 Personal
Financial Planning Services:
IRA's and Annuities
Centerville is a leading provider of financial planning services, IRAs
and tax shelters for the individual.
 Individual
Retirement Accounts (IRA):
An individual retirement account in which a person can set aside after-tax
income up to a specified amount each year. Earnings on the account are
tax-free, and tax-free withdrawals may be made after age 591/2.
ROTH (IRA):
An individual retirement account in which a person can set aside after-tax
income up to a specified amount each year. Earnings on the account are
tax-free, and tax-free withdrawals may be made after age 591/2.
Tax Deferred Annuities:
A tax-deferred variable annuity offers the advantage of investing plus
tax-deferred growth. Since the actual returns of your annuity's funds
are not eroded by taxes year after year, they'll compound faster. Over
the long term, you may be able to accumulate substantially more in a tax-deferred
variable annuity than in a taxable investment earning the same rate of
return, which means more income at retirement.
 Flexible
Premium Annuities:
This Flexible Premium Annuity plan provides maximum opportunity to vary
deposits for the accumulation of funds for retirement or other specific
objectives. It may be issued at any age. At maturity (usually the policy
anniversary nearest the policy owner’s 65th birthday) settlement involves
a guaranteed monthly life income (120 months certain). The amount of such
income is determined by multiplying the annuitized values or cash values
at that time by the factor shown in the Settlement Options Table of the
policy. If death occurs, the remaining annuitized value will be paid to
a named beneficiary.
Single Premium Annuities:
The Single Premium Immediate Annuity addresses your financial needs by
providing a stream of income from a single, lump-sum premium payment.
It can be used for retirement, estate planning, to provide care for dependents,
and for gifts. |
