Press Release (ePRNews.com) - Katy TX - Nov 20, 2019 - Davis Capital Corporation is a licensed insurance broker that provides low-risk ways for retirees or those that are retiring soon, to invest their retirement savings. If you are looking for ways to invest your retirement funds, Davis Capital Corp. can help you invest your money and assist you in achieving lifetime income growth without risk while simultaneously protecting and growing your money.
A Fixed Index has a lot in common with fixed deferred interest rate annuities. An insurance company issues them. However, rather than an interest rate, the benchmarked amount goes to a selected stock-market index. There is a certain degree of safety that comes with these types of funds, and Davis Capital Corporation can help as you sort through understanding what a Annuity Fund is and what is the best way to invest your retirement money to get the most out of your golden years.
There are many reasons to consider a Fixed Index Annuity. The first is that income taxes are deferred while compounded earnings are being gained. You are not responsible for paying taxes on the money you make until you withdraw the money from the account. The profits you make also do not cancel any social security benefits as with other types of investments. If done correctly, this can maximize your earnings. You can also earn higher interest rates because fixed index annuities sometimes credit a higher interest rate than other types of deferred annuities.
Other reasons to consider a fixed index annuity is that you can make contributions to the tax-deferred account. When you maximize your contributions to a retirement plan that qualifies, you can contribute without limit to an annuity that is tax deferred. You can also protect your principal from downturns that occur within the credit markets. There are times where interest rate trends are up, and times when they are down. Annuity accounts protect you from your principal being lost.
A fixed index annuity can also provide the opportunity for you to retire early without experiencing a penalty. If you are under the age of 59 ½ and receive your 401(k) in a lump sum, annuities can provide tax savings. These amounts can then be placed in an annuity policy without having to list them as a taxable source of income. These annuities also have the potential to satisfy the required minimum distributions and create an inheritance that is probate-free. Davis Capital Corp can assist you in retiring with a lifetime of income.
Grow your money today and contact Davis Capital Corp. at (281) 665-3133!