A Reserve Fund Annuity is a unique product which combines the benefit of an annuity earning for you with a savings and payment plan to pay Medicare bills.
It is available from just one of our carrier who is out to help senior citizens with financial planning and Medicare.
They have created their proprietary product which will grow your retirement and savings in an Annuity. Then if needed will payout your part A and B deductible along with your Medicare Supplemental bills if needed.
A 3% rate of interest is certainly better than most savings accounts and CDs.
Interest accrues through the Annuity account which currently pays a 3% rate of interest. It really is a nice product which will grow income and simultaneously pay a bill.
If you are a senior or retiree and need some help with your bills or finances find out howThe401Kman can help with our wide suite of senior products or call us toll free at 877-775-0812.