Fee Insurance Group's annuity expert, Becky Goering, explains why an annuity may be the good fit for your financial portfolio.

  1. Tax benefit - An investment in an annuity is tax deferred. You don’t pay taxes until you withdraw the amount, so it can be a great alternative to a CD or a savings account for any extra money you have available.

  2. Guaranteed income – Annuities can solve retirement challenges. They are the only financial product that can guarantee lifetime income, which is what many consumers says they want.

  3. It benefits your heirs – Annuities can provide an inheritance you can pass on like life insurance, only you don’t have to qualify to get the benefit.