CALL US:
614.764.8505

Annuities in Columbus OH & Dublin OH

Keep Your Financial Resources Protected.

Risk Management Financial Solutions of Ohio 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 Risk Management Financial Solutions of Ohio, 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

Risk Management Financial Solutions of Ohio 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 Risk Management Financial Solutions of Ohio 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

Office

5860 Venture Drive Ste A
Dublin, OH 43017
Main office: 614-764-8505

Our Providers

"On behalf of our leadership team, I want to thank you and the members of the RMFS team for your involvement, dedication, and shared passion for service excellence. You have supported us well and that has increased our effectiveness in achieving our mission to improve the health of those we serve."
Leading Healthcare Provider
"Dick and I communicate almost daily. We are both busy, but he never fails to return calls and e-mails whether they come from me or my admin assistant. Dick always returns these calls ASAP but at a minimum, within a 24-hr. period. He even handled a request for me when he was on vacation out of town. I use Dick to provide the insurance policies for my contracting business, my rental properties, my home, and my bonds. Dick has put together these packages using 5 different insurance companies."
Matthew Egner of Egner Construction
"I consistently consult Dick on any question regarding insurance. If he happens to be unavailable, he returns my phone calls in a timely manner and provides clear concise answers. Most recently, he counseled me regarding the handling of a claim which could have voided my insurance coverage. I sure didn’t want to do that. That kind of knowledge and service is exactly why I have my business, home, life, and employee benefits with Dick and RMFS of Ohio."
Brad Rose of Contractors Siding Outlet
"Completion at last. I picked up my car from the dealership. Repairs were completed and covered by the other party’s insurance. I would not have had this quick and successful solution if you had not acted as my intermediary with the other party and their agency. To say that I am grateful cannot really convey my feelings. Thank you again for all your help and forbearance. It is really good to have a local agent."
A Grateful Client
"As a business owner, I must concentrate on bringing in income. Also, I must have confidence in my service providers and vendors. Dick has consistently communicated with me and always in a timely manner taken care of any of my requests. I recommended Dick to my friend and business associate Everitt. Dick has provided him with the same high quality service, I have received. Dick has shown that he is interested in nurturing and sustaining our business relationship."
Mitch Capperes of Buckeye Protection