Hartford Annuities: Shopping by Carrier
Hartford Life Annuities offer many benefits. These include tax-deferral, a guaranteed death benefit, and a lifetime income. The Hartford Life Annuities available have two phases, an accumulation phase and an annuitization phase.
Benefits of Investing in Hartford Life Annuities
One of the chief benefits is the deferral of taxes on all interest, dividends, and capital gains accumulated in the annuity plan. Investors are not taxed on the assets in the plan until they access the money. This means they could gain more in an annuity than in a taxable investment that has the same return rate. Another advantage is the guaranteed death benefit, which allows annuity owners to pass plan proceeds to a named beneficiary. These guarantees are based on Hartford Life Insurance and Annuity Insurance Company’s ability to pay, not on the investment performance or security of investment options. And the big one: income for life. The choice from among a variety of payout options includes one that will provide guaranteed lifelong payouts.
Types of Annuities from Hartford Life
Hartford Life Insurance and Annuity Insurance Company offers several kinds of plans, including variable annuities, fixed annuities, and income annuities.
Variable annuities are long-term investments designed to provide asset growth potential via a portfolio of equities managed by professionals. Savings accumulate on a tax-free basis, offering the potential for a lifelong, increasing income. The variable annuities offered by Hartford Life include the Hartford Leaders Suite, the Director M Suite, and the Putnam Hartford Capital Manager Suite.
Don't Just Shop, Implement a Solid Retirement Strategy
Purchasing an annuity is a big decision. Online research is a good start, but prudent investors should discuss all their options and risks with an independent financial advisor. Request a free, no-obligation consultation today, along with a report of current rates on brand-name annuities.Speak with an advisor over the phone about annuities for FREE.
Hartford’s fixed annuity plans, which are dependable and convenient for long-term investing, include the CRC Select plan, the Compound Rate Contract plan, and the Saver Plus. These plans allow investors to defer paying taxes on earning until monies are withdrawn, They also provide guaranteed rates over a time period selected by the investor. The annuities are designed to provide reliable asset growth so investors can make plans for the future. The choice of rate period offered to the investor means that investments can easily be matched to specific goals. These plans also provide access to income if needed for emergencies. All the fixed annuity plans available from Hartford Life are issued by a highly rated insurance company.
Income annuities offer a way to receive safe and guaranteed retirement income. These plans are designed to provide dependable income, ensure that retirees do not outlive their money, and payments for essential expenses. The income annuity plans from Hartford Life include the Hartford Income Annuity, the Hartford Single Income plan, and the Hartford Income Security Director Immediate Variable Annuity plan. These income annuities can be tailored to the particular needs of investors.
To find the best annuity products request a free, comprehensive quote comparision. Secure your retirement today, Get Started Now.