Annuities & Life Planning in Hendersonville, TN

Retirement Income Planning Built Around Stability

Annuities are financial tools designed to help turn savings into predictable income, often used as part of a long-term retirement or life planning strategy. For individuals and families in Hendersonville, Nashville, and across Middle Tennessee, annuities can provide stability, tax-deferred growth, and peace of mind when planning for retirement income.



At The Bill Yon Agency, we help you understand how annuities work, compare options clearly, and determine whether they fit your financial goals—without pressure or jargon.

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Types of Annuities We Help With

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Fixed Annuities

Offer a guaranteed interest rate for a set period. Often compared to CDs, but with tax-deferred growth and insurance-backed guarantees.


Best for: Conservative savers seeking stability and predictable growth.

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Indexed Annuities

Growth is tied to a market index (like the S&P 500), with caps and floors to limit downside risk.


Best for: Those seeking growth potential with protection from market losses.

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Immediate & Deferred Income Annuities

Designed to provide guaranteed income—either right away or at a future date.


Best for: Creating a reliable retirement paycheck.

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MYGA (Multi-Year Guaranteed Annuities)

Fixed-rate annuities with guaranteed terms, similar to multi-year CDs.


Best for: Rate-sensitive savers who want certainty.

How Annuity Payments Work

Annuity income can be structured in different ways:

  • Lifetime Income: Provides guaranteed income for as long as you live, helping protect against the risk of outliving your savings.

  • Joint Income for Spouses: Continues income for both spouses, ensuring payments last as long as either person is alive.

  • Fixed-Period Payouts: Delivers income for a set number of years, often used to bridge a specific retirement or income gap.

  • Optional Income Riders: Adds features that can increase income guarantees or provide flexibility, depending on the annuity structure.

Important Considerations Before Buying an Annuity

Before purchasing an annuity, we walk through key decision points such as surrender periods and liquidity, guaranteed versus optional features, tax treatment of withdrawals, fees and riders (if applicable), and how an annuity fits with your overall life insurance and retirement plan. Our goal is to provide clear explanations upfront—so there are no surprises later.

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Annuities FAQs

  • Are annuities safe for retirement income planning?

    Annuities are backed by insurance carriers and designed to provide stability and predictable income when used appropriately.

  • Can annuities provide income for life?

    Yes, certain annuities can be structured to provide guaranteed lifetime income, either for one person or jointly for spouses.

  • Are annuities taxable?

    Earnings grow tax-deferred, and taxes are generally owed only when withdrawals or income payments are taken.

  • Can I move money from an IRA or 401(k) into an annuity?

    In many cases, yes—retirement accounts can often be rolled into an annuity without triggering immediate taxes if done correctly.

Let's Talk

Build Retirement Income With Clarity and Confidence

Annuities can be powerful tools when used correctly. Get straightforward guidance and a plan built around your goals with The Bill Yon Agency—serving Hendersonville, Nashville, and Goodlettsville.