How to Choose the Right Tax-Sheltered Annuity for Your Financial Goals?

Retirewelldallas118 Nov, 2024Other

Choosing the right tax-sheltered annuity is crucial for meeting your financial objectives. With proper planning, annuities can offer both growth potential and tax advantages, making them an attractive option for retirement. According to a report by the Insured Retirement Institute, nearly 50% of retirees prefer fixed-income products, reflecting a growing trend toward risk-averse investments. Tax-sheltered annuities allow you to save for retirement while deferring taxes on investment earnings, meaning your money grows without immediate taxation.