900 East Paris Avenue, Suite 100, Grand Rapids, MI 49546 | 616.559.45551131 West Superior Street, Wayland, MI 49348 | 269.792.0362Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC).
Insurance products are offered through LPL or its licensed affiliates. United Bank Bank and United Wealth Management are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name United Wealth Management, and may also be employees of United Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of United Bank or United Wealth Management. The United Wealth Management site is designed for U.S. residents only. The services offered within this site are offered exclusively through our U.S. registered representatives. LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, AR, CA, CO, FL, GA, IL, IN, ME, MI, MO, OH, OR, VA, and WA. Securities and insurance offered through LPL or its affiliates are:
The role of annuities in your plan
Annuities provide periodic payments for a specific amount of time, possibly for the rest of your life or the life of your spouse or another person. If you die before receiving payments, your beneficiary receives a specific payment. You don’t pay taxes on the income and investment gains from your annuity until you withdraw the money.
Are annuities for you?
People often go the annuity route to ensure a steady flow of income in retirement. There are several types to choose from. A fixed annuity promises you a minimum rate of interest and a fixed amount of periodic payments. A variable annuity allows you to direct your annuity payments to different investment options. Payout amounts vary. Indexed annuities combine features of securities and insurance products.
Immediate annuities are often purchased by people of any age who have received a large lump sum of money and want to swap it for cash flow into the future.
Why United Wealth Management
We’ll share with you the various situations in which annuities make for an appropriate investment choice.
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply. Variable annuities are subject to market risk and may lose value.
Real Solutions for Real Life
Preparing for initial meeting
Gather financial statements and start a list of your current and future financial goals.
As your wealth management partner, we’re united in our mission to help you pursue your financial goals.
Education and tools
A few simple resources, like market information and calculators, can make managing your money so much easier.