913-225-8203

Annuities in Overland Park KS & Olathe KS

Keep Your Financial Resources Protected.

Aspire Insurance Agency understands the value of saving for and investing in your future. If you’re like many Americans, you work diligently each day and take the right steps to ensure that you’ll be supported with a comfortable income after you retire. That’s why it’s smart to have the right coverage options under your retirement plan because in some cases, you can actually outlive your income.

The last thing you’ll want to experience as a retiree is a loss of your financial resources. With an Annuity from Aspire Insurance Agency, you can ensure that your finances are covered – for a healthy and happy retirement. Annuities are essentially investments that guarantee a steady income stream. Based on your plan, you can receive money either on a set schedule or in a lump sum.

Types of Annuities

Aspire Insurance Agency can offer two types of Annuities: Deferred and Immediate Annuities.

Deferred Annuities are investments that you make either over a period of time or all at once. Since these Annuities are tax-deferred, you only have to start paying taxes upon withdrawal. Deferred Annuities are either fixed or variable, meaning your payout is either a fixed sum or an amount in accordance to the performance of the market/group of investments.

Immediate Annuities are payments that you can receive right after you make your investment. This type of Annuity is typically for those around the retirement age who want to secure their financial future. Like Deferred Annuities, you only pay taxes upon withdrawal.

Understand Your Investments

An annuity is a long-term, tax-deferred investment designed for retirement. With an annuity, you can create a fixed or variable stream of income. The annuity’s value and growth will vary based on how the investments you choose to fund the annuity (underlying investments) perform.

Just like other types of investments, an annuity has limitations. If you take your money out early, you may have to pay fees called surrender charges. You’ll have to pay income tax on the withdrawal, and if you’re not yet 59½ years old, you may also have to pay a 10% tax penalty. If you do take an early withdrawal, it will reduce both the death benefit your beneficiaries receive and the cash value of the annuity.

An annuity is sold by an insurance company, and the annuity’s guarantees and protections are subject to that company’s ability to pay for them. However, this doesn’t apply to the underlying investments. The underlying investments are subject to market risk, so you could end up with less money than you invested.

An annuity is sold by prospectus, a document that describes the annuity’s objectives, risks, fees and charges. The cost of an annuity often includes mortality and expense charges, administrative fees, contract fees and the expense of the underlying investments. There are prospectuses for the annuity and the underlying investments that fund the annuity. It may take some time, but you should read the prospectuses carefully before investing.

It’s important to discuss your options with a specialist at Aspire Insurance Agency who is committed to helping you make the right decisions.

Before investing, understand that annuities are not insured by the FDIC, NCUSIF or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of affiliates. Annuities that involve investment risk may lose value. Guarantees and protections are subject to the claims paying ability of the issuing insurance company.

Main Office

6300 W 143rd St, STE 120

Overland Park, KS 66223

Main office: 913-225-8203
Toll free: 866-702-1020
Fax: 913-945-1980

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: By Appointment

Satellite Office

13095 S Mur-Len Rd, STE 100

Olathe, KS 66062

Main office: 913-225-8437
Toll free: 866-702-1020
Fax: 913-945-1980

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: By Appointment

Satellite Office

705 8th St

Baldwin City, KS 66066

Main office: 913-225-8437
Toll free: 866-702-1020
Fax: 913-945-1980

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: By Appointment

Our Providers

Testimonials

I have been a client of Aspire Insurance Agency for several years now. I have found them to be nothing but helpful and wonderful. They search out the best prices and coverages for any needs. Last summer, a storm toppled a tree onto my fence and Marty was out at my house within 30 minutes. When my son just got engaged, Marty gave us the best advice on getting the ring insured quickly and easily. We have homeowners, multi-car insurance, jewelry, and renters insurance for houses at college. I would highly recommend Aspire Insurance Agency to anyone wanting the best coverage and pricing, plus friendly and helpful advice from Marty and his staff.
Kala - Overland Park, KS
After being with an insurance company for over 20 years, we saw our rates and premiums increase and increase. Marty was able to find us an equal if not better plan covering our cars and home. We are saving over $700/yr. Aspire Insurance Agency is the only agency I would consider! Thanks, Marty!
John and Kathleen - Overland Park, KS
We wanted to update our coverage portfolio and wanted a hometown agency. Everyone at Aspire was helpful and guided us through the process. Thank you.
Bob and Karen - Overland Park, KS