Article describes tax deferred annuities, their benefits and how to obtain the best annuity rates.
Chicago, IL (1888PressRelease) December 13, 2009 - A recent article from InsuranceAgents.com recently highlighted the financial advantages to investing in a tax-deferred annuity. Investors can choose from three options: fixed annuities, variable annuities, or indexed annuities. These tax-deferred annuities are great for those investors who are interested in building their wealth in an easy and tax-free way, according to the article, “Tax Deferred Annuity: Leading the Path to Success.”
Not only do tax deferred annuities give investors the ability to let their investment accumulate free of taxation, but it also gives them a solid nest egg for the future, particularly in those post-retirement years—an income they may not get with other investments.
“[T]ax deferred annuities allow annuitants to receive a guaranteed income for life. You won’t benefit from this feature with alternatives such as stocks, bonds, mutual funds or CDs. A tax deferred annuity, whether it’s fixed, variable or indexed, can prove to be very beneficial to an investor if used under the right circumstances,” according to the article.
Of the three tax-deferred annuity options, each brings its own benefits to the table: fixed annuities are known for guaranteeing an investor’s rate of return; a variable annuity does not have a fixed rate of return and is subject to change throughout the accumulation period, but allows the holder to seek a higher rate of return; an indexed tax deferred annuity is a combination of the first two—the interest rate varies according to the market performance of the index.
But because everyone’s financial circumstances are different, not any one tax deferred annuity fits everybody. Investors should contact their local life insurance agent or financial advisor to find which annuity is right for them.
For more information on annuities, visit InsuranceAgents.com.
Article describes tax deferred annuities, their benefits and how to obtain the best annuity rates. 
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