Annuity Insurance Services

South Florida Annuity Insurance Services

An annuity is an insurance product that can accumulate
savings for retirement or convert your retirement
savings into a series of guaranteed income payments
spread out over a specified period of time. An annuity
offers unique benefits such as tax deferral, flexible
payout options, and can also help to dramatically
reduce the chances of outliving your savings.

Fixed (Tax Deferred Annuity)

A fixed tax deferred annuity, also referred to as a tax-
deferred annuity, is a contract between you and an
insurance company for a guaranteed interest bearing
policy with guaranteed income options. The insurance
company credits interest, and you don't pay taxes on the
earnings until you make a withdrawal or begin receiving
an annuity income. Because fixed annuities invest your
premiums in interest bearing obligations, you receive a
lower return in comparison to equity indexed annuities,
since interest rates historically trail stock market returns.

Many people today are using a tax deferred annuity as
the foundation of their overall financial plan. The most
important difference between an annuity and CD's is that
annuities allow for the deferral of the taxes due on the
interest earned until the interest is withdrawn. By
postponing the taxes your money compounds faster
because you can earn interest on dollars that would have
otherwise been paid to the IRS. Later, you can decide to
take a monthly income and your taxes will be less
because they were spread out over a period of years.
Similar to CD's, an annuity has a penalty for early
surrender, but most annuity contracts have a liberal free
withdrawal provision.

You pay no taxes while your money is compounding. You can also pay a
lower tax on random withdrawals because you control the tax year in which
the withdrawals are made and only pay taxes on the interest withdrawn.

An equity indexed annuity offers you what could be described as the best of both
worlds: a market driven investment with potentially strong returns, plus a
guaranteed minimum return. Equity indexed annuity returns are tied to indexes of
market activity and not to the performance of individual stocks or funds.

The equity indexed annuities we offer are tied to the following: S&P 500, Dow
Jones Index Acct., S&P MidCap 400, NASDAQ, and the Russell 2000.

A equity indexed annuity will guarantee you a minimum interest rate (often
about 3% on 90% of your investment) while offering the potential of higher
rates by tying your return to an index such as the ones mentioned above.

While similar to investing in the stock market, you won't take part "dollar for
dollar" in a rising stock market. You are offered a percentage of how much
the index gains over a period of time (not including dividends, which
accounted for about 30% of the total return of the S&P 500 for the last 20
years) and a guaranteed minimum return if the stock market declines.

Guaranteed Income

An annuity can provide you with a guaranteed lifetime income regardless of how
long you live. No other investment product can provide such a guarantee.

Unlimited Contributions

Unlike other tax-advantaged investments such as IRAs, you can contribute an
unlimited amount of money to an annuity during the year, whether in periodic
installments or a lump sum. Individual insurance carriers may place a ceiling on the
total amount you can put into an annuity without approval.

Bonus Rates

Some annuities award investors with bonuses at the end of the annuity's first year
such as extra interest that further increases your investment.

No Risk of Loss ("fixed" annuities)

Unlike other forms of stock or fund investments, an annuity that is invested in
mutual funds or are tied to the stock market performance may include minimum
guarantees to limit the amount of investment risk.

No-Penalty Annual Withdrawals

Most annuities have a provision that allows you to withdraw a certain amount per
year penalty free. For instance, you could choose to withdraw 15% per year for
set expenses such as other insurance premiums or for whatever purposes you
desire.

No-Penalty Rollovers

Company pension or profit-sharing plan payouts may be reinvested without
incurring current taxes or penalties.

No probate in case of death, as long as you specify beneficiaries.

Which means your family will find it easier and less costly to obtain the value of the
annuity.

No initial sales charges ("no load") or annual fees. Annuities are generally
no-load, no-fee investments, which means more of your money is actually invested
than with investments where some money is used to pay an initial or annual charge.

Shelter Investment Earnings

Retired people can use annuities to shelter investment earnings that would
otherwise lead to taxation of Social Security benefits.

We offer annuity insurance products to the following south Florida counties and
cities: Miami-Dade County, Broward County, Palm Beach County, Coral Gables,
Kendall, Richmond Heights, Pinecrest, Howard, Coral Way Village, Westchester,
Westwood Lakes, Brownsville, Sweetwater, Key Biscayne, North Bay Village,
Miami Beach, Miami Springs, Virginia Gardens, Hialeah, El Portal, Miami Shores,
Indian Creek, Surfside, Bal Harbour, North Miami, Biscayne Park, Pinewood Park,
Opa Locka, Bunche Park, Hialeah Gardens, Palm Springs North, Carol City, Miami,
Norland, Ojus, Miami Lakes, Biscayne Gardens, Hallandale, Sunny Isles Beach,
Golden Beach, Aventura, Uleta, Miramar, Pembroke Pines, North Miami Beach,
Hallandale Beach, Ives Estates, Pembroke Park, Hollywood, Dania Beach, Cooper
City, Davie, Weston, Plantation, Playland Isles, Melrose Park, Lauderhill, Sunrise,
Tamarac, Fort Lauderdale, Wilton Manors, Oakland Park, Lauderdale Lakes, Sea
Ranch Lakes, Pompano Beach, Margate, Coral Springs, North Lauderdale,
Lighthouse Point, Hillsboro Beach, Coconut Creek, Deerfield Beach, Boca Raton,
The Hamptons, Highland Beach, Boca West, Delray Beach, Boca Pointe, Boynton
Beach, Lantana, Rainbow Lakes, Atlantis, Lake Worth, South Palm Beach, Palm
Springs, Greenacres, Wellington, Haverhill, Palm Beach, Golden Lakes, Riviera
Beach, Glen Ridge, West Palm Beach, Lake Park, Royal Palm Beach, Jupiter, Juno
Beach, North Palm Beach, Loxahatchee, Belle Glade, Palm Beach Shores, South
Miami, Cutler Ridge, Princeton, Perrine, Naranja, Homestead, Florida City, and
Leisure City, FL

Tax Deferred Annuity Advantages - Savings

Tax Deferred Annuity Advantages - Taxes

Equity Indexed Annuity

We offer two types of annuities:

Fixed Tax Deferred & Equity Indexed

Insurance Benefit Agency, Inc.

Florida Annuity Insurance Specialists

"Your local South Florida annuity insurance product specialist!"

Click on the link below to fill out a quote form for an annuity insurance
product that will help you build additional savings for retirement. Or call
us toll free at 1-866-454-9555 to discuss the features.

Answer a few questions and
we will provide you with a no
obligation quote by phone.
Choose the FL individual or
group insurance coverage
you're interested in from a
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"Your south Florida

Annuity Products Agent"

Request a Quote Here!

Individual Insurance

Property Underwriters of Florida

Insurance Benefit Agency, Inc.

409 W. Hallandale Beach Blvd.

Suite # 215

Hallandale, Florida 33009

(305) 931-5988

(954) 454-9599

Toll Free: (866) 454-9555

Fax: (954) 843-0313

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