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Associated Press
04-07-2025
- Business
- Associated Press
Fraser Allport Educates Retirees on Key Differences Between Annuities, 401(k)s, and IRAs
Fraser advises clients to take full advantage of pre-tax plans, especially those offering employer matches. ' All Knowledge comes from Experience. '— Albert Einstein DAYTONA BEACH SHORES, FL, UNITED STATES, July 4, 2025 / / -- Fraser Allport, a retirement and estate planning with over 43 years of independent experience, is committed to helping retirees and pre-retirees make informed decisions. In a continued effort to educate the public, Fraser highlights the core differences between annuities, 401(k)s, and IRAs—three powerful tools that can shape a comprehensive retirement strategy. 'With so many options available, it's critical for retirees to understand the features, benefits, and limitations of each vehicle,' says Allport. 'Retirement isn't one-size-fits-all. Every decision must be customized to the individual.' Annuities: Guaranteed Income for Life Annuities offer retirees the stability of a predictable and lifetime income stream. Fraser explains that annuities can be especially valuable for clients without a pension or for those concerned about outliving their savings. With tax-deferred growth and lifetime withdrawal benefits, annuities serve as a dependable foundation for covering essential expenses. 401(k)s: Employer-Sponsored Growth Fraser advises clients to take full advantage of pre-tax plans, especially those offering employer matches. These pre-tax or Roth contributions grow tax-deferred and can form a major part of retirement income. Required minimum distributions at age 73 and tax implications must be planned carefully. IRAs: Flexible Retirement Savings IRAs offer greater control for those without workplace retirement options. Whether traditional, Roth, or SEP, Fraser helps clients align their contributions with their tax planning strategy. With no RMDs for Roth IRAs and tax-deferred growth across all types, IRAs allow for powerful, flexible savings. Diversification is Key Fraser emphasizes the importance of diversification. 'Your retirement income strategy should include annuities for guaranteed income, 401(k)s and IRAs for growth, and other investments like bonds and Cash for flexibility,' he says. Through one-on-one consultations, Fraser empowers his clients to retire with confidence and clarity. As an Accredited Investment Fiduciary ®, Certified Estate Planner™, and National Social Security Advisor®, Fraser takes a holistic approach, ensuring that every financial decision fits within a broader life and legacy plan. About the Author Fraser Allport is the Owner of The Total Advisor, LLC, based in Daytona Beach, FL. Fraser is also an Accredited Investment Fiduciary®, Certified Estate Planner™, and National Social Security Advisor®, with 43 years of experience. He provides Retirement, Estate, Medicare, Social Security and Tax Planning services throughout Florida, and across the U.S. Fraser offers in-person, phone, or Zoom consultations, as well as pro-bono on-site educational workshops for schools, corporations, and community organizations. Fraser empowers his clients to retire with confidence. Please see : FRASER ALLPORT The Total Advisor, LLC +1 386-882-6256 email us here Visit us on social media: LinkedIn Facebook YouTube X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
23-06-2025
- Business
- Associated Press
Fraser Allport Announces: Annuities Gain Ground in Pension Plans as Retirees Seek Lifetime Income Security
Fraser Allport highlights why annuities are becoming a foundational strategy in retirement planning amid market volatility and longer life expectancy. 'All knowledge comes from Experience'— Albert Einstein DAYTONA BEACH SHORES, FL, UNITED STATES, June 23, 2025 / / -- As Americans live longer and face increasing market uncertainty, many retirees are turning to annuities to ensure predictable, lifetime income. With over 43 years of financial advisory experience, Fraser Allport outlines five key reasons why pension plans are incorporating annuities more frequently: 1. Providing Guaranteed Lifetime Income Annuities function similarly to pensions, offering consistent income throughout retirement. This structure helps address the common concern of outliving one's savings. 2. Managing Investment Risk and Market Volatility Products like Fixed Indexed Annuities offer protection of principal while still providing guaranteed lifetime income—regardless of market performance. 3. Offering Flexibility and Customization Annuities can be tailored through a variety of payout options, including joint-spousal income, period-certain payments, and deferral strategies for estate planning. 4. Delivering Tax Advantages Deferred annuities allow for tax-deferred growth, which helps extend the value of retirement assets and delay taxes until income is withdrawn. 5. Bridging the Retirement Income Gap For retirees whose Social Security and savings are insufficient, annuities can create a 'personal pension,' delivering guaranteed monthly income for life. 'Annuities are increasingly being added to pension strategies because they provide what many retirees want most—principal protection and guaranteed income for life,' says Allport. 'They essentially create a paycheck that lasts as long as you do.' To learn more or schedule a complimentary consultation with Fraser Allport, visit or book directly at About Fraser Allport Fraser Allport is the Owner of The Total Advisor, LLC, based in Daytona Beach, Florida. He is an Accredited Investment Fiduciary ®, Certified Estate Planner™, and National Social Security Advisor® with 43 years of experience. Fraser specializes in holistic financial services, including Retirement, Estate, Social Security, Medicare, and Tax Planning. He offers personal consultations via phone, Zoom, or in person and provides pro-bono educational workshops for organizations, schools, and businesses. FRASER ALLPORT The Total Advisor, LLC 386-882-6256 email us here Visit us on social media: LinkedIn Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
