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 Most annuities allow up to 10% to be withdrawn annually without penalty.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 earns the National Social Security Advisor ® Certification

Fraser Allport
May 23
3 min read

Fraser Alport, Fiduciary, has expertise in Social Security.

All Knowledge comes from Experience ”

— Albert Einstein

DAYTONA BEACH SHORES, FL, UNITED STATES, May 21, 2025 /EINPresswire.com / --

Fraser Allport has achieved the respected NationalSocial SecurityAdvisor Certificate from the National Social Security Association in Washington, D.C.

The NSSA program is the gold standard in the Nation in Social Security training and certification.

Fraser Allport,Fiduciary. is qualified to help Retirees understand and maximize their Social Security Benefits.

Fraser Allport is an Accredited Investment Fiduciary®and Certified Estate Planner ™ with 43 Years of Experience, serving all of Florida. Fraser specializes in Retirement and Estate Planning, Medicare, Social Security, and Income Taxes.

There are 76 million Baby Boomers nationwide. Boomers are people born between 1946 and 1964. Serving Boomers requires knowing Social Security.

10,000 Baby Boomers turn 65 each day in the United States. Fraser Allport believes that Fiduciaries must be trained and informed regarding Social Security.

Many Advisors claim to do Retirement Planning, but are not trained and versed in the intricacies of Social Security. One of Fraser's core specialties is Social Security. To do modern Retirement Planning in 2025 ... an Advisor must be knowledgeable in Social Security.

The NSSA Certificate promotes advanced Social Security training, and requisite continuing education. This Social Security expertise gives Fraser Allport the knowledge to counsel people on the best way to claim their maximum Social Security benefits.

The Social Security Administration started in 1935, and has of thousands of pages of Rules. Moreover, the rules are different, depending on a person's specific situation. There are Retirement benefits vs. Spousal and Survivor benefits. There are different rules for those who are Divorced too.

Social Security also has complex rules for Family and Children's benefits, Social Security Disability, and Supplemental Social Security. Social Security is complicated. Fraser can help a person make sense of it all.

Understanding the complexities of various Social Security Claiming Strategies is challenging for the average person. It is no wonder that many people and Families do not receive the full amount of Social Security that they are legally entitled to.

Every year, the Social Security Administration runs an audit of itself. Invariably, SSA finds that there are large amounts of unclaimed benefits that people were legally entitled to ... if they only knew the Rules and their Rights.

For a Q&A about Social Security, schedule a Complimentary Consultation with Fraser Allport at www.calendly.com/fiduciaryadvisor

About the Author :

See Fraser Allport's comprehensive Suite of Services at www.fraserallport.com.

With 43 Years in Business ... Fraser is a Trusted Authority.

Fraser is The Advisor that a person keeps for Life.

Work with an Accredited Investment Fiduciary®: Fraser Allport

Don’t settle for less.

Fraser Allport offers a no obligation Complimentary Consultation to help people analyze their optimum Social Security claiming strategies at :https://www.calendly.com/fiduciaryadvisor

Fraser offers Phone, Zoom or In-Person consults. Fraser also does Onsite Educational Workshops at a School, Facility, HOA, Senior Center or Club.

Fraser serves all of Florida, and can work in all 50 States. Fraser has been in Business for 43 Years.

Experience Matters.

“ All Knowledge comes from Experience. ” - Albert Einstein

Read Fraser's Google Client Reviews at :

https://www.google.com/search?client=firefox-b-1-d&q=Fraser+Allport#lrd=0x88de6054f6da76b7:0xe1bfd223d960bf29,1,,,%60

Fraser Allport is a National Social Security Advisor.®

https://www.nssapros.com/advisors?Fraser--Florida_140

Fraser is an Accredited Investment Fiduciary®

https://www.fi360.com/

Fraser is a Certified Estate Planner ™

https://nicep.org/profile/fraser-allport-id-908