ANNUITIES

Annuities

Winter Insurance Group offers Annuities. 

Annuities provide insurance against the risk of outliving your money after you stop working. You get the potential to grow your savings and create a guaranteed income for life so you can retire your way.

While they seem to function like an investment (that is, you put your money in and accept the risk of whether it increases or decreases), many are insurance contracts. In general, if you follow the rules of the contract, you receive certain guarantees in return.

When you might need an annuity?

If you're saving for retirement If you're already contributing the maximum to other retirement plans, like an IRA or 401(k), an annuity is an attractive retirement planning option that grows tax-deferred. You won't need the money soon If you don't anticipate needing money from savings before turning 59 ½, then an annuity may be a good option for you. You're worried you might outlive your savings Annuities can provide guaranteed income for the rest of your life, whether you live to be 100 or even 120. It could happen. 

Fixed Indexed Annuities (FIAs)

Pursue growth potential without sacrificing security.
With fixed-indexed annuities, the interest rate on a portion of your premium is tied, in part, to a published stock market index, allowing you to benefit from market trends without owning stocks. Your principal is protected from loss due to market downturns. Fixed indexed annuities may also include or offer optional riders that can be purchased or automatically attached to the annuity for a charge. Rider features vary by product and can offer benefits like lifetime income, increased liquidity, or a death benefit option.