Make Smarter Choices With Your Money
Registration with the SEC or state does not constitute an endorsement of the firm by regulators, nor does it indicate that the adviser has attained a particular level of skill or ability. This content is for informational purposes only and does not intend to make an offer or solicitation for sale or purchase of any securities. Investing involves risk, including the potential loss of principal. No investment strategy, such as asset allocation or diversification, can guarantee a profit or protect against loss in periods of declining values. All investment strategies involve risk and have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals, and economic conditions may materially affect the performance of your portfolio. There are no assurances that a portfolio will match or outperform any particular benchmark.
Links and references to other websites and third-party content providers are offered for your convenience. We do not necessarily prepare, monitor, review or update the information provided by third parties. We make no representation or warranty with respect to the completeness, timeliness, suitability, or reliability of the referenced content.
An Annuity is a long-term financial product designed largely for asset accumulation and retirement needs. Annuities generally contain fees and charges which include, but are not limited to, surrender charges, administrative fees and for optional contract riders and benefits. Withdrawals and death benefits are subject to income tax. If withdrawals and other distributions are received prior to age 59 ½, a 10% penalty may apply. Annuities typically carry surrender charges for several years that may be assessed against withdrawals. Certain Annuity product features, offered by some Annuity companies, such as stepped-up death benefit, a bonus credit and a guaranteed minimum income benefit, carry added fees. If you are investing in an Annuity through a tax-advantaged plan such as an IRA, you will get no added tax advantage. Under these circumstances, you should only consider buying an Annuity if it makes sense because of the Annuity’s other features, such as lifetime income payments and death benefit protection. All guarantees of an Annuity are backed by the claims-paying ability of the issuing insurer.
© 2019-2020 Mayes Financial Planners | All rights reserved www.mayesfinancial.net
While tax and legal and estate issues may be discussed in the general course of financial and investment planning Mayes Financial does not provide tax or legal advice. Please consult with your tax or legal professional prior to making decisions relative to these issues. Investment advisor representative, Investment advisory services and financial planning services offered through Planners Alliance, LLC, a SEC Registered Investment Advisor. Insurance, Consulting and Education services offered through Mayes Financial. Mayes Financial is a separate and unaffiliated entity from Planners Alliance, LLC and Advisory Alpha, LLC. Investment Adviser Public Disclosure