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 Most annuities allow up to 10% to be withdrawn annually without penalty.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 Allport achieves the prestigious Accredited Investment Fiduciary ® designation

Fraser Allport
May 8
2 min read

Daytona Beach Shores, FL | May 7, 2025

Fraser Allport, an experienced financial professional and educator, is proud to announce that he has earned the prestigious Accredited Investment Fiduciary® (AIF®) designation.

This accomplishment sets Fraser apart in a highly competitive industry, further demonstrating his commitment to placing Clients' best interests first — always.

What Is an Accredited Investment Fiduciary®?

The AIF® designation is awarded to financial professionals who demonstrate expertise in fiduciary responsibility — meaning they are legally and ethically committed to acting in the best interests of their Clients.

Fiduciary duty consists of two main principles:

Loyalty – Acting solely in the Client’s best interest without conflicts of interest
Care – Exercising diligence, prudence, and good faith in financial decisions

What Makes an AIF® Designee Different?

💠 Experience – Designees must meet strict industry and education requirements

💠 Education – Completion of specialized training in Prudent Practices®

💠 Competence – Must pass a rigorous exam on fiduciary standards

💠 Ethics – Bound by a code of ethics and professional conduct

💠 Continuing Education – Required to stay current with annual updates

“All knowledge comes from experience.” — Albert Einstein

Fraser believes that a good Fiduciary is also a good Teacher — providing comprehensive, concierge-level support to every Client.

About the Accrediting Bodies

The AIF® designation is granted by Fi360, a Broadridge Financial Solutions subsidiary.Fi360 is accredited by the ANSI National Accreditation Board, making the AIF® credential one of the few independently verified designations in the financial services industry.

Learn more: fi360.comMore on Broadridge: broadridge.com

About Fraser Allport

Fraser Allport is the founder of The Total Advisor, LLC, an independent financial firm based in Daytona Beach, Florida.

He specializes in:

Retirement Planning
Social Security & Medicare
Estate Planning & Long-Term Care
Florida DROP, FERS & TSP
401(k), 403(b), and 457 Plans
Traditional & ROTH IRAs
Income Tax Strategies & Longevity Planning

With 43 years of experience, Fraser delivers a holistic approach called Total Money Planning, helping both individuals and business owners build integrated financial strategies.

Why Work with Fraser?

Fraser is fully independent — meaning he works only for his Clients, not a company or brokerage.He builds personalized “Life Plans” to help people retire with confidence and peace of mind.

As a Certified Estate Planner™, Fraser also assists with: