Our Annuities Department

At its most basic level, an annuity is a contract between an individual and an insurance company that shifts a portion of risk away from the individual and onto the company.

There are 2 basic types of annuities:

Income annuities can offer a payout for life or a set period of time in return for a lump-sum investment. They can also be a boost to the conservative part of your portfolio by delivering contractually agreed upon payments in increments that can be monthly, quarterly, or even yearly.

Deferred annuities can allow you to accumulate tax-deferred savings while providing the option to create lifetime income in the future. Deferred annuities provide the opportunity to grow savings tax-deferred, which allows earnings to compound over time.

Generally speaking, there are 2 ways to access your assets, each with its own tax implications. You can take withdrawals, which are taxed as gains first and then return of principal once gains are depleted. Or you can convert your savings into income and spread out the tax burden over the payments.

FAQ section

Annuities Q&A

Is there someone I can just talk to about a quote?
Yes! Kaden Neves, Annuity Sales Manager at NFG Brokerage is a wealth of knowledge and is standing by to help you with any Annuity needs you may have. Phone - 801-568-2626 Email - kaden@nfgbrokerage.com
How do I get a quote?
You bet! Kaden Neves, Annuity Sales Manager at NFG Brokerage is happy to help you out with quotes and case design. Phone - 801-568-2626 Email - kaden@nfgbrokerage.com

All Business/Quotes/


Kaden Neves

Phone: 801-568-2626



Lexie Springer

Phone: 801-428-1524

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