Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Provide Financial Security to your Retired Life through Deferred Annuity

By Robertcook Subscribe to RSS | March 1st 2012 | Views:

Have you ever thought of the life after your retirement? Are you considering how you will be able to support for family from your mere amount of savings? If the answer to any of these questions ends up in a negative manner, then you need to find the proper way to secure your future financial status. Under such circumstances, deferred annuity scheme can be considered as one of the preferred option for making your future life financially secured.

Once you are on the verge of your retirement, it is needless to say that you will have a fixed amount of money as your savings. However, within this limited amount of money, it should be hard for the retired people to deal with the increasing inflation rate. Therefore, it would be essential for these people to look around for other financial schemes to get some monetary benefits. At that point of time, the deferred annuity scheme is ideal for these people for providing some financial comfort to them.

Under this financial scheme, one has to offer a lump sum of money to the financial organization and after a certain period of time, he will be able to get regular monthly repayment from his offered money. It is to be noted that this deferment period can be fixed by the annuitant. In addition to that, the period in which the deferment of repayment happens, is considered to be tax free. Therefore, once someone offers his hard earned money to the deferred annuity scheme, he will be able to save some taxable amount by investing in this financial profitable scheme.

It is also to be noted that the amount you offer to the financial organization will be treated as your basic investment. On that given amount, you will get a certain rate of interest as your financial benefit. Therefore, it is evident that you would love to invest in such scheme which has the higher annuity rate. In that case, you need to look around for the best possible rates for your investment. In that case, you may have the opportunity to consult some financial advisors who are quite capable to suggest the suitable source for getting the highest annuity rate. You can also have the opportunity to take help from the annuity calculator which can be found online.

In other words, you have to wander various sources to get the best possible annuity rate for securing the financial future of your retired life.

Robertcook - About Author:
Robert Cook is a Financial consultant who has good information on deferred annuity and annuity rate For more information he recommends you to visit

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Investing Articles Subscribe to RSS

How to Differentiate Fixed- and Adjustable-rate Mortgages
Published by Randy Robinson on April 13th 2012 | Finance
Few people would prefer to pay fixed expenses for years. This is true especially when costs were hig...
Where can I get the best rate credit cards - at the bank or online?
Published by Jesse Wallace on June 6th 2012 | Finance

Applying for a credit card online can sometimes offer better rates than in high street banks....
Why choose fixed rate bonds?
Published by Sean Burke on May 1st 2012 | Finance
How fixed rate bonds compare to other fixed rate savings.
Effective particles behind Currency rate Variations
Published by Vijaya Singh on January 20th 2012 | Investing
Currency exchange rate is highly dependent on export and import, surplus and deficit, macroeconomic ...
Get assured income with the income annuity
Published by Robert Jhonson on March 27th 2012 | Finance
The income annuity is considered to be a great investment while you are employed. It provides you wi...
Why is it best to opt for fixed annuity and the deferred annuity
Published by Robert Jhonson on March 20th 2012 | Finance
The annuity is the best investment that you can possibly make while you are still employed....
Reasons to consider a fixed rate cash ISA
Published by Sean Burke on May 2nd 2012 | Finance
Enjoy tax free savings and financial security with a fixed rate cash ISA....
Effective particles behind Currency rate Variations
Published by Vijaya Singh on January 20th 2012 | Investing
Currency exchange rate is highly dependent on export and import, surplus and deficit, macroeconomic ...
Proper information about annuity quotes and annuity calculator
Published by Robert Jhonson on March 27th 2012 | Finance
Information about the various annuity quotes and the usage of the annuity calculator can help you ta...
What is the right age for investing in an annuity?
Published by Robertcook on March 1st 2012 | Investing
When you plan to invest in an annuity scheme, age is one of the most important considerable factors....
Plan for a peaceful retired life with retirement annuity
Published by Robertcook on April 6th 2012 | Investing
If you wish to have a peaceful and tension free retired life, start to plan early while you are stil...