Annuities

Fixed, indexed, and immediate annuities are insurance contracts that can provide income in retirement. We work with multiple carriers to find the right fit.

Guarantees — including any lifetime income benefit and any principal protection — are backed solely by the claims-paying ability of the issuing insurance company. Annuities are not bank deposits, are not FDIC insured, and are not guaranteed by any federal or state agency. Lifetime income features are typically optional riders that carry an additional annual charge. Withdrawals may be subject to surrender charges, a market value adjustment, income tax, and — before age 59½ — an IRS penalty. Indexed interest is subject to caps, participation rates, and spreads that the insurer may change. Product features, availability, and rates vary by carrier and by state.

Capital Partners Insurance & Financial Services Inc. is a licensed insurance agency. We are compensated by commission paid by the issuing insurance company when an annuity is purchased. We do not provide investment, tax, or legal advice, and we are not a registered investment adviser or broker-dealer. Consult your tax adviser or attorney regarding your particular situation. Before purchasing any annuity we will provide the Florida Insurance Agent (Producer) Disclosure for Annuities (DFS-H1-1990) and review the product's disclosure documents with you.