Annuities - Life Insurance - Long Term Care - Medicare Supplements - Risk Management
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CD |
Annuity |
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| Can you make additional deposits? | NO |
YES |
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Is your interest compounded and reinvested automatically with no current income taxes? |
NO |
YES |
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Can you begin receiving interest after 30 days? |
NO |
YES |
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Can you make penalty-free withdrawals? |
NO |
YES |
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Is your account creditor protected? |
NO |
YES |
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Is there automatic bypass of probate expenses and delays? |
NO |
YES |
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Can you receive a guaranteed monthly lifetime income? |
NO |
YES |
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Can you access your money penalty free if you become terminally ill or were confined to a nursing home? |
NO |
YES |
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Which option clearly gives you more choices? |
NO |
YES |
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NO PROBATE This is a very important concern for seniors. The fact that upon death your funds pass directlyto your named beneficiary without the DELAYS, PUBLICITY and COST you might experience ifyour assets are not in trust. |
CREDITOR PROTECTION With an annuity account, many state statues say “No one can garnish, levy or attach your funds while in an annuity, nor through judicial processes.” |
INCONTESTABILITY Since proceeds from an annuity pass directly to a named beneficiary there is no possibility thatyour wishes can be contested. |
For more information on Annuities please contact the Legacy Wealth Management Group.
