Do
you own a deferred annuity but feel the current interest rate you
are receiving on your annuity is too low?
If you do, you are not alone.
The Annuity Exchange Program offers you the opportunity to
compare your current annuity contract against other annuities which
offer substantially better returns.
Did you know there are deferred annuities available by A+ rated
carriers that offer guaranteed rates as high as 6.05% and
guarantee that rate for 10 years!
Is your annuity performing this well?
There is no obligation. Call now for a FREE comparison and find
out how your annuity can work harder for you.
Call us at 1-800-752-0150 to speak with a licensed insurance
agent and compare your current annuity against some of the strongest
annuities available today. You may also e-mail us at info@ardavisagency.com.
The Anthony R. Davis Agency offers both SPDA's (Single Premium
Deferred Annuities) as well as Variable Annuities. However we cater
our product offerings to the customer who is most interested in
receiving a competitive return on his investment while protecting
his investment against market risk.
To meet this goal we specialize in offering a wide array of
SPDA's (Single Premium Deferred Annuities). SPDA's allow you to earn
a competitive tax deferred return while eliminating stock market
risk.
What Is a SPDA?
SPDA stands for Single Premium Deferred Annuity and is issued by
an insurance company. A SPDA allows you to deposit a Single Premium
into the Annuity and thereby defer taxation until you actually
withdraw funds. Most SPDA's sold through our agency provide
guaranteed return of principal at all times.
-SPDA's invest all your money into the annuity's General
Account. This account invests in relatively conservative investments
such as bonds (government and Corporate), mortgages, commercial
papers, bankers acceptances, certificates of deposit.
How Do Variable Annuities Differ From SPDA's?
-Variable Annuities
have the potential
of higher returns than other types of annuities, i.e. SPDA's, but
assume greater risk to the contract owner. Deposits into a Variable
Annuity can be directed to a variety of mutual fund investments
which include, stock, bond and money market accounts. Premium
dollars, less a specified amount of expenses, are used to purchase
"units of credit" in the special variable annuity account.
The number of credits purchased depends on the current valuation
of a unit in terms of dollars. The current investment amount buys
units according to the unit value. If the unit value is low more
units can be purchased, if the unit value is high less units can be
purchased with the same dollar. This unit purchasing continues until
the "maturity" of the contract. When the contract matures,
the insurer credits the contract owner's total number of units to a
retirement fund. This Annuity does not promise to pay a fixed number
of dollars but a fixed number of annuity units. If the special
account is invested poorly or in under performing investments, the
annuitant could receive fewer dollars of income. On the other hand,
if the special account invests wisely or the account performs well
the dollars of income could be greater.
1-800-752-0150
Anthony R. Davis Agency
200 E. Grove Street, P.O. Box P
Westfield, New Jersey 07091-0914
Phone (908) 233-8040 • Fax (908) 233-6414
E-mail: info@ardavisagency.com
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2001 Anthony R. Davis Agency. All
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