Investments Annuities and Individual Retirement Accounts (IRAs) can help give you the retirement security you desire. The professionals at Core Financial have the knowledge and resources to help guide you every step of the way. AnnuitiesIRAs Annuities Annuities can be a big part of retirement strategy. An annuity is a fixed sum of money paid out, giving steady source of steady income as long as you live. Annuities are also designed to help you grow and protect your retirement assets. Types of Annuities Fixed AnnuitiesDeferred AnnuitiesVariable AnnuitiesIndexed AnnuitiesIncome AnnuitiesSingle Premium Immediate Annuity Benefits of Annuities Receive tax-deferred growth and compounding within the annuity contractGuaranteed rates of return on investmentGuaranteed lifetime payments if you annuitize All guarantees are based on the claims paying ability of the issuing insurance company. Withdraws are subject to ordinary income tax and if taken prior to age 59 ½ may be subject to a 10% federal tax penalty. IRAs IRAs are investment products and strategies to help you secure your retirement. The main advantage of an IRA is that you defer paying taxes on the earnings and growth of your funds until you actually withdraw the money. Types of IRAs Traditional IRARoth IRA*Spousal IRARollover IRAStretch IRA Benefits of IRAs Tax-deferred strategiesFlexibility to invest in a range of financial products * A distribution from a Roth IRA is tax-free and penalty-free, provided the five-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death.