Annuities

Customer Testimonials

I found Mark and his services very helpful. I never realized what I could do with what I have. He showed me how I can live more comfortably while protecting my money for when I need long term care. I enjoyed working with his team and felt good to have everything in place. I trust him, and I am not a very trusting person.

Cecilia - Easton, MA

I have been working with Mark for the past few months and the advice and assistance he has given me cannot be measured. As in everyone's life problems arise and he has been invaluable to me in helping solve them. His professionalism, his calm manner is outstanding. My stress level has dropped quite a bit since knowing Mark! He makes me feel cared for and cared about. To sum it up- To be specific Cardoza is terrific!

Fran - Milton, MA

An annuity is an insurance contract that offers a variety of pay out options based on the premium paid into the contract. Uniquely, annuities are the only financial vehicle that can offer a guaranteed income stream for life. Fixed annuities offer tax deferred growth and protection from market volatility while providing guaranteed growth.

Annuities are used for various reasons:

To transfer an asset into an income stream for life or for a certain period of time. This is called immediate annuity. It is often used in estate or Medicaid planning.
To guarantee downside protection (never lose principal or earned interest due to market downturns) with guaranteed rates and equity indexed growth. This is called deferred or deferred index annuities.
To offer income streams for life programs. Regular annuities work well for retirement planning.
Many deferred annuities offer income riders with guarantees for retirement income.