| ANNUITIES |
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Interest earned on annuities grow tax-deferred, and no income taxes are
due until the funds are withdrawn. It can be worth thousands in additional
values to you. Are you still paying taxes on your interest? Let's look at an example that illustrates the power of tax deferral: If you had invested one cent at 5% interest in 1492, the year Columbus sailed the ocean blue, how rich do you think you would be today? $610 million rich today. Now, what if you had done the same investment, however, this time the interest on that penny was taxed every year at 33%, how rich would you be today? A paltry $192,325 today! |
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If a Dollar Doubled Every Year for 20
Years... $1,048,576 But if the Doubled Dollar Were Subject to a 28% Tax Bracket... $51,353 |
| In a given year, the average person will work until May 9th to pay all federal, state, and local taxes. |
| Just say NO to 1099's! |
| Nothing beats the
power of tax-deferred growth! If you are just reinvesting the interest
from your CD, you're just throwing away 33% of your growth! Unlike a bank CD, an annuity offers interest that grows tax-deferred. No income taxes are due until the funds are withdrawn. If you are still paying taxes on your interest, be sure you're aware that annuities represent a sensible alternative. |
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EARN 3 WAYS: 1. Earn interest on your money 2. Earn interest on your interest. 3. Earn interest on the money you would have lost in taxes. |
| When does 5% equal 7.46%? |
| When you're in a tax-deferred annuity! |
| 4.00% 4.50% 5.00% 5.25% 5.50% 5.75% 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 8.00% |
| 5.97% 6.72% 7.46% 7.84% 8.21% 8.58% 8.96% 9.33% 9.70% 10.07% 10.45% 10.82% 11.19% 11.57% 11.94% |
| Rate for tax-deferred annuity |
| Equivalent CD rate 33% tax bracket |
| This table tells you at a glance the interest rate a bank CD (or other taxable savings product) would have to generate to equal the net earnings of a tax-deferred annuity. Keep in mind that unless the CD is in an IRA, your CD interest is taxable even if it is left on deposit with the bank. |
Click
Here For A Comprehensive Explanation Of Annuities
Click here for a comprehensive explanation of the different types of annuities.
Contact us today for a no-obligation review to see if an annuity is right for you.
