What is an annuity?
An annuity is a financial vehicle designed to help you accumulate money for retirement, protect what you’ve saved, or turn your retirement savings into an income stream. You agree to fund the annuity, either with a lump sum of money or through regular payments. These contributions generally earn a tax-deferred rate of return as they accumulate.
Benefits of annuities
Financial security—your principal is always safe from market loss
Growth potential—accumulate interest with traditional fixed and fixed indexed options
Tax-deferred interest accumulation
A variety of income options, including guaranteed lifetime income
Death benefit paid to beneficiaries
Fixed Indexed Annuities
Guaranteed Lifetime Income Annuity
With a Guaranteed Lifetime Income Annuity, you have the option to elect a predictable, guaranteed income stream for life, while still maintaining flexibility, control and access to your funds.
The longer you wait to begin receiving your income payments, the greater your income payments may be.
Plus, no fee is charged to the annuity's account value for the lifetime income withdrawal benefit, meaning you will never experience a loss to your principal from either market conditions or fees.
Other withdrawals during the early years of the annuity may incur withdrawal charges.
Premium Bonus Indexed Annuity
Enjoy upside potential with principal protection against market loss
With our Premium Bonus Indexed Annuity, you can grow your money through a fixed interest rate or potentially earn interest linked in part to the performance of the S&P 500®.
Because you're not actually participating in the market, your money is not at risk of any market downturns.
Receive an upfront premium bonus.*
Allocate funds between two fund options: Fixed Rate or Index Value.
Traditional Fixed Annuity
Experience fixed interest accumulation
Our Traditional Fixed Annuity enables you to grow your money through a fixed interest rate—on a tax-deferred basis.
Your principal is protected from any losses because the money in your annuity is not affected by market performance.
Immediate Annuity
Receive predictable income right away
Our Immediate Annuity is a simple annuity that you purchase with a single lump-sum payment.
This annuity then pays you a guaranteed income stream that starts almost immediately.
You have the flexibility to decide whether you want to receive guaranteed payments for life or for a specific time period.
These long-term investments are ideal for retirement planning. When you invest in annuities products with JTC Financial Group, you have the potential to create tax-deferred wealth, leave a legacy for your beneficiaries and protect your retirement income.