Everett Annuities                                                       877-220-5535

Whether you choose and Immediate Annuity or a Deferred Annuity, an annuity is a type of investment that can help make sure you do not out live your money. An annuity acts like a pension and guarantees income to you for a certain time period, such as until your you or your spouse die or predetermined fixed number of years. You either pay an insurance company a lump sum, or make contributions for a period, and then receive a guaranteed monthly payout stream until the death of you or your spouse, or until the end of the contract. Annuities are a relatively safe investment and help prevent market risk by guaranteeing income.

Immediate Annuity (Income Annuity or Single Premium Annuity)

An immediate annuity begins with a single payment by the purchaser (annuitant) and the regular monthly payments usually start right away, or within 30 days. Monthly payments continue until you or your spouse's death, or the length of the contract. Usually once an immediate annuity contract has begun, it cannot be changed.

Deferred Annuity

A deferred annuity has two phases, a savings phase and a payment phase. During the saving phase your earnings are not taxed, allowing the principal and interest to grow tax free until distribution. During the distribution phase the income can come in the form of lump sum payment, until your death, or a set-amount of time depending on your contract.

Annuities from Cascadia Agency

First we listen, then we explain Annuity choices in clear, easy-to-understand language. Each client has unique needs, so we provide insight on solutions that fit your needs. We are a local insurance agency whose business has been built by referrals of our long-time satisfied neighbors who have counted on us for many years to protect their home, auto, family, and more. We look forward to meeting you and providing you with a remarkable experience you will then want to share with others.