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Annuities in Duluth GA & Johns Creek GA

Keep Your Financial Resources Protected.

Poteet & Poteet understands the value of saving for and investing in your future. If you’re like many Americans, you work diligently each day and take the right steps to ensure that you’ll be supported with a comfortable income after you retire. That’s why it’s smart to have the right coverage options under your retirement plan because in some cases, you can actually outlive your income.

The last thing you’ll want to experience as a retiree is a loss of your financial resources. With an Annuity from Poteet & Poteet, you can ensure that your finances are covered – for a healthy and happy retirement. Annuities are essentially investments that guarantee a steady income stream. Based on your plan, you can receive money either on a set schedule or in a lump sum.

Types of Annuities

Poteet & Poteet can offer two types of Annuities: Deferred and Immediate Annuities.

Deferred Annuities are investments that you make either over a period of time or all at once. Since these Annuities are tax-deferred, you only have to start paying taxes upon withdrawal. Deferred Annuities are either fixed or variable, meaning your payout is either a fixed sum or an amount in accordance to the performance of the market/group of investments.

Immediate Annuities are payments that you can receive right after you make your investment. This type of Annuity is typically for those around the retirement age who want to secure their financial future. Like Deferred Annuities, you only pay taxes upon withdrawal.

Understand Your Investments

An annuity is a long-term, tax-deferred investment designed for retirement. With an annuity, you can create a fixed or variable stream of income. The annuity’s value and growth will vary based on how the investments you choose to fund the annuity (underlying investments) perform.

Just like other types of investments, an annuity has limitations. If you take your money out early, you may have to pay fees called surrender charges. You’ll have to pay income tax on the withdrawal, and if you’re not yet 59½ years old, you may also have to pay a 10% tax penalty. If you do take an early withdrawal, it will reduce both the death benefit your beneficiaries receive and the cash value of the annuity.

An annuity is sold by an insurance company, and the annuity’s guarantees and protections are subject to that company’s ability to pay for them. However, this doesn’t apply to the underlying investments. The underlying investments are subject to market risk, so you could end up with less money than you invested.

An annuity is sold by prospectus, a document that describes the annuity’s objectives, risks, fees and charges. The cost of an annuity often includes mortality and expense charges, administrative fees, contract fees and the expense of the underlying investments. There are prospectuses for the annuity and the underlying investments that fund the annuity. It may take some time, but you should read the prospectuses carefully before investing.

It’s important to discuss your options with a specialist at Poteet & Poteet who is committed to helping you make the right decisions.

Before investing, understand that annuities are not insured by the FDIC, NCUSIF or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of affiliates. Annuities that involve investment risk may lose value. Guarantees and protections are subject to the claims paying ability of the issuing insurance company.

Our Location

Poteet & Poteet

3675 Crestwood Pkwy, #270
Duluth, GA 30096
Main office: 678-929-5096

Our Providers

I have known Chuck Poteet for several years and have been his customer when he was at other firms. I was extremely happy when he told me that he was creating his own company. His level of understanding my business is unlike any other insurance professional I have known and done business. He is constantly looking for ways to help me manage risk and protect my profits.
Tom
“Five years ago I was looking for a new broker because my current broker wasn’t keeping pace with my rapid rate of growth. Chuck Poteet was referred to me by one of his clients, we met and immediately I knew he was abreast of the current risk scenarios I am faced with every day from my customers and employees. He designed a Property & Casualty and Healthcare proposal that are helping me maintain profits and valuable employees.”
Glen
“Earlier this year I was searching for a new health plan for my employees. I met Chuck Poteet and Gary Theriot at Poteet & Poteet, who were eager to answer my questions about group healthcare coverage, competitive plans and the future of healthcare in America. They did their research and came back with a proposal that fit my budget. Thank You Chuck and Gary!”
Teresa