Annuities

Customer Testimonials

Mark goes out of his way to service his clients. I was introduced to him 6 years ago. He helped me organize my assets so that I could live comfortably after my husband passed away. He visits me and checks in with me from time to time. It's nice knowing that I can call him if I need help making decisions. He is honest, trustworthy and welcomed in my home anytime.

Gloria - Brewster, 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.