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 Most annuities allow up to 10% to be withdrawn annually without penalty.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

Fraser Allport earns the National Social Security Advisor ® Certification

Fraser Alport, Fiduciary, has expertise in Social Security. All Knowledge comes from Experience ” — Albert Einstein DAYTONA BEACH SHORES,...

Fraser Allport

May 233 min read

Fraser Allport, Fiduciary, releases his Special Report: 'Retirement Planning is now Longevity Planning'

Plan for living to 100. Fraser Allport shares how annuities and smart strategies can help your money last a lifetime.

Fraser Allport

May 163 min read

Fraser Allport achieves the prestigious Accredited Investment Fiduciary ® designation

Fraser Allport of Daytona Beach Shores, FL, a financial professional with over 43 years of experience, has earned the prestigious Accredited Investment Fiduciary® (AIF®) designation. This achievement reflects his commitment to ethical, client-first financial planning and comprehensive retirement strategies.

Fraser Allport

May 82 min read

The Role of Annuities in a Diversified Retirement Plan

By: Fraser Allport Annuities play a key role in achieving financial security. Fraser Allport explains why annuities are a fundamental...

Fraser Allport

Apr 264 min read