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Annuities in Venice FL & Sarasota FL

Keep Your Financial Resources Protected.

Ramey Insurance Agency understands the value of saving for and investing in your future. If you’re like many Americans, you work diligently each day and take the right steps to ensure that you’ll be supported with a comfortable income after you retire. That’s why it’s smart to have the right coverage options under your retirement plan because in some cases, you can actually outlive your income.

The last thing you’ll want to experience as a retiree is a loss of your financial resources. With an Annuity from Ramey Insurance Agency, you can ensure that your finances are covered – for a healthy and happy retirement. Annuities are essentially investments that guarantee a steady income stream. Based on your plan, you can receive money either on a set schedule or in a lump sum.

Types of Annuities

Ramey Insurance Agency can offer two types of Annuities: Deferred and Immediate Annuities.

Deferred Annuities are investments that you make either over a period of time or all at once. Since these Annuities are tax-deferred, you only have to start paying taxes upon withdrawal. Deferred Annuities are either fixed or variable, meaning your payout is either a fixed sum or an amount in accordance to the performance of the market/group of investments.

Immediate Annuities are payments that you can receive right after you make your investment. This type of Annuity is typically for those around the retirement age who want to secure their financial future. Like Deferred Annuities, you only pay taxes upon withdrawal.

Understand Your Investments

An annuity is a long-term, tax-deferred investment designed for retirement. With an annuity, you can create a fixed or variable stream of income. The annuity’s value and growth will vary based on how the investments you choose to fund the annuity (underlying investments) perform.

Just like other types of investments, an annuity has limitations. If you take your money out early, you may have to pay fees called surrender charges. You’ll have to pay income tax on the withdrawal, and if you’re not yet 59½ years old, you may also have to pay a 10% tax penalty. If you do take an early withdrawal, it will reduce both the death benefit your beneficiaries receive and the cash value of the annuity.

An annuity is sold by an insurance company, and the annuity’s guarantees and protections are subject to that company’s ability to pay for them. However, this doesn’t apply to the underlying investments. The underlying investments are subject to market risk, so you could end up with less money than you invested.

An annuity is sold by prospectus, a document that describes the annuity’s objectives, risks, fees and charges. The cost of an annuity often includes mortality and expense charges, administrative fees, contract fees and the expense of the underlying investments. There are prospectuses for the annuity and the underlying investments that fund the annuity. It may take some time, but you should read the prospectuses carefully before investing.

It’s important to discuss your options with a specialist at Ramey Insurance Agency who is committed to helping you make the right decisions.

Before investing, understand that annuities are not insured by the FDIC, NCUSIF or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of affiliates. Annuities that involve investment risk may lose value. Guarantees and protections are subject to the claims paying ability of the issuing insurance company.

Our Location

Ramey Insurance Agency

4130 Woodmere Park Blvd #9
Venice, FL 34293
Main office: 941-497-2468
Fax: 941-493-5775

Our Providers

Testimonials

Working with Christine at the Ramey Agency has been a great experience. We have a retirement/rental property and it's not always easy to maneuver insurance/coverage matters from out of state. We only wish they had an agency in NJ!
Traci H.
Michelle and Shannon worked so hard, after I was involved in a car accident, and fought the at fault's insurance. They went above and beyond. They made a VERY stressful situation basically disappear. They handled everything for me. When they say "Nationwide is on your side" it is 100% true.
Adrianna L.
I have known Terri and the agents at Ramey Insurance for many years. They have a very dedicated staff that is invested in giving the best service to their clients. They have a very friendly and professional atmosphere in their office that makes customers feel welcome. The staff takes the time to get to know their clients so that they can provide the appropriate coverage at a competitive price. I highly recommend Ramey Insurance.
Tara V.
I have worked with Danielle & Shannon at Ramey Insurance as well as Terri, the owner. All of them have displayed a high level of professionalism and knowledge in the field of insurance. What a great agency to work with!
Lisa S.
I have known the Ramey Agency for years and have nothing but cudos for how they operate their business! Friendly, courteous, knowledgeable, and prompt. If that is what you are looking for in an agency to do business with, look no further! You have found it here!
Ms. Peterson
I have been with Ramey Ins since our move to Florida almost 15 yrs ago and have always been impressed with their ethics and knowledge. I have also recommended them to my friend and neighbors who have joined the Ramey team, not sure where one star man is coming from.
Doris D.