Ty J. Young Wealth Management

Can I move from my current IRA or 401(k) to an annuity without taxation?

Absolutely, yes! We will set up your index annuity as an IRA. Then, we’ll roll your 401(k) or IRA to your new annuity with no taxation and no fees. It’s simple and easy.

How does Ty J. Young Wealth Management make money if you don’t charge a fee?

When you put your money in a good fixed index annuity you make a time commitment. The insurance company makes money by using that money over time, just like the bank makes money. Out of what the insurance company makes over time, they pay us. So we don't have to charge you a fee.

Why is it so important to work with an expert when buying an annuity?

Working with an expert when setting up an annuity matters. You want a seasoned pilot in the cockpit during a storm to navigate your and your loved ones to a safe landing. The same applies when buying an annuity. An expert understands how to get maximize growth quickly without exposing your money to market risk.

Should I refinance my old or underperforming annuities?

Similar to when interest rates go down, you might refinance your mortgage to get a lower rate because you pay less interest, and that is better financially. Conversely, when interest rates go up—you can replace your old annuity that has lower rates, with a new annuity with much higher rates, and lock them in. The benefit to you is: the rate of return can be greatly increased.