Annuities For Tax-Deferred Interest Growth
What Is An Annuity?
Annuities are contracts that provide tax deferred interest growth. We offer annuities through Savings Bank Life Insurance, as well as other providers approved by Infinex Financial Group. You make payments into an annuity—either one time, or many times—and the insurance company promises to make payments to you for a specific period, or over your entire lifetime. Annuities generally fall into one of two categories: immediate or deferred. Immediate annuities quickly begin making guaranteed payments to you. Deferred annuities generally take longer, but provide you with other important benefits.
Why Buy An Annuity?
Many people choose annuities for their flexibility and features. Annuities offer a tax-deferred way to save for retirement or other needs. But annuities also have other investment features:
- Earn tax-deferred interest.
- You can use annuities to provide guaranteed** income for life.
The bottom line: Annuities allow you to earn tax-deferred interest—you pay no state or federal taxes as the plan accumulates value. Only when we distribute the funds to you will you have to pay taxes.
No Cost, No Obligation Quote
Let us show you how affordable high-quality coverage can be. Complete our information request form, stop by our Raynham or Bridgewater Center locations or call 508-884-5778, for a FREE no-obligation quote.
**All guarantees are by the issuing insurance company and are subject to the claims paying ability of the insurance company.
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*Investments and Insurance Products are offered through INFINEX INVESTMETNS, INC. Member FINRA/SIPC. Bridgewater Savings and Infinex are not affiliated. Account Executives are representatives of Infinex.
Investment and Insurance Products:
• Are NOT FDIC Insured • Are NOT Bank Deposits
• May Lose Value • Are NOT Insured By Any Government Agency
• Are NOT Guaranteed by the Bank
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