Annuities

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Annuity Investment Information - New Jersey

We offer innovative fixed annuity products and equity index annuity
products. An annuity offers unique benefits such as tax deferral, flexible
payout options and can also help to dramatically reduce the chances of
outliving your savings

Bonus Rates

Some annuities award investors with bonuses at the
end of the annuity's first year such as extra interest that
further increases your investment. Bonus rate products
may impose higher fees and charges and longer
surrender periods than contracts that do not provide
the bonus feature.

No-Penalty Rollovers

Company pension or profit-sharing plan payouts may
be reinvested without incurring current taxes or
penalties.

Click on one of the annuity

types below to learn more.

Your Life Solutions offers experienced annuity services throughout
New Jersey, including Fixed Annuity, Equity Indexed Annuity, Fixed
Immediate Annuity, and others.

Click on the link below to fill out a contact form for receiving more
information about these fixed annuity products. Or speak with our
Financial Services Specialist to discuss the features in detail.

No probate in case of death, as long as you specify
beneficiaries.

Which means your family will find it easier and less costly to obtain
the value of the annuity.

Shelter Investment Earnings

Retired people can use annuities to shelter investment earnings that
would otherwise lead to taxation of Social Security benefits.

A fixed tax deferred annuity, also referred to as a tax-deferred annuity, is a contract
between you and an insurance company for a guaranteed interest bearing policy
with guaranteed income options. The insurance company credits interest, and you
don't pay taxes on the earnings until you make a withdrawal or begin receiving an
annuity income. Because fixed annuities invest your premiums in interest bearing
obligations, you receive a lower return in comparison to equity indexed annuities,
since interest rates historically trail stock market returns.

Tax Deferred Annuity Advantages - Savings

Many people today are using a tax deferred annuity as the foundation of their
overall financial plan. By postponing the taxes your money compounds faster
because you can earn interest on dollars that would have otherwise been paid
to the IRS. Later, you can decide to take a monthly income and your taxes will
be less because they were spread out over a period of years. An annuity has a
penalty for early surrender but most annuity contracts have a limited
withdrawal provision that permits the contract owner to withdraw a certain
percentage each year without a surrender charge.

Tax Deferred Annuity Advantages - Taxes

You pay no taxes while your money is compounding. You can also pay a
lower tax on random withdrawals because you control the tax year in which
the withdrawals are made and only pay taxes on the interest withdrawn.

Click on the link below to fill out a contact form for receiving more information
about Tax Deferred Fixed Annuities. Or speak with our Financial Services
specialist to discuss the features in detail.

A fixed immediate annuity, also referred to as a fixed payment annuity, provides
you with a stream of income payments from your original purchase payment. The
amount of your income payouts is determined by the guaranteed interest rate and
the payout option you select. A fixed immediate annuity can begin benefit
payments as early as one month and no later than 13 months from the date of
purchase and is intended for investors who need a guaranteed income stream to
begin soon.

Click on the link below to fill out a contact form for receiving more information
about Immediate Fixed Annuities. Or speak with our Financial Services specialist
to discuss the features in detail.

An equity indexed annuity offers you a guaranteed minimum return with the
potential to earn additional interest based on the performance of a securities
market index. Equity indexed annuity returns are tied to indexes of market activity
and not to the performance of individual stocks or funds.

The equity indexed annuities we offer are tied to the following indexes: S&P 500*,
Dow Jones Index Acct.*, S&P MidCap 400*, NASDAQ*, and the Russell 2000*.

A equity indexed annuity will guarantee you a minimum interest rate (often
about 3% on 90% of your investment) while offering the potential of higher rates
by tying your return to a portion of the return of an index, such as the ones
mentioned above.

You are offered a percentage of how much the index gains over a period of
time (not including dividends, which accounted for about 30% of the total return
of the S&P 500 for the last 20 years) and a guaranteed minimum return if the
stock market declines.

Click on the link below to fill out a contact form for receiving more information
about Equity Indexed Annuities. Or speak with our Financial Services specialist
to discuss the features in detail.

**The information, pictures, and other content in this website about particular insurance
services or financial services is only provided for informational purposes. Any decisions
regarding your insurance and financial needs should be discussed with a licensed
insurance agent or financial professional.

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We are your local northern New Jersey insurance agency, offering experienced annuity
investment services to residents in the following cities and counties: Succasunna, Boonton,
Boonton Township, Brookside, Budd Lake, Butler, Cedar Knolls, Chatham, Chester, Convent
Station, Denville, Dover, Dover Annex, East Hanover, Fayson Lakes, Flanders, Florham Park,
Gillette, Green Village, Greystone Park, Hibernia, High Crest, Ironia, Kenvil, Kinnelon, Lake
Hiawatha, Lake Hopatcong, Lake Intervale, Landing, Ledgewood, Lincoln Park, Lindy Lake,
Long Valley, Lower Montville, Lyonsville, Madison, Mendham, Meriden, Millington, Mine Hill,
Montville, Montville Township, Morris Plains, Morristown, Mount Arlington, Mount Freedom, Mount
Olive, Mount Tabor, Mountain Lakes, Netcong, New Vernon, Parsippany, Pequannock,
Pequannock Township, Picatinny Arsenal, Pine Brook, Pinebrook, Pompton Junction, Pompton
Plains, Powerville, Ralston, Randolph, Riverdale, Rockaway, Rockaway Valley, Schooleys
Mountain, Stirling, Tabor, Taylortown, Towaco, Troy Hills, Wharton, Whippany, Stanhope,
Hopatcong, Espanong, Hurdtown, Cranberry Lake, Andover, Greendell, Woodport, Springdale,
Oak Ridge, Milton, Sparta, Lake Lenape, Newton, Ogdensburg, Saxton Falls, Johnsonburg,
Allamuchy, Vienna, Hackettstown, Beattystown, Marksboro, Hope, Townsbury, Washington,
Newark, Elizabeth, Rahway, Colonia, Iselin, Avenel, Woodbridge, Port Reading, Carteret, Perth
Amboy, Fords, South Amboy, Metuchen, Plainfield, Dunellen, South Plainfield, Green Brook,
Fanwood, North Plainfield, Cranford, Scotch Plains, Westfield, Union, Millburn, Springfield,
Mountainside, Gillette, Warren, Watchung, Stirling, Millington, Middlesex, Martinsville,
Piscataway, Edison, New Brunswick, Highland Park, Somerset, Milltown, South River, Bound
Brook, Somerville, Bridgewater, Fairview, Ridgefield, Fort Lee, Leonia, Palisades Park,
Englewood Cliffs, Englewood, Bergenfield, Teaneck, Paramus, Bogota, Ridgefield Park, Little
Ferry, Hackensack, Maywood, Teterboro, South Hackensack, Rochelle Park, Moonache, Lodi,
Hasbrouck Heights, Saddle Brook, Garfield, Elmwood Park, Woodridge, Carlstadt, East
Rutherford, Lyndhurst, Rutherford, Wallington, Passaic, Clifton, Paterson, Totowa, West
Paterson, Little Falls, Great Notch, North Caldwell, Cedar Grove, Verona, Montclair, Bloomfield,
West Orange, Glen Ridge, Belleville, Nutley, Kingsland, North Arlington, Kearney, Harrison, East
Orange, East Newark, Orange, Irvington, South Orange, Hillside, Townley, Livingston, Wayne,
Morris County, Sussex County, Somerset County, Pasaic County, Bergen County, Hunterdon
County, Union County, and Warren County, NJ.

Guaranteed Income

An annuity can provide you with a guaranteed lifetime
income regardless of how long you live. Guarantees are
limited to the claims-paying ability of the issuer.

Unlimited Contributions

Unlike other tax-advantaged investments such as IRAs,
you can contribute an unlimited amount of money to an
annuity during the year, whether in periodic installments
or a lump sum. Individual insurance carriers may place
a ceiling on the total amount you can put into an annuity
without approval.

At withdrawal Annuity holders pay a tax on the growth portion of the
annuity on last in first out accounting basis. If you are under 591/2
and need to pull your contributions out, the IRS will get 10% and,
the contract writer will ask for a "surrender charge" between 5 and
10%. Better writers have declining surrender fees at lower
percents, and allowances for 5-15% emergency withdrawals
without penalties. You cannot borrow against your contributions, but
Uncle Sam will let you transfer the funds to another insurance
company without penalty (let your accountant handle this, if the
check comes to you first you could be in trouble).

Withdrawal & Early Withdrawal