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Annuity

Take action today and build protected lifetime income. Start shopping for annuity plans with help from licensed annuity brokers.

What Are Annuities?

An annuity is a long-term contract between the insured and an insurance company. Under this contract, the insured puts some of their savings into the annuity by making either a single or series of payments.

Similarly, the insurer makes either one lump sum payment or a series of payments over time, providing the insured with an income stream that can last for life.

There are three basic types of annuities:

Fixed annuities provide a guaranteed interest rate for a specific period.
Variable annuities allow you to direct your annuity payments to various investment options, such as mutual funds.
Indexed annuities credit you with a return based on a stock market index, such as the Standard and Poor’s (S&P) 500.

Got questions? Let our annuity brokerage firm guide you as you shop for annuities so you can enjoy guaranteed income for life when you retire

Why Consider an Annuity?

Grow your assets and protect your income for life.

Guaranteed Income

When you invest in an annuity, you enter into a contract with an insurance company to receive regular payments for a specified period or a lifetime. This provides you with a reliable source of income to cover your living expenses, regardless of market conditions.

Tax-Deferred Growth

Annuities offer the benefit of tax-deferred growth, which means you don’t pay taxes on the earnings in your annuity until you start taking withdrawals. Tax deferrals compound your money more quickly than taxable investment accounts.

Long-Term Care Options

Some annuities come with long-term care options or riders that provide additional benefits for covering the costs of long-term care services. These options are particularly valuable as you age, offering financial protection for unexpected health expenses

What Our Clients Are Saying

"Planning for retirement was overwhelming until I met the team at MAEA. They introduced me to annuity options that provided a secure and steady income stream. Now, I have peace of mind knowing my financial future is in good hands. Their personalized approach made all the difference."

John M.

"My grandmother needed help understanding her Medicare benefits. MAEA treated her with such kindness and patience, making sure she felt comfortable with every decision. They found a plan that covered her medications and specialist visits. Our family couldn't be happier with their exceptional service."

Maxwell D.

"When my wife was diagnosed with cancer, our medical expenses skyrocketed. MAEA reviewed our existing policies and found a better plan that provided extensive coverage and saved us money. Their compassion during a tough time was a beacon of hope for us."

José H.

"I was skeptical about annuities until MAEA explained how they could secure my financial future. They tailored an annuity plan that aligns with my retirement needs. Now, I can look forward to my golden years without financial stress. Their expertise truly changed my life."

Thomas B.

"Navigating Medicare was overwhelming until I connected with Carolyn Smith and her exceptional team at ElderCare over 25 years ago. They took the time to understand my health concerns and financial situation, recommending a plan that offers excellent coverage without unnecessary extras. Their patience and expertise turned a confusing process into a straightforward one. Now my grandchildren are clients!"

Matthew K.

Why Choose
Marketplace Agency & ElderCare Associates

Shopping for annuities made simple.

Comprehensive Analysis

Our experienced annuity agents thoroughly analyze your financial situation, risk tolerance, income goals and retirement timeline. This allows our annuity brokers to provide personalized recommendations on the best annuity options for your unique circumstance.

Licensed Annuity Agents

Receive professional support and assistance from the initial consultation to finalizing your annuity. Our licensed annuity brokers take the time to educate you on how annuities work and the tradeoffs of different product features so you can make an informed decision.

Unbiased Guidance

As an independent annuity brokerage firm, we are not tied to any specific insurance company or product line. Our annuity agents evaluate products from a broad spectrum of providers, ensuring you have access to a variety of options that best meet your financial goals and retirement needs.

Let Us Help Secure Your Retirement Income

Take the first step towards a worry-free retirement. Schedule a no-obligation consultation with our annuity brokerage firm and begin shopping for an annuity!

Annuity

What Are Annuities?