Investments

Fixed Annuity

Fixed Annuities can be used to provide a fixed annual return for the lifetime of the investor beginning after a predetermined age or the age of retirement (whichever is greater). The investment begins by allowing an annuitant to invest in an insurance contract that builds earnings at a fixed rate over a period of time. The insurance company invests its assets, including the premium, so it will be able to pay the rate of return that it has promised to pay. The insurance company guarantees both earnings and principal, making fixed dollar payments for the term of the contract (usually until death or a set time period).  Sgroi Financial works with many companies that suit the needs of any desired income level. Some of these companies include: