Strong Tower Advisors · Educational guide
Annuities Guide
A short overview, with three focused pages for the details.
How we are involved. Annuities are insurance products. Strong Tower Advisors offers fixed and fixed indexed annuities through its insurance license (agency NPN 22216236) and Eduardo J. Valdes (individual NPN 8687827). Insurance and annuity sales are separate from investment advisory services provided through TLG Advisors, Inc., and TLG Advisors does not offer or supervise these insurance products. When we sell an annuity, we may receive a commission from the insurance company. Ask us how we are paid before you buy.
Quick answer: An annuity is a contract with an insurance company. You pay a lump sum or a series of payments, and the insurer agrees to make payments to you now or later. Annuities differ widely in how they credit growth, what they cost, how long your money is committed and what protections they offer. Any guarantees depend on the financial strength and claims-paying ability of the issuing insurance company.
- Annuity typesFixed, fixed indexed and variable annuities, and immediate vs. deferred.
- Annuity fees, surrender charges and guaranteesSurrender charges, common fees and what guarantees do and do not mean.
- Questions to ask before buying an annuityA checklist of questions, plus free-look periods and replacements.
Sources
- SEC Investor.gov — Annuities
- SEC Investor.gov — Variable annuities
- SEC Investor.gov — Updated investor bulletin: indexed annuities
- SEC Investor.gov — Glossary: surrender charge
- FINRA — Annuities
- IRS Publication 590-B — Distributions from IRAs (Roth five-year rules and ordering)
Educational only. This guide is not individualized investment, tax, legal or insurance advice and does not recommend any account, transaction or product. Rules and individual circumstances vary. Verify current official information and consult qualified professionals.