- WHAT YOU SHOULD KNOW
An annuity is a contract between you and an insurance company. You invest a sum of money (either all at once or over time), and in return, the company agrees to pay you a series of payments in the future — often monthly, for the rest of your life.
Annuities provide guaranteed income—often for life. They are useful for retirement planning and beating the fear of “running out of money.” There are different types (fixed, variable, indexed) with different levels of risk and return.
WHAT CAN ANNUITIES DO?
There are two main phases:
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Accumulation Phase – You pay money into the annuity (via a lump sum or installments).
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Payout Phase – You receive income from the annuity, either for a fixed number of years or for the rest of your life.
Who is it for?
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People planning for retirement
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Those who want guaranteed lifetime income
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People looking to protect their savings from outliving their money.
Types of Annuity:
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Fixed Annuity – Pays you a guaranteed amount, like a predictable paycheck.
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Indexed Annuity – Earnings are tied to a stock market index (like the S&P 500), with limits on gains and losses.
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Immediate Annuity – Starts paying you almost right away after you invest a lump sum.
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Deferred Annuity – Grows your money
over time, with payments starting at a future date.
CONTACT US
Better yet, see us in person!
We love our customers, so feel free to visit during normal business hours.
John Minasyan: Life Insurance Agent
815 S Central Ave suite 29, Glendale, CA 91204, USA
Hours
Monday to Friday 9:00AM – 6:30PM
Saturday, Sundays, and after-hours, by pre-set appointment only!