An annuity is an insurance product (investment contract with an insurer) designed to pay you an income over a period of time, of which payments can be deferred or immediate. They can help you grow your savings, inheritance, and retirement portfolio. In fact, they often provide you with retirement income that you cannot outlive.
Annuities are complex with an array of product choices, such as fixed or indexed. We recommend you contact one of our experienced agents to discuss possible benefits, risks, and costs.
Group Retirement Plans
The O’Connor Agency provides comprehensive plan design and administration for both qualified and non-qualified retirement programs, including all types of profit sharing, defined contribution and defined benefit plans such as:
- Money Purchase
- SEP Plans
- Other retirement plans based on your needs
Because no one plan fits all businesses, we will help you explore the options that best fit you and your employee’s needs, now and as they may change over time.