An Annuity is a tax-deferred contract that can provide an income for a specified time period, such as a number of years or for life. There are two types of annuities: deferred annuities, which allow you to grow your assets tax deferred and convert your account balance to income payments at a later date, and immediate annuities, which generally allow you to receive income payments right away.

Annuities offer many advantages.

·      Interest rates are higher than many CD's

·      No limit on contributions 

·      Tax-deferred growth

·       No taxes due on earnings until withdrawals begin

For assistance in determining what is best for you, call 315-484-2249 to schedule an appointment with our Insurance Specialists.