What are Annuities?Financial products offered by insurance firms are called annuities. You make a one-time payment or a series of tax-deferred payments. Subsequently, you receive regular payments from the insurer for the duration of the policy or your lifetime. Annuities come in three varieties: fixed, variable, and indexed, each having unique characteristics and dangers. Although annuities have fees and other disadvantages, they can also provide tax advantages and guaranteed income.
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SKG Financial serves Easley and the surrounding South Carolina communities by protecting the people we work with just like we protect our own family members.
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