When Is the Best Time to Buy an Annuity?

Most retirees buy annuities in their 50s or 60s when they want predictable income and protection from market risk. Deferred annuities work well earlier, while immediate annuities suit those ready to retire now.

Do I Have to Pay Taxes on Annuity Income in Florida?

Florida does not tax annuity withdrawals at the state level. Federal income taxes still apply to the earnings portion of your annuity distributions.

Can I Withdraw Money Early from an Annuity?

Yes, but early withdrawals can trigger surrender fees and tax penalties. Most annuities allow up to 10% to be withdrawn annually without penalty.

How Much Money Do I Need to Buy an Annuity?

Minimum investment amounts vary by provider and annuity type, but most start between $5,000 and $25,000.

Fraser's Blog | The Total Advisor

Fraser's Blog

The Role of Annuities in a Diversified Retirement Plan - by Fraser Allport, Fiduciary

Annuities play a key role in achieving financial security. Fraser Allport explains why annuities are a fundamental building-block in a...

Fraser Allport

14 minutes ago4 min read

How Annuities Integrate with Social Security and Medicare

Retirement Advisor Fraser Allport explains how annuities integrate with Social Security and Medicare to build a secure, tax-efficient retirement income strategy.

Fraser Allport

Apr 114 min read