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Retirement Annuities

from McNamara Insurance

There are deferred annuities and income annuities.


Deferred Fixed Annuities - A deferred fixed annuity has a rate of return that is set and guaranteed for a specific time by the insurance company. The This type of annuity may appeal to you if you have a more conservative approach to retirement or are looking for a vehicle to serve as a conservative portion of your retirement plan. A deferred fixed annuity provide tax deferred growth, fixed interest for safety of principal and a death benefit for your beneficiaries.

Income Annuities - An income annuity has a unique advantage. It can provide income you can’t outlive. It’s funded by a single premium that is converted into a steady stream of guaranteed income payments now or in the future for the rest of your life.

Want to find out more about your Retirement Annuities Insurance options?

Chestnut Hill Retirement Annuities insurance

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