Doumar Insurance & Financial Services, Inc.

Description

Many annuities offer a great rate to start, but then you see the interest rate drift down after the first year. Have you noticed that your annuity interest rate keeps falling? Have you even paid attention to it? Most people are pretty good about making sure that they're getting the best rates on their bank CDs, credit cards, car insurance, even their mortgage. We all know that you can save a ton of money by simply shopping for a better deal. Not nearly as many people realize that you can - and should - do the same kind of competitive review of your existing annuity plans. Even fewer people know that you can easily trade-in an older, possibly under-performing annuity for one that better suits your needs, and with no out-of-pocket expenses or current taxes to pay! Here's One Tax Law That Actually Works In Your Favor! What we're talking about is called a "1035 Tax-Free Exchange" named for section 1035[a] of the IRS code. In a "1035 Tax-Free Exchange" you simply move your money from one annuity into another. Since you're not actually spending the money you withdraw, you don't have to recognize the earnings as current income. That means you can move your money to the most competitive plan you can find without sacrificing the benefits of tax-deferral. Request A FREE Annuity Evaluation from DoumarInsurance.com To find out how your annuity stacks up against the competition, request a FREE Annuity Evaluation from Doumarinsurance.com. We'll help you compare rates, benefits, charges and the relative financial strength of your insurance company. If you do find a better product, we'll show you how easy it is to upgrade your annuity plan. Please call us toll-free at (866) 575-1210 with any questions you may have. David Doumar is registered with, supervised by and securities are offered through Kovack Securities, Incorporated Member FINRA/SIPC. (954) 782-4771. 6451 N. Federal Hwy Suite 1201 Ft. Lauderdale, FL 33308

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