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 status of your children?

Navigating the world of finance isn’t simple. Determining where your savings should be placed is a difficult question to answer. But these are questions that need to be asked (and answered) at some point. If you are looking for answers to these questions, Reap Financial is here to offer assistance. As financial professionals, we will help you stabilize your financial future.

For many of our Austin clients, investing in fixed annuities is a great choice for planning for the future. Like other annuities, the specifics of a fixed annuity can be unfamiliar to many people. If you fit this criteria, we can help. We'll teach you about fixed annuities and help you determine if it is a good fit for you.

What Are Fixed Annuities?

Like an insurance policy, annuities function as a contract between a financial organization and an individual. The individual will be given a lump sum or incremental payments after paying their premium for a predetermined timeframe. A fixed annuity comes with an interest rate that is "fixed" (for a certain period of time) when the investment is made. Anyone looking for a low-risk option will appreciate this investment.

Advantages of Fixed Annuities

Included below are a few of the great advantages of fixed annuities:

  • Low-risk investment – You will receive a fixed interest rate and guaranteed return on your investment.
  • Tax deferral – Your money won't be taxed until your investment is withdrawn.
  • Shelter from creditors – In most cases, creditors are barred from annuity investments. Annuities are safe from probate proceedings.

More Questions? Call Reap Financial for Answers

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