Annuities in Ocala FL & Belleview FL

Keep Your Financial Resources Protected.

Bird Insurance Agency LLC 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 Bird Insurance Agency LLC, 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

Bird Insurance Agency LLC 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 Bird Insurance Agency LLC 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 Locations

Bird Insurance Agency LLC

516 SE 17th St
Ocala, FL 34471
Main office: 352-643-5898
Fax: 352-622-5854

Callum and Bird Insurance

3306 SW 26th Ave #401
Ocala, FL 34471
Main office: 352-643-5899
Fax: 352-873-8737

Our Providers

Testimonials

We have trusted Bird Insurance for over 15 years with many of our personal and business insurance policies. Based on our instructions and requests, we find them to be fair and accurate in gathering information, presenting their findings, and offering their insights. We feel confident in making decisions that meet our needs based on their professional, detailed approach. We rely on them to secure the best coverages at the best premiums.

James Gangelhoff, G Tee & Tru Hone Corp
During a routine visit regarding our business insurance with Steve Bird, we happened to mention that we were cashing in an old life policy and purchasing new coverage through another agent. Though Steve's questions and insight, we realized these changes were not accomplishing what we needed. Bird Insurance Agency helped us to correct this error and achieve our goals. We value and appreciate their help and professionalism.

Michael & Linda Mikulak
My wife and I tried to save money by shopping for life insurance on the internet. We were unhappy and frustrated it was very impersonal and confusing. Bird Insurance Agency walked us through the whole process, answered our questions, and expedited the whole process. Because our local agent knows us and acted as our advocate, we ended up saving money, time, and aggravation!

Jon Tyler
Steve Bird had insured our home, auto and business for many years. When we needed life insurance, and inquired on disability, they shopped many companies to secure quotes and coverages to meet our needs at the best price. They are good at explaining things well so we can make the best decisions possible. When it comes to insurance, Bird Insurance Agency is our agency. We trust them to be our advocate.

Tom & Suzette Huggins/Ocala Irrigation