Steve Tobin | Future Assurance

Steve Tobin

Future Assurance Financial Consultant with 44 years Experience

Hi, my name is Stephen Tobin and I'm a Financial Advisor! I've been fortunate to be involved in the financial world for most of the past forty plus years, with the last half of those years as a Financial Advisor. Everyone has different expectations and goals. Not everyone has the same relationship with their money. I consider myself a lifetime learner and the main reason I'm still in this business is due to the evolution of ways I can help people. There are so many products and strategies that people are not aware of, or have not taken the time to learn about. It's my obligation to help them with that. My practice has shifted to working primarily with people in retirement and those about to retire.

In addition to being a Financial Advisor, we raised four daughters and have been blessed with five beautiful grandchildren, ranging in age from four to twenty-six. I've been an active member of the same church and community my entire life and have served on various boards and advisory councils over the years. I look forward to having an opportunity to meet with you and determine if we would be a good fit for one another. I see myself as a tool for my clients and future clients, to use to create a secure, consistent and predictable retirement lifestyle, regardless of market performance.

I am a fiduciary and Investment Advisor Representative with Future

Assurance, Inc. I hold a Series 65 Registration (Uniform Investment

Advisor Law) with the SEC and am a Life Underwriters Training Council

Fellow with the American College in Bryn Mawr, PA.

Call Steve Today: (859) 707-7704

Thank you for taking the time to review our Annuity Strategies" webpage. We realize that your needs are unique and specific and we will "Never" try to sell you something that doesn't truly deliver results for your financial goals and needs. This page is specially made to address the unique issues impacting many financial decisions today. You can be assured that our financial strategies and advice for you, will always be focused and unique to your needs!

Stephen Tobin is a "trustworthy" Fiduciary Advisor and he is your Future Assurance Agent. Please review the information on this page and set up a time to speak with him about how he can serve you. Every member of my "Future Assurance Team" is committed to delivering an unwavering focus for your financial goals.

We consider it a true honor to guide you through these turbulent times and we are pleased to tell you..."there is nothing to fear!"

At Your Service,

Ken Prevett

CEO - Future Assurance Inc

Real Questions...Real Answers

What is an Annuity?

In the broadest terms, an annuity is a contract between you and an insurance company, where you make a premium payment(s) in exchange for the benefits defined in the contract.

Are Fixed Annuities safe?

Yes. Insurance companies as a whole have a long history of stability, even through our nation’s most difficult economic times. Fixed annuities, unlike variable annuities, are backed by the full faith and credit of the issuing insurance company.

How is my money guaranteed?

With a fixed annuity, your deposited premium and all contract provisions are guaranteed by the issuing insurance company. For that reason, it is prudent to research the financial strength and ratings of the issuing company.

What are the fees?

With fixed annuities, there are no fees, upfront loads or sales charges. 100% of your money goes into your contract without any expense to you. The only time you might experience a fee, is if you choose to add an optional rider that comes with a cost.

What is a Hybrid Annuity?

That’s an interesting question. Technically, there is no such thing as a hybrid annuity. But rather, that is an industry coined term to describe a fixed indexed annuity with an optional income rider added to it.

What is a CD-type Annuity?

A CD-type annuity is an industry coined term to describe a multi-year guarantee annuity. The interest rate is guaranteed in advance for a set number of years, similar to a bank CD.

What is an Income Rider?

An income rider is an optional benefit that can be added to an indexed annuity contract, usually for a fee. It is designed to help generate a higher level of guaranteed lifetime income at a future date, regardless of the performance of the underlying accounts.

How long do I tie up my money?

That depends entirely on the annuity product that you ultimately decide to purchase. Most of the annuities sold by AnnuityAdvantage have 3-10 year surrender terms. However, there are products on the market that have surrender terms as long as 16 years.

Can I use IRA funds to

buy an annuity?

Absolutely, this is something we help our clients do all the time.

How are Annuities taxed?

If you purchase your annuity with non-qualified funds and leave your interest earnings inside the contract to grow and compound, making no withdrawals, then those interest earnings are tax-deferred. What that means is that you do not have to pay income tax on the interest earnings until you choose to withdraw them.

Can I withdraw funds

from my annuity?

Almost all annuities have some type of penalty free withdrawal provision. The most common being the right to withdraw up to 10% of your account value annually without penalty. That being said, penalty free withdrawal provisions do vary from one annuity to the next, so be sure to understand the details prior to making a purchase decision.

What if I need my money

for an emergency?

Many (but not all) annuities have enhanced withdrawal provisions, commonly referred to as living benefits, for certain catastrophic life events such as an extended nursing home stay or terminal illness.

What happens if I die?

Nearly all annuities will pay your named beneficiaries your full account value, without penalty, upon death.

What is an immediate annuity?

A single premium immediate annuity is the oldest known form of annuity contract. It is a product that is designed to provide a guaranteed income stream, most typically for an individual or joint lifetime, with payments beginning in less than one year or for a specified time period.

How does Future Assurance

get paid?

Our clients incur no fees, sales charges or upfront loads when utilizing our annuity shopping services. However, we do earn commissions paid to us directly from the insurance companies that we place business with.

What is a 1035 exchange?

1035 is a section of the tax code that allows for the tax free exchange of non-qualified funds from one annuity contract to another. As long as the money is transferred directly from the old insurance company to the new insurance company, the tax-deferred status of the account remains intact and the 1035 exchange does not create a taxable event.

We can help you laugh more in the future...

Future Assurance Financial Consultant with 44 years Experience

Call Steve Today: (859) 707-7704

Real Questions...Real Answers

We Can Face This Market Together!

An Insurance Marketing Organization
Office: (502) 205-9500
info@futureassurance.org