Your Simple Solution To Retirement Planning
Annuities and 403(b) plans are often referred to as personal retirement plans. While there are different options available, they all have one thing in common: when retirement comes upon you, they are set to provide your retirement income.
With Annuities, this means you receive a fixed, guaranteed income, for life. Annuities guarantee a return on your principal, giving you market-like gains, while protecting you from potential loss, giving you the best of both worlds.
With a 403(b) plan, a retirement plan for certain employees of public schools and certain tax-exempt organizations, you are able to save part of your current income for retirement, tax-deferred. 403(b) plans are not only a way to save, but your tax-deferred savings grow over time, allowing your retirement income to increase.