A Path To A Brighter Future

To build a solid foundation to a secure future you must have an understanding of your financial goals in retirement. These goals are specific to YOU. Ascend Bright Financial helps you secure what you have saved for retirement and ensure it lasts for your lifetime.

 
 
 

Annuities

Annuities can protect your retirement savings while giving continuous flow of income. Their purpose is to ensure what has been saved for retirement will serve as intended and last a lifetime.

 

Our Point of View

First and foremost, you should know that at Ascend Bright, we highly recommend Fixed Index Annuities (FIA’s). This is because it’s a product we can truly put our name behind, and we know it’s often a great option for ...

 

Life Insurance

Protecting our clients and their families while also building wealth in the process is our goal. We structure policies ensuring you have access to their living benefits while also providing for your heirs in the future.

 
 

Annuities

You’ve probably already developed an opinion about annuities before you landed here, and if that opinion is negative, you wouldn’t be completely wrong in that thinking. Here’s the thing, annuities have gotten a bad reputation because variable annuities with high fees have been oversold to consumers by sales agents that didn’t keep their client’s best interest in mind (for high commissions) – and word got around. Like other insurance products, there are a variety of types of annuities, including Fixed Index Annuities which can actually be a great choice for someone already in retirement, or someone preparing for retirement.

Here are a few reasons why we believe Fixed Index Annuities are a good investment:

  • Unlike 401(k)s and IRAs, there are NO limits on contributions, so if you max out your other contributions you should consider putting money into an FIA.

  • FIAs offer principal protection.

  • FIAs typically pay lower commissions to agents and advisors than Variable Annuities, and clients usually pay no fees.

  • Rates are usually higher than a CD.

  • Annuities are tax-deferred, much like a 401(k).

  • Annuities create income during retirement and lifetime annuity guarantees pay out for the remainder of your life – even if you live much longer than expected!

  • Certain annuities can be left to beneficiaries without going through probate.

Here are a few reasons you may want to consider options other than annuities:

  • If you wish to access your money before the term ends, penalties can be steep, but this isn’t much different than other retirement investments including 401(k)s and IRAs.

  • You don’t need guaranteed income during retirement (very few of us qualify for this!).

  • After putting in your due diligence, you just don’t feel right about it.

Our Point of View

First and foremost, you should know that at Ascend Bright, we highly recommend Fixed Index Annuities (FIA’s). This is because it’s a product we can truly put our name behind, and we know it’s often a great option for retirement income. The FIA’s we offer protect your principal fully – meaning, your initial investment will never be lost. Since our goal is to educate you about how our products can benefit your retirement planning, we’ll always provide you with complete proposals that will allow you to weigh your options (worst and best-case scenarios).

Rarely, a Variable Annuity can be a good product for a client and in that situation, we can refer you to a number of Advisors we trust, or you can search for an Advisor who offers them.

Probably the best advice we can give any client is to do their due diligence when researching retirement planning options, and part of our service is to help you with this.

Life Insurance

Protecting our clients and their families while also building wealth in the process is our goal. We structure policies ensuring you have access to their living benefits while also providing for your heirs in the future.