Fixed Annuity

Fixed Annuities Throughout Austin

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

It's not simple to figure out your own finances. Determining where your hard-earned capital should be placed is a hard question to answer. But these types of questions that must be asked (and answered) at some point. At REAP Financial in Austin, Tx, we help people discover the answers to these and many other questions about financial products, such as annuities and life insurance. Our financial professionals are here to help you stabilize your financial future.

Fixed annuities are one option that many of our clients have chosen to plan for their future. Fixed annuities may be unfamiliar to most 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 life insurance, annuities work as an agreement between a financial institution and an individual. The owner of the annuity pays a premium that will, at a predetermined time, be returned back to the individual in a lump sum or as incremental payments. With fixed annuities, the owner is given a locked interest rate for a specified length of time. Anyone looking for a low-risk, predictable option will appreciate this investment.

Benefits of Fixed Annuities

Here are a few of the advantages of fixed annuities:

  • A safe investment – As an investor, you’re guaranteed to get back what you have invested.
  • Tax deferral – Your money will not be taxed until you withdraw your investment.
  • Shelter from creditors – In most situations, creditors are barred from annuity investments. Annuities are absolutely safe from probate proceedings.

More Questions? Call REAP Financial for Answers

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