Annuity Options | EverScope Advisory

Planning Steady Income for Your Future

Annuities are insurance-based financial tools that can help turn your savings into a predictable income for life. Whether you’re planning for retirement, looking to protect a lump sum, or simply want peace of mind knowing your money will last, annuities can play a valuable role in your overall plan.

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What is an Annuity?

An annuity is a contract between you and an insurance company. You contribute money — either as a lump sum or through a series of payments — and in return, the insurer agrees to provide you with income, either immediately or in the future.

Common annuity purposes:

Provide guaranteed income in retirement
Protect and grow a lump sum without market risk (fixed annuities)
Combine growth potential with downside protection (fixed indexed annuities)
Cover long-term care costs with certain hybrid annuity products

Types of Annuities

Fixed Annuities – Offer a guaranteed interest rate for a set period.

Fixed Indexed Annuities – Link growth to a market index with no risk of loss due to market downturns.

Immediate Annuities – Start paying income right away, often used by retirees.

Deferred Annuities – Let your money grow until you choose to start receiving income.

Are Annuities Right for You?

Annuities aren’t a one-size-fits-all solution. They can be powerful for some clients and unnecessary for others. That’s why our approach is to understand your goals, your timeline, and your other sources of income first. Then, if an annuity makes sense, we’ll walk you through the pros, cons, and costs before you commit.

How We Work With Annuities at ESA

At EverScope Advisory, annuities are just one of many tools we can use to help you plan your future.

We only recommend them when they’re truly the right fit.

We explain every feature, fee, and benefit in plain English.

We help you compare multiple carriers and product types so you can make an informed choice.

Frequently Asked Questions

What’s the difference between fixed and fixed indexed annuities?

Fixed annuities give you a guaranteed interest rate for a set period — stable and predictable.
Fixed indexed annuities link your growth to a market index, giving you potential for higher returns while protecting you from market losses.

When does an annuity make sense?

Annuities can be a smart choice if you want:

A guaranteed stream of retirement income
To protect a lump sum from market swings
To combine income with long-term care benefits (using certain hybrid annuities)

Can I change my mind later?

Annuities are long-term contracts, so flexibility depends on the product. Some allow withdrawals or partial surrenders, but there may be fees or surrender charges in the early years. That’s why we review all details with you before you decide.

Are annuities safe?

They’re backed by the financial strength of the insurance company that issues them. While not FDIC-insured, they’re regulated and may have additional protection through state guaranty associations (up to certain limits).

How do annuities fit into my overall plan?

We view annuities as one piece of your retirement or protection strategy — not a stand-alone solution. We’ll compare your other income sources, investments, and goals to see if an annuity adds real value.

Explore Your Options

Curious whether an annuity could be part of your retirement or protection strategy? Start with our Explore Coverage tool or schedule a one-on-one conversation. No pressure — just guidance you can trust.