Mutual of Alabama Annuity Products
Plan for Your Future Today!
Mutual of Alabama helps their customers realize their hopes for the future by matching their current financial situation with a variety of annuity products to diversify their estate and grow their financial security. Mutual of Alabama offers the best annuity products available at competitive rates so you can get the best return on your investment. Mutual of Alabama is here to help you figure out what annuity products will provide the amount of money you will need to maintain and even increase your lifestyle should you retire. The investments you make through Mutual of Alabama today could eventually provide you with financial flexibility so you can do what you want to do when you want to do it.
Proper Investing Can Make Your Dreams A Reality.
Annuities are not complicated when you work with Mutual of Alabama! Fixed annuities, variable annuities, and combinations of both are great investment tools you and your family can benefit from! Whether you want to own a vacation home, finance your grandchildren's college education, or travel the world, the right annuity products can help you reach your goals.
Get explanations on Mutual of Alabama's Annuity Products using the menu to the right!
What is an Annuity?
An annuity is a contract between you and Mutual of Alabama, under which you make a lump-sum payment or series of payments. In return, Mutual of Alabama agrees to make periodic payments to you beginning immediately or at some future date. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a guaranteed minimum amount, such as your total purchase payments.
Types of Annuities
Fixed Annuities
In a fixed annuity, Mutual of Alabama guarantees that you will earn a minimum rate of interest during the time that your account is growing. Mutual of Alabama also guarantees that the periodic payments will be a guaranteed amount per dollar in your account. These periodic payments may last for a definite period, such as 20 years, or an indefinite period, such as your lifetime or the lifetime of you and your spouse.
Variable Annuities
With variable annuities you can choose to invest your purchase payments from among a range of different investment options. The rate of return on your purchase payments, and the amount of the periodic payments you will eventually receive, will vary depending on the performance of the investment options you have selected.
Contact Mutual of Alabama to schedule your insurance and annuities consultation today.
Call us at (205) 240-4726 or Contact Us here!