Virginia Fixed Annuities
Get rates and quotes for Fixed Annuities for residents living in Maryland, D.C. and Virginia.
Comrade Financial Group offers Fixed Annuities, Fixed Indexed Annuities and Immediate Annuities to help secure your financial future for Individuals, Families and Business’s in Maryland, Virginia and District of Columbia.
Americans are living longer and spending more time in retirement. In fact, the average American will be retired for 18 years. A retirement nest egg is probably the largest amount of money you will ever need to accumulate. How will you do it?
Tax Breaks were passed with the Retirement Security Needs Lifetime Pay Act
Do you really think that Social Security will be there for you?
Think about a Fixed Annuity. Fixed annuities are a safe, risk-free way to plan for a comfortable retirement. You do so, on a tax-deferred basis. The money is protected, and you can get a guarantee that you’ll never outlive the income you receive from the annuity. Just think of an Annuity is a Tax Deferred CD that compounds interest on interest.
What is an Annuity? How am I protected with an Annuity
Annuities offer a beneficial feature in the form of Asset Protection.
Below are the guidelines for your jurisdiction.
Asset Protection with Annuities in Maryland are defined in Md. Code Ann., Ins. 16-11 Proceeds wholly exempt if payable to the spouse, child, or dependent relative of the insured.
Asset Protection with Annuities in Virginia are defined in Va. Code as NONE. (Life Insurance only) Beneficiary’s interest in proceeds wholly protected from creditors of owner and insured, provided that beneficiary is not owner or insured.
Asset Protection with Annuities in the District of Columbia are defined in D.C. Code Ann. 15-503 as Maximum exemption of $200 per month for a beneficiary providing principal support of a family or $60 per month for a beneficiary not providing principal support of a family.
To find out more information, fill out our no obligation Annuity Online Quote Form and one of our friendly agents will contact you.