JP Turner understands that annuities are a good way to ensure that you do not outlive your savings. Unfortunately, for many, insurance only takes care of your family income requirements if you die too soon. Securing the right type of annuity through JP Turner can help you  take care of your life after retirement, as well as your family.

Overall an annuity is an insurance policy sold by an insurance company designed to provide long-term income, usually after retirement. JP Turner can obtain a suitable annuity given your circumstances and desired outcome.

JP Turner Review: An annuity contract has two phases: an accumulation phase and a payout phase. During the accumulation phase, the contract owner makes a payment or payments into the contract in exchange for either a fixed or variable return that is not subject to income taxes until withdrawal, permitting the tax deferred growth of your investment. During the payout phase, the accumulated value of the annuity contract can be converted into an income stream that can last for a set period of time or for as long as one lives.

Please note: All guarantees for annuities are based on the claims-paying ability of the insurance company.

Learn about the different types of annuities that JP Turner offers:

	Fixed Annuities Fixed annuities provide income payments in fixed amounts, which can help you pay fixed expenses during retirement. The payments are determined by the annuity contract.
	Immediate Annuities Immediate annuity contract can also be purchased that immediately pays an income stream. This type of contract is called an immediate annuity.
	Variable Annuities Variable annuities are long-term investment vehicles that provide income that can vary from payment to payment based on the performance of the underlying investments. They're designed to help offset the effects of inflation. The variable subaccounts are subject to market risks, including fluctuating returns and possible loss of principal; therefore, your investment, when redeemed, may be worth more or less than the original cost. Withdrawals prior to age 59 1/2 are fully taxable and may be subject to a 10% IRS penalty.