Absolute Retirement Solutions

shield white 1

Live Well. Retire with Confidence.

ABSOLUTE RETIREMENT SOLUTIONS

shield white 1

Live Well. Retire with Confidence.

ABSOLUTE RETIREMENT SOLUTIONS

Annuity Company Kansas City Metro Area 

An annuity is a financial tool that you can use to grow your retirement savings. People use them to create a guaranteed income for the future. It offers the opportunity for conservative, tax-deferred growth without any market risk. Annuities are not one-size-fits-all; there are multiple types and varieties, each with its own benefits and limitations. While an annuity isn’t right for everyone, certain annuities can be more effective than others depending on your goals and objectives. At Absolute Retirement Solutions, we can make personalized recommendations based on your financial situation and specific retirement goals. We work with a number of the top retirement income annuity providers in the country in order to offer you a great selection. With our vast knowledge and expertise, Absolute Retirement Solutions can help you choose the right type and the right annuity company designed to best meet your personal goals.

Don’t buy an annuity without fully understanding your options; contact us today in order to schedule an appointment at our offices in Overland Park, KS. We serve clients across the entire Kansas City Metro Area. 

annuity company overland park ks
retirement income annuity kansas city ks

Retirement Income Annuity

Unlike most retirement saving vehicles, an annuity is a contract between you and an insurance company, rather than a bank or investment firm. You can either make a lump sum payment or a series of scheduled payments into your annuity. In return, you receive regular payouts which can either start immediately or at a specified time in the future. Your principal is protected and your funds accrue on a tax-deferred basis. When you buy an annuity, the insurance company issuing the product guarantees that your money is protected from market loss. Fixed annuities also guarantee that you will be credited a specified minimum amount of interest (or more) to your annuity value. Once you start receiving income from your annuity, you have the option to receive payments for the rest of your life.

Before we suggest an annuity company, we’ll ask you about your current financial situation, goals for retirement, and how you plan to spend or pass down your savings. With this information, we can lay out your options and help you make an informed decision. If you have interest in purchasing a retirement income annuity, these are the basic types:

Types of Annuities:

Variable Annuity: You allocate your premiums to investment options within the variable annuity, often referred to as subaccounts. The insurance company pools this money and invests in underlying mutual funds. The annuity can gain or lose money based on changes in those investments, and you could lose money because your principal is at risk. Many variable annuities offer you the opportunity to purchase additional riders to provide certain guarantees to your money.

Immediate Annuity: You purchase the annuity with a lump sum and immediately start receiving income payments. With this type of annuity, once you purchase it, you lose control of the lump sum and generally cannot make changes to it or cancel it.

Fixed Annuity: Your premium payments and minimum interest rate are both guaranteed. Payouts from the annuity company are not dependent on the performance of the investments the company makes with the premiums it collects. 

Fixed Indexed Annuity: This type of retirement income annuity offers the potential to earn interest that is tied to the performance of an external index, such as the NASDAQ or S&P500, without ever being in the market. Any interest credited is locked in and can’t be lost due to market conditions. In a year, when the index option you have elected declines, you may not earn any interest. However, you won’t lose any money due to market loss.

Annuity Providers

Absolute Retirement Solutions is an independent insurance agency based in the Kansas City Metro Area. Annuities can be a complicated subject; we know that some are more straightforward than others. Our annuity providers know and understand the complexities of the annuities available on the market. We can match you with an annuity company and product that fits your individual needs. Absolute Retirement Solutions can also provide guidance on how and when to make withdrawals. We do this in order to help you minimize taxation and maximize your gains. At the end of the day, it’s about doing what’s right for you. Our agents have the skills to identify your path to success. Let us guide you into a comfortable retirement.

annuity providers kansas city ks
buy an annuity overland park ks

Buy An Annuity

Are you considering an annuity to strengthen your retirement income strategy? You can choose the right annuity company and buy an annuity tailored to you with help from the professionals at Absolute Retirement Solutions. Call or fill out our contact form today in order to schedule your appointment with our friendly and knowledgeable annuity providers in the Kansas City Metro Area. We’re looking forward to helping you lay the foundation for a stable retirement.

Live Well. Retire with Confidence.

ABSOLUTE RETIREMENT SOLUTIONS

Services
Any Questions or Additional Details?
Scroll to Top