Annuities
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In an Annuity there are two phases: • 1) Accumulation Period: Money will go into the account and accumulate interest for a set point of time. (Depending on the annuity you have) • 2)Annuitization phase: This is where you can take out an amount of money without surrender penalties and have a stream of income for yourself. • *Note you do not have to Annuitize at any age, you can choose to do this after the time period of accumulation or not. • #annuities #phases #accumulationperiod #annuitizationphase #lifeinsurance #lifeinsuranceagent #locallifeinsuranceagent #cedarpoint #NC #scantheQRcode #TRLife #TRLifeInsurance #licensedinNC #licensedinPA
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