Tax Deferred Annuity and Immediate Annuities Can Provide Secured Life

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<h1>Tax Deferred Annuity and Immediate Annuities Can Provide Secured Life</h1><strong> Author: <a href='http://www.articleseen.com/profile_Robert Maddy Cooks.aspx'>Robert Maddy Cooks</a></strong><br /><p>It is impossible to lead life without proper fund management because it is very important for a secured life after retirement. Usually, people have to face financial crisis post retirement as the pension which they get is not sufficient to meet their expenses and there is a need for additional income. Annuities are the best investment options to get secured additional income post retirement. There are many types of annuities like Tax Deferred Annuity, Immediate Annuities and many others. Tax Deferred Annuity is a great investment plan because as long as the amount remains invested you will earn consistently. It provides you tax benefits as the income tax will be postponed till the money is invested but you will have to be pay the tax as soon as you withdraw the money. Modern Tax Deferred Annuity plans provide very competitive interest rates as well as tax deferred interest accumulation. Tax Deferred Annuity also provides lifetime income options along with complete security of both the principal and the interest. Tax Deferred Annuity is based on fixed interest rates and therefore, it helps you to lead a relaxed life without any tension. Thus, Tax Deferred Annuity is said to be most preferred plan as it provides several benefits like competitive rates of interest, deferred interest accumulation, lifetime income options and principal and interest security. There are many types of annuities to suit the needs of different people. Immediate Annuities are also another type of annuity which provides many benefits to the investors. In these annuities you do not have to wait long for receiving payments. In Immediate Annuities the insurance companies make the payment immediately but the rates of interest offered by them is less in comparison to other annuities. Immediate Annuities are really popular among the people irrespective of low interest rate and this is only due to its several advantages. Besides immediate payments, Immediate Annuities provide many other benefits for the investors as they provide freedom to the investors to decide whether they want life-long payment option or payment for a specified period of time. No matter what they choose this annuity plan will provide a good income which will help you in your future. Another feature of Immediate Annuities is simplicity and there is no need for the investor to manage portfolio. Therefore, you can choose Tax Deferred Annuity, Immediate Annuities or any other annuity according to your financial needs.</p><strong>About the Author:</strong><br />Robert Cook is a business consultant who has good information on <a rel="nofollow" href="http://www.totalreturnannuities.com/annuities-immediate/">Immediate Annuities</a> and <a rel="nofollow" href="http://www.totalreturnannuities.com/annuities-immediate/">Immediate Annuities</a>. For more information he recommend you to visit <a rel="nofollow" href="http://www.totalreturnannuities.com/">www.totalreturnannuities.com/</a> . <p> Article Source: <a href='http://www.articleseen.com/Article_Tax-Deferred-Annuity-and-Immediate-Annuities-Can-Provide-Secured-Life_109713.aspx'> http://www.articleseen.com/Article_Tax Deferred Annuity and Immediate Annuities Can Provide Secured Life_109713.aspx</a></p>

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Keywords : Tax Deferred Annuity, Immediate Annuities,

Category : Finance : Investing