annuities: MCD Financial Services propose you fixed annuities and variable annuities

What are annuities?

Annuities are contracts between you and a life insurance company. Annuities provide tax-deferred growth and/or income for your retirement. Income type Annuities can provide lifetime income or income for a specified period of time (you choose.) An Annuity can offer you very competitive current interest rates on premiums you contribute. There are two main types of annuities: fixed annuities (including fixed rate and indexed annuities) and variable annuities.

Fixed annuities are backed by the general assets of the insurance company. We only offer annuities that are issued by a highly rated insurance company.

Fixed annuities are low risk

Fixed annuities are low-risk products. With fixed annuities, you earn a fixed rate of return period of time you choose or a variable rate of return. The variable rate of return on a fixed annuity can be tide to variable basic interest rates or an index (for higher potential returns.) A major advantage for fixed annuities, is that fixed annuities cannot return negative results as with other equity investments and yet fixed annuities can be very competitive.

Fixed annuities have two phases : the accumulation phase of fixed annuities and the distribution phase of fixed annuities :

the accumulation phase of the fixed annuity is when the money grows tax-deferred. During the accumulation phase of the fixed annuity, you are basically investing money in this fixed annuity at a fixed or variable rate (you choose.).

the distribution phase of the fixed annuity is when you decide how you want to withdraw your money or how your money should be paid put to you.

Variable annuities are insurance contracts under which the insurer agrees to make periodic payments to you. You purchase variable annuities contracts by making one or several investment. Variable annuities offer a range of investment options.

The accumulation phase of a Variable annuity is when you make purchase payments, which you can allocate to a number of investment options. During the accumulation phase of a variable annuity, you are basically investing money in this variable annuity. Variable annuity often allows you to allocate part of your purchase payments to a fixed account.

The distribution phase of variable annuity is when you decide how you want to withdraw your money.

During the distribution phase of variable annuity, you withdraw your money as you want :

Variable annuities : a lump sum withdrawal

Variable annuities : a regular income payment schedule

Variable annuities : a guaranteed income plans

Which Annuities to choose?

CD Annuities - The most comparable to bank CD's. Your get a predictable rate of return.

Fixed Rate Annuities - These fixed annuities will usually offer a fixed rate for a short to medium period of time at sometimes a lower guaranteed rate.

Indexed Annuities - These annuities are some of the most popular today. These annuities allow you to receive higher returns than with many fixed rate annuities. These annuities are ideal for individuals who want to take advantage of equity fluctuations without the downside risk.

Immediate Income Annuities - These annuities provide a guaranteed stream of income for a period of time. These annuities are most popular with retirees. The income of these annuities are for life or a selected period.

Interest Bonus Annuities- These annuities offer a substantial first year bonus. These annuities are for people who experienced investment losses and are trying to recoup these losses through interest bonus annuities. These annuities tend to run for longer periods than CD Annuities, Fixed Rate Annuities, Indexed Annuities or Immediate Income Annuities.

Variable Annuities – They allow for greater upside potential but usually involve higher risks to your principal