| |
 |
|
- What is a fixed deferred annuity?
You can purchase a fixed tax deferred annuity with a single
payment or make periodic payments as you save for retirement.
All earnings in a fixed tax deferred annuity are not treated
as taxable income until they are withdrawn. Withdrawals may
be subject to regular income tax, and if made prior to age 59½
, may also be subject to a 10% IRS penalty. In addition, company
imposed surrender charges may apply. The policy holder can choose
the time in which to convert the accumulated principal and earnings
into a steady stream of income. An annuity is the only type
of product which has the ability to pay an income guaranteed
to last as long as you live.
- How do I exchange my
financial CD for a tax deferred fixed annuity?
The transfer can be done quickly and privately with help from
your personal Edwards Financial, Inc. Associate. It is a simple
process completed with minimal paperwork. Please click here
to submit a request for one of the Edwards Financial, Inc. staff
to help you with your transfer.
- Is there a way to avoid paying penalties
for withdrawing money out of a CD early?
Edwards Financial Inc. will advise you of fixed annuities which
pay a bonus to cover any penalties incurred by early withdraw
from a CD. Please click here to submit a request for one of
the Edwards Financial staff to help you with your transfer.
- How do I obtain my current
annuities account information?
Contacting your personal Edwards Financial Inc. Associate directly
will ensure accurate and up-to-date information. You can also
access the information online or by contacting the insurance
company directly.
- How do I make a change to my annuity?
Contacting your personal Edwards Financial Inc. Associate directly
will ensure an accurate and trouble-free transaction. You can
also access the information online or by contacting the insurance
company directly.
- How do I withdraw funds
from my annuity?
Contacting your personal Edwards Financial Inc. Associate directly
will ensure accurate and up-to-date transaction. You can also
access the information online or by contacting the insurance
company directly.
- How do I make a payment for my existing
annuity?
Contacting your personal Edwards Financial Inc. Associate directly
will ensure accurate and trouble-free transaction. You can also
access the information online or by contacting the insurance
company directly.
- What if I die owning a tax deferred fixed
annuity?
The accumulated value will be paid directly, privately and probate-free to your beneficiary or beneficiaries.
- How do I file a death benefit claim from
my annuity?
A death benefit claim is best handled by contacting your Edwards Financial Inc. professional associate. We understand personal attention is needed at this time more than ever, and it is our company policy to personally handle the paper work for filing your claim.
- Can a tax deferred fixed
annuity also pay me a monthly income?
YES, In fact it is the only fund available that guarantees to pay you an income you can not out live!
- What expenses are associated with my
tax deferred fixed annuity?
There are no fees or other expenses in a tax deferred fixed annuity, however, there are penalties for early withdrawal.
|
|
