Annuities are a type of policy issued by insurance companies in which you make a lump sum payment or a series of payments upon annuitization, to create a stream of income payments. These payments (whether in a lump sum or separate) earn a rate of return that is usually tax-deferred.
Annuities have many tax advantages and can also be used to fund traditional IRA’s, Roth IRA’s and SEPP (Simplified Employee Pension Plans).
The Cissne Wealth Management team does an in-depth analysis, based on your financial plan, to ladder various different annuities with the goal of providing an income stream.
© 2020 All Rights Reserved
Cissne Wealth Management
1199 McKelvey Lane
Blue Bell, PA 19422
