Saving for retirement is common practice among many generations. But, with life expectancies outpacing those of previous decades, many people are living past their saved retirement funds. At iWill Advisors, we know that many people purchase life insurance & annuities in South Florida to help provide in instances where individuals outlive their income. Annuities are ideal as long-term care insurance, along with funding independent living. If you are curious to discover your opportunities for life insurance & annuities in Coral Springs, we invite you to consult with our specialists at iWill Advisors.
Life Insurance & Annuities South Florida
How can I find options for life insurance & annuities in South Florida?
Many people are concerned with outliving their income, but life insurance & annuities in South Florida can help quell any fears. These policies can help provide sound financial footing in the event you outlive your retirement or income. Annuities are long term contracts purchased from insurance companies, these contracts help accumulate assets. Annuities offer benefits that can be immediate or long term, our team at iWill Advisors can help you find your best fit.
There are many options available when it comes to life insurance & annuities in Coral Springs. At iWill Advisors, we can help you find your fit. Annuity types include:
- Fixed Indexed
Each type of annuity offers varying investment benefits and needs. With most annuities, there are federal tax penalties if withdrawn before you reach 59 ½. This may include taxation on annuities as income and a 10% federal tax penalty. Our team at iWill Advisors can help you understand the features of many different types of life insurance & annuity options.
What are the benefits of life insurance & annuities in South Florida?
Peace of mind is a rare thing these days, but life insurance & annuities in South Florida can help bring peace of mind to you and your family. With annuities added on to life insurance, you can ensure that your extended financial needs are met. For example, when a long term care annuity is purchased, it can provide peace of mind in two different ways. The policy may offer finances for extended senior care, or it can be transferred into a stream of income payments, known as annuitization.
How can I find my best fit for life insurance & annuities in South Florida?
At iWill Advisors, our specialists are here to connect you to your best opportunities for life insurance & annuities in South Florida. We work with top policy providers to help you find the policy which offers your best coverage fits. Contact our iWill Advisors team today to get started.