Annuity

Your legacy is more than about money. It’s about passing on your values and beliefs. About knowing a charity you believe in will thrive or that a grandchild you love will carry on your traditions. What can you do to protect your income? What can you do to protect your family? We now introduce you to Annuity.

An annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. Unlike most savings plans, an annuity accrues interest tax-deferred until you choose to withdraw. Furthermore, an annuity is uniquely flexible, allowing you to customize its features based on your terms.

Sky Vision, as a provider of qualified financial professionals, can help you determine whether an annuity is appropriate for you. Considerations to be included are: age, income, net worth, tax status, insurance needs, financial objectives, liquidity needs, time horizon, risk tolerance, and any other applicable information. Together, we can decide not only whether an annuity is right for you, but also which kind of annuity is right for you specifically.

Please refer below for the three common types of Annuity with each has its own character, benefit and priority. If you want to know which annuity or what annuity product suits you the most, please contact us directly.

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