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Over the last 30 years Tony D’Amato has had an extensive financial background. He started his financial career in 1993 as a stockbroker and quickly moved into corporate commodities trade. After he left the brokerage world in 1999, he went into the mortgage industry. He started working for a friend of his that had an office in Las Vegas, NV. He worked his way up and built a team into a very lucrative thriving business. The business closed in 2010 due to the crash in the industry, so he was forced to move on. Tony has been involved in team building, building companies, leadership training, and focusing on what's right for the client, that is his only concern. Tony has a motto that he lives by “Greed exceeds good judgment”! Tony has also held the real estate license in the state of Arizona since 2012. He has worked with a few different companies in the real estate industry. REMAX, Russ Lyon Sotheby’s after that. Every company that he worked for in the real estate Industry he ran a team of agents. He helped build and manage Clayton Nash Real Estate. That company was sold off in 2019 and Tony remained on as an active agent until 2022. In 2018 Tony decided to get his insurance license and pursue that career along with real estate. In 2019 he transitioned out of Real Estate and back into the financial services industry full time. Over the last eight years he has gained extensive knowledge about advanced markets, business to business development, as well as 401K rollovers and distributions. He currently specializes in a wide array of programs that help business owners garner a better tax liability in order to help them, as well as their employees. He has always been a family man. He has an incredible family and is very blessed and grateful. Tony's mindset is one of long-term growth and income, asset protection and estate planning, along with building a legacy for families that will help them survive for generations after retiring. We're in the business of ensuring that you never run out of money after you retire. We want to make sure that you leave a legacy for your kids and your grandkids for many years to come.
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Prepare for the callWhat is an annuity?
What type of annuity is right for you?
The type of annuity that's right for you will depend on your personal goals, objectives, and risk tolerance.
Multi-Year Guaranteed Annuities
A multi-year guaranteed annuity, or MYGA, offers a predetermined and contractually guaranteed interest rate for a fixed period of time.
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Less market risk exposure
Since a MYGA offers a guaranteed interest rate for the entire contracted term, it may appeal to those who prefer predictability over market fluctuations. All guarantees are backed by the issuing insurance company’s claims-paying ability.
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Flexibility and liquidity
The ability to take partial withdrawals each year without a penalty provides flexibility. For example, if you need money to cover a large medical bill, you could withdraw it from your MYGA, which might be a better option than taking money from an IRA or getting a 401(k) loan.
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Traditional Fixed Annuities
Fixed annuities are insurance contracts that pay a guaranteed rate of interest on the account owner's contributions.
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Predictable credited interest rates
The rates on fixed annuities are derived from the insurer’s general account, which is typically composed of high-quality bonds and other conservative holdings.
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Guaranteed minimum rates
Once the initial guarantee period in the contract expires, the insurer can adjust the rate based on a stated formula or on the yield it is earning on its general account. As a measure of protection against declining interest rates, fixed annuity contracts typically include a minimum rate guarantee.
Fixed Index Annuities
A form of fixed annuity that earns interest due to changes in a market index. Rather than using an interest rate as a benchmark, it uses a stock market index to determine growth.
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Full protection of principal
FIAs are protected from the volatility of the markets. Money is never invested in the stock market. Your credit strategy tracks the stock market, but you do not own assets that can lose value.
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Can potentially provide better rates than CDs
From 1999 to 2020, many fixed index annuities outperformed the indexes they were correlated with. However, while this happens from time to time, they are not designed to outperform the stock market.
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An efficient way to plan for future income needs
Once you annuitize with a lifetime payout option or turn on the income rider payouts, you cannot outlive that income stream.
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How annuities help you retire
Annuities can help ensure a retirement strategy and income that lasts as long as you do, which is likely to be a very long time.
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A Certain Level Of Guarantee
You know what your rate of return will be for a certain period of time with fixed annuities. For seniors looking for a predictable income stream, that may be a better alternative than putting money into equities.
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Predictable Income For Life
Income riders may be an effective vehicle for lasting financial security. When paired with the right annuity, an income rider can provide a steady income stream for the rest of your life.
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Tax-Deferred Growth
In general, during the accumulation phase of an annuity contract, your earnings grow tax-deferred. You pay taxes only when you start taking withdrawals from the annuity.
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Death Benefits For Heirs
The owner can designate a beneficiary to inherit the remaining annuity payments after death. After an annuitant dies, insurance companies distribute any remaining payments to beneficiaries.
Top 3 Retirement Mistakes Most People With $250k+ Make
This FREE PDF Download reveals the top 3 retirement mistakes many people who have saved up to $250,000 or more make. These mistakes cost them over 30% of their nest egg at retirement. To get your free copy, enter your name and email address below.
— Anthony D'Amato,
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