Fixed Annuity

Fixed Annuities Throughout Austin

Have your finances been on your mind a lot recently? Do you have a retirement plan that includes your children's financial future?

Navigating the world of finance isn’t simple. It's not easy to decide when and where you will invest your money. But these types of questions that need to be asked (and answered) eventually. Reap Financial helps people in Austin, Texas with finding answers to questions about annuities, life insurance, and other financial products. Our financial professionals will do what they can to secure your financial future.

One of the great financial products that we offer in Austin are fixed annuities. Like all 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 all about fixed annuities and help you decide if it is the right choice for you.

What Are Fixed Annuities?

Annuities operate as an agreement between an individual and a financial organization, similar to an insurance policy. The owner of the annuity will receive a lump sum or incremental payments after paying their premium for a predetermined schedule. With fixed annuities, the owner gets a locked interest rate for a specified period of time. Anyone looking for a low-risk option will appreciate this investment.

Benefits of Fixed Annuities

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

  • Low-risk investment – With a fixed interest rate, you know what to expect down the road.
  • Tax deferral – Your money will not be taxed until your investment is withdrawn.
  • Shelter from creditors – Annuity investments are safe from probate proceedings and cannot be touched by creditors in most situations.

Contact Reap Financial

Ready to learn more about fixed annuities? Please contact our office in Austin today.