Variable Annuity

A variable annuity is a long-term investment designed to allow the individual to help accumulate assets in a tax deferred manner.  It is designed to allow the individual to invest in professionally managed investment portfolios.  The investment value will fluctuate depending on the performance of the portfolios chosen.  The value may decline due to market risk.  A variable annuity may offer death benefits to your beneficiary and living benefits to help protect the investor.