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An annuity is a long-term investment contract that provides you with an option to annuitize  at retirement. An annuitized contract can potentially provide you with a regular stream of income, for as long as you live or for a designated period of time after your retirement. Annuities also typically include a death benefit. Assets in an annuity grow tax deferred until they are withdrawn, and there are no contribution limits under federal tax law. As with other retirement-oriented investment vehicles, you're subject to up to a penalty if you withdraw earnings from an annuity before age 59 1/2. Please Contact Us at Mel Wolf & Associates, Inc. Today, For More Information.
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Types of Insurance 
