Fixed Annuity

Fixed Annuities Throughout Austin

Have you started seriously considering your financial future? Have you developed a plan that includes your retirement and the financial well-being of your entire family?

Navigating your finances isn’t simple. It can also be stressful to figure out where and when you need to place your savings. But these are questions that must be asked (and answered) eventually. At Reap Financial, we help people discover the answers to these and many other questions about financial products. Our financial professionals will work together with you to secure your financial future.

Fixed annuities are one option that many of our clients have chosen to plan for their future. The specifics of a fixed annuity may be unfamiliar to the general public. If you fit this criteria, we can help you. We'll teach you all about fixed annuities and help you decide if it is a good fit for you.

What Are Fixed Annuities?

An annuity, similar to an insurance policy, is an agreement between an individual and a financial organization. The owner of the annuity will receive a lump sum or incremental payments after paying their premium for a predetermined time. With fixed annuities, the owner is given a locked interest rate for a set length of time. Anyone looking for a low-risk, predictable option will appreciate this investment.

Advantages of Fixed Annuities

Fixed annuities have several great advantages that make them a productive investment opportunity. Here are a few of them:

  • Safety – You get a fixed interest rate and guaranteed return on your investment.
  • Tax deferral – Every penny put into your annuity will be safe from taxes until the day you withdraw your investment.
  • Shelter from creditors – Annuity investments are safe from probate proceedings and cannot be touched by creditors in most situations.

Contact Reap Financial

Please contact our office in Austin today to schedule a consultation and learn more about fixed annuities.