Annuities in Salt Lake County

Annuities are an excellent investment option and can help you build a more robust retirement strategy

Fixed annuities help you invest strategically and plan for your retirement goals. As a leading financial planning firm in Salt Lake County, Ascend Investment Management offers various services to help make the most of your savings. Annuities make an excellent investment choice because they diversify your portfolio and provide you with payouts over the long term. Our financial advisors will take the time to explain your options and help you choose a plan that makes most sense for your objectives. Purchase tax-deferred annuities through an insurance company and either receive a lump sum or a steady amount over the course of the year. When you work with our team, you can feel confident knowing we’re helping you build a steady financial future.

How Do Fixed Annuities Work?

Insurance companies sell annuities, which are tax deferred and provide predetermined returns with low risk because it’s independent of the market. The financial advisors from Ascend Investment Management have many years of experience managing the investment strategies of countless clients in Salt Lake County. We tailor retirement solutions to match your needs as you plan to grow your savings in a strategic and targeted way.

These are some of the options you have:

  • Deferred annuities – Money is invested over a period of time and will grow until you’re ready to withdraw from the principal.
  • Immediate annuities – Immediate annuities have a short growth period, and the payout happens shortly after your investment.
  • Fixed annuities – Fixed annuities are a more secure option that are good for people who want to receive a predetermined amount as a return on investment and consistent monthly payouts no matter the market conditions. You’ll pay taxes when your earnings are withdrawn or when your contract is annuitized for monthly payments.
  • Variable annuities – Variable annuities offer various investment options, and changes in the market can affect what your payout will be, so there’s more risk but the chance of a higher return too.

Contact Us About Your Annuity Options

Learn more about fixed annuities and how they could be a beneficial option for you. Ascend Investment Management serves clients in Salt Lake County who want to diversify their investment portfolio and get the most from their savings. Call us at (801) 386-5311 for a consultation about annuities for your retirement plan.

We service the following areas: