Annuities are designed to provide steady, predictable income — helping you plan for retirement with confidence and financial stability. Whether you’re preparing for retirement or protecting future income needs, annuities offer a reliable way to turn savings into long‑term security.
At James Econn & Co., we help you understand, compare, and choose annuity solutions that support your retirement goals — without complexity or uncertainty.
An annuity is a financial product that provides regular income payments, either immediately or at a future date, in exchange for a lump‑sum or periodic investment.
Annuities can help:
Our advisors explain how annuities work — clearly and transparently — so you can make informed decisions.
Lifetime or term‑based payouts
Growth until withdrawal
Lump‑sum or periodic funding
Income continuity for loved ones
Inflation protection or enhanced income features
Monthly, quarterly, or annual income
Annuities offer varying levels of risk depending on type. Fixed annuities provide guaranteed returns, while others offer growth potential.
Payments may begin immediately or at a future date, depending on the product.
Growth is typically tax‑deferred, and withdrawals may be taxed as per regulations.
Yes. Many annuities include beneficiary or survivor options.
No. Deferred annuities can be used for long‑term retirement planning as well.
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