Other Services

Annuities


Annuities are a part of a solid retirement plan to provide lifetime income that not only accounts for traditional life expectancy, but beyond.

By definition, an annuity is a long-term savings plan that can be used to accumulate assets on a tax-deferred basis for retirement and/or to convert retirement assets into a stream of income.

There are several different types of annuities and annuities are classified in several different ways, including:

· When annuity payments begin

· How premiums are paid

· How annuity premiums are invested

Social Security Planning


One of the key components of a successful retirement plan is applying for Social Security Benefits in a manner that most benefits you. With Social Security Benefits averaging 40% or more of most retirement incomes, this decision needs to be made carefully. Errors in Social Security Planning can cost you a substantial amount of money over your lifetime. This is why FDP has developed a Social Security Planning Process for our clients as part of our overall Legacy Plan to assist you in exploring all your options.

Medicare Planning


One of the key medical decisions we make in our lives is which type of Medicare plan best meets our needs and budget. With over 40 options and a 162 page Government Medicare handbook, it is easy to get confused and bogged down in the details. The fact that we see so much advertising every fall at Medicare open enrollment time is evidence that far too many people do not get this right. This is why FDP has developed a Medicare Plan Procedure for our clients as part of our overall Legacy planning process.

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