Fixed/Variable Annuities

Annuities are popular for those needing tax deferral and/or income.  They provide means for funds to be accumulated tax deferred before retirement and then provide a source of income after retirement.  A 10% IRS penalty may apply to withdrawals prior to age 59½.

Fixed Annuities have a specified rate of income guaranteed (based on the claims paying ability of the issuer) by an insurance company for a specific period of time and therefore involve less risk than some other types of investing.

Variable Annuities provide an investment opportunity that combines tax-deferral with the benefits of investment funds.  The investor chooses from a selection of managed investment portfolios consisting of stocks, bonds, global investments and guaranteed fixed rate accounts.

Variable annuities are sold by prospectus.  The Prospectus contains additional information that investors should consider carefully such as the investment objectives, risks, charges and expenses.  A prospectus is available from an Investment Executive.  Read carefully before investing or sending money

 

Dutch Vanderpool -
Dutch.Vanderpool@Primevest.com

Tim Johnson -
Timothy.Johnson@Primevest.com
   

Oakland Investment ServicesOakland Investment Services
7080 Hwy 64
Oakland TN 38060
(901) 465-4212

PrimeVest Financial Services

PrimeVest Financial Services, Inc. is an independent, registered broker/dealer and registered investment adviser. Member SIPC/FINRA Securities and insurance products offered by PrimeVest: * Not FDIC insured * May go down in value * Not financial institution guaranteed *
Not a deposit * Not insured by any federal government agency.

View PrimeVest privacy policy and other important information.

Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The inforamtion in this web site is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

 


The Oakland Deposit Bank, a division of The Farmers Bank of Lynchburg, TN
P.O. Box 368
Oakland, TN 38060
(901) 465-4211


Home | About Us | Online Banking
Deposit Accounts | Loans Investment | Financial Planning | Links of Interest

Privacy Policy | Terms of Use

NOTICE: The bank is not responsible for and has no control over the subject matter, content, information or graphics of the web sites that have links here. Please contact us with any concerns or comments.