Do you need an annuity in San Marcos, TX?
Do You Need an Annuity in San Marcos, TX?
An annuity in San Marcos, TX, is a financial product that pays out a fixed stream of payments to an individual, and these financial products are primarily used as an income stream for retirees. Yarbrough agency offers annuities in San Marcos, TX. Annuities are created and sold by financial institutions, which accept and invest funds from individuals. Upon annuitization, the holding institution will issue a stream of payments at a later point in time.
Annuity in San Marcos, TX, can also be created to turn a substantial lump sum into steady cash flow, such as for winners of large cash settlements from a lawsuit or from winning the lottery. Annuities can get very confusing and cause negative effects if not handled properly. The experts at Yarbrough Agency will guide you through these processes of annuity in San Marcos, TX.
Choosing the Right Annuity
There are many things about annuities you need to know. Contact Yarbrough Agency for an annuity in San Marcos, TX. Annuities exist first in an accumulation phase, whereby investors fund the product with either a lump-sum or periodic payments. Once the annuitization phase has been reached, the product begins paying out to the annuitant for either a fixed period or for the annuitant's remaining lifetime. It is very important that your annuity in San Marcos, TX is proper. There are different types of annuity in San Marcos, TX. There are several types of annuity products available to choose from.
Whether you’re looking for income options, legacy planning tools or spousal protection, make sure you take the time to choose the right one for you. The agents at Yarbrough Agency will take the time to assist you in getting the right annuity in San Marcos, TX. Contact us today for more information and learn more about our company here.