Annuities in New Jersey

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Income That Lasts—For Life & Beyond

When retirement arrives, annuities can provide a steady income stream you can’t outlive. At BEW Financial Solutions, we help individuals across North Jersey region choose and manage annuities that align with future goals and risk tolerance.

What Are Annuities & Why They Matter

An annuity is a financial product that transforms a lump sum or series of payments into guaranteed income. It’s designed to reduce longevity risk—so you don’t outlive your savings.

Types of Annuities We Help You Explore:

What Does Life Insurance Cover?

Life insurance is more than a payout—it’s a plan that ensures your family’s future stays on track, even if you’re no longer there to lead it. From mortgage protection to legacy planning, the right policy offers financial security and peace of mind.

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Types of Life Insurance We Offer:

Term Life Insurance

Affordable, time-limited protection designed to cover your family during key years—like raising children or paying off your home.

Whole Life Insurance

Lifelong coverage that builds cash value over time. A great option for estate planning, final expense coverage, or long-term savings.

Universal Life Insurance

Flexible protection that combines lifelong coverage with adjustable premiums and a savings component.

Final Expense Insurance

A simple, affordable way to ensure funeral costs and other end-of-life expenses are covered—so your family isn’t left with unexpected bills.

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Fixed Annuities

Pay a guaranteed rate over time

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Indexed Annuities

Return ties to market indexes (with floor protection)

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Variable Annuities

Investment performance influences returns

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Immediate Annuities

Begin payouts soon after purchase

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Deferred Annuities

Grow over time before income begins

Why Choose Annuities Through BEW

It’s especially important for:

  • We compare multiple carriers so you get competitive rates and transparent terms
  • We help you align annuity type to your retirement goals
  • Our local knowledge helps you navigate tax rules and New Jersey-specific implications
  • We provide ongoing reviews to adjust when life or markets change
FAQs

About Annuities in North Jersey

  • Are annuity payments taxable?

    It depends. Distributions from tax‑deferred annuities are taxed as ordinary income. (We guide you regionally.)

  • Can I access my principal early?

    Many contracts impose surrender charges if accessed early. We’ll help you choose flexible options.

  • Which type of annuity is right for me?

    That depends on your time horizon, risk tolerance, and income needs. We’ll model scenarios to decide.

  • Can I combine annuities with other retirement accounts?

    Yes. We help you integrate IRAs, 401(k)s, and annuities for optimal income and tax efficiency.

  • Is there a minimum purchase amount?

    Usually yes; many contracts have minimums—often $5,000+—but we’ll find options that match your starting point.

Let’s Design Your Lasting Income Strategy

We’ll help you choose and implement the right annuity so you can enjoy your retirement with confidence.