Annuities provide a tax-advantaged alternative for your long-term savings. BIM Financial Services annuities are tax deferred, designed to help you build a savings for retirement.
Immediate annuities are long-term, tax-deferred contracts you purchase from an insurance company that provide immediate regular payments in exchange for a lump-sum deposit. These payments are guaranteed to last for life or a specified period of time.
Flexible Premium Annuities
Flexible premium annuities is an annuity that is intended to be funded by a series of payments. Flexible premium annuities are only deferred annuities; that is, they are designed to have a significant period of payments into the annuity plus growth before any money is withdrawn from them.
Contact us to ask about retirement planning and annuities.