Although there are many different types of annuities, they all follow the same basic principle- it is a contract between a person and an insurance provider.
By purchasing an annuity, you are placing your money in a safe environment that will guarantee results in the end. The money is paid back to the investor in various forms, such as lump sums later on down the road, or as monthly, quarterly, or annual payments.
A great advantage to investing in annuities is that there is typically no minimum or limit for how much money can be invested. Most people looking to purchase annuities are looking to invest in their retirement because of the benefits of annuities longevity.
Whether you are looking to secure your funds for the future or would just like the ease of mind from having your investments growing with little to no risk, purchasing annuities can be beneficial to many kinds of investors.
The major advantages of annuities over other types of investments are the tax deferment, which allows interest, dividends, and capital gains to grow tax-free until you start to receive payments, risk of losing principle is virtually non-existent.
As long as the investor thoroughly researches the company they are purchasing an annuity from and investigate all of the fine print involved, an annuity can be a safe and profitable investment around the world.
For more, go to www.cashinyourannuity.com
