Feagin, Nickolas & Assoc. LLC

We are now getting reports that annuity rates are beginning to go down. Now is the time to consider the benefits of guaranteed tax-free tax deferred growth.

Contact Feagin, Nickolas & Assoc. LLC at 936 788 6200.

We offer safe and guaranteed options for your rollover retirement funds or extra funds. Two or more years earning as much as 5.4% compounding and tax- free tax deferred. Call us at 936 788 6200 or email us at [email protected] for more information. Now may be the time to play it safe.

Give us a call for a quote on your insurance. Let’s us see if we can save you money. 936-788-6200

Something else to think about especially for those of you of wealth or own very successful businesses in the state of Texas, funds inside your cash value life insurance and annuities are exempt from: garnishment, attachment, seizure, and bankruptcy not only for the insured but for the beneficiaries as well. (See Texas Codes Title 7, Subtitle A Chapter 1108.)

Think about our current conditions and the amount of small once successful businesses failing now. By placing some of your funds in annuities that you want to make sure no matter what happens will still be there. In addition, you can set annuities up to make guaranteed payments to a beneficiary so they may never have to
worry about income.

There are annuities that offer long term care riders. Today's annuities are great tools to assist in the planning of potential life changing events, especially for the ones we cannot control.

936 788 6200
Feagin, Nickolas & Associates LLC

As we watch our expenses rise and our invested funds in the marketplace fall, we all wonder what else we can do.

Think about annuities and forget what you think they are because today's annuities are not yesterday's annuities.

Depending on how long you want to put your extra funds away you can be earning over 4% guaranteed, compounding, and tax-free, tax-deferred. That is much better than any CD or savings account.

There are many options available and there are annuities that will fit your needs.

Give us a call at 936 788 6200 or email me at [email protected] for more information.

Basic planning for your family is something we all think is a simple task but end up pushing it down the road for another day to address. However, when you actually sit down and discuss the issues we all face in life and the things that can happen and have happened it begins to get a bit more complicated.

One example would be life insurance. How much death benefit should one have, how long should one have life insurance, what kind of life insurance makes the most sense. Our combined experience of over 64 years is one size does not fit all. You may hear the commercials on radio or see them on TV about a certain price for a certain amount. These can be misleading as the agent cannot control the premium that is required for an individual. There are many factors that contribute to the costs. (There are specific rates for guaranteed life insurance, but you should really read the fine print on those policies.)

We have access to nearly 100 life insurance companies and their policies. The least expensive may not necessarily be the best plan. We can show you many options and explain them so you can make a decision on what is best for you.

Here is an idea and something we have practiced personally and have suggested to many of our clients. Buying a permanent policy on your child or grandchild. It is a wonderful gift. Once issued no matter what future illness that could arise and leave one uninsurable, the child will always have a policy not to mention the cash value buildup growing tax-free and tax deferred.

Give us a call at 936 788 6200 and we can discuss the options that are available to you.

Nice day for a parade!

Go Texan parade is today at 1:00 in Downtown Conroe. Hope to see you there.

Go Texan parade is today at 1:00 in Downtown Conroe. Hope to see you there.

Tommy Feagin, Ken Nickolas Insurance Conroe, Texas Feagin, Nickolas all insurance needs in Conroe, Texas. Home, Auto, Financial services.

Happy New Year and welcome to 2022.

As we begin this year, we are seeing that costs for everything are growing faster than usual. Which means that the cost of materials to repair your home have doubled and tripled. Wood, shingles, plumbing, etc. have risen over the past year or so that it is affecting premium for homeowners' insurance. This also could mean you are under insured.

In addition, with the new technology for autos, computers, cameras, etc., a small claim is becoming very rare. Statistically there are more accidents than in the past. The old $300 bumper repair is now $4000. These issues raise auto insurance premium as well.

We represent many carriers, so we do our best to find the right company to insure your needs.

Contact us at 936 788 6200 or email us at [email protected]. Our website is www.tommyandken.com and let us see if we can find you the right insurance plan.

Tommy Feagin, Ken Nickolas Insurance Conroe, Texas Feagin, Nickolas all insurance needs in Conroe, Texas. Home, Auto, Financial services.

It's now easier to send Feagin, Nickolas & Assoc. LLC a message.

This is the 4th post on annuities.

Single Premium Immediate Annuity, is an annuity that will begin payments immediately and will continue for the period you design or for your lifetime, which is typical. When starting a SPIA with non-qualified funds, just a portion of each payout is taxable. This can create a tax-efficient income stream.

How does the SPIA work? By paying a lump sum payment to an insurance company, you will receive a guaranteed stream of income for a specific period or the rest of your life. Also you can set these up where your spouse will receive income for the rest of their life or even for the both of you no matter how long you live. Subject to the claims paying ability of the insurance company your income will be based on the amount of premium, your life expectancy based on current age and gender, current interest rates, and the payout option you choose. There are additional options for cost of living adjustments etc.

Your payout options include the following:
A guaranteed period certain, where you or your beneficiary will receive the payments for a specific period.
A single lifetime income, the riskiest option where you will receive income until your death. This normally provides the largest stream of income but nothing to beneficiary.
A single lifetime income with a guaranteed period certain, where you receive income as long as you live. However, if your death occurs before the guaranteed period your beneficiary will receive income until the period is over.

A joint lifetime income where when one spouse dies the other gets a percentage of the previous payment for the rest of their life. Once both have died there are no payments to beneficiary.
A joint lifetime income with a guaranteed period certain where you receive payments as long as you or your wife live. If both die before the period certain the beneficiary will receive payments until that period is over.
A lifetime income annuity with refund where you receive payments until your death and if the payments are less than the premium you paid your beneficiary will receive a refund of the balance.

This is a third post on annuities.

What are the benefits of an annuity?

Tax Deferred Growth. The growth of your annuity grows tax deferred. Basically you pay taxes on your annuity when you take funds out. It is based on a formula and your growth is what is taxable. You do not have a tax issue as long as you let your annuity grow and don't take any payments. Compare that to your CD, or stock investments, etc.

Income for Life. There are several options for receiving payments from your annuity with options that could last your lifetime.

Penalty Free Withdrawals. Subject to limitations and restrictions annuities general allow penalty-free withdrawals.

Probate Avoidance. In most cases, by naming a beneficiary, your annuity's assets will transfer directly to your beneficiary.

Relocating Investments. With fixed indexed annuities you can change your investment strategies on an annual basis.

Creditor Protection. In the state of Texas there are laws that can provide protection for owners of annuities and cash value life insurance from frivolous lawsuits. Another way to protect your retirement assets.

Next week understanding a few basic income streams from a Single Premium Immediate Annuity.

This is the second of a series on annuities.

The concern of running out of money for those that are about to retire and for those that have already retired can give one uncertainty about their plans. With all of the changes presently happening, the rise in cost of living and the fact that we are living longer can be addressed with an annuity. A steady stream of income in retirement that potentially you cannot outlive may be a solution.

What is an annuity?

An annuity is a long-term financial vehicle that allows you to accumulate money tax-deferred for retirement. It is a contract between you and an insurance company.

There are several types of annuities. We are only going to discuss fixed annuities. Fixed annuities provide a rate of return at a fixed rate set and guaranteed by the insurance company for a certain period of time.

They can also be based on when you take income, immediately or deferred, and how you make your payments, with a single premium or flexible premium. Most deferred annuities have a surrender period. This is the amount of time the investor must wait until they can liquidate the entire annuity contract without facing a penalty from the insurance company.

Next week we will discuss the benefits of an annuity.

These discussions are based on 30 years of experience and from Private Wealth Management Products and Services Baird.

Beginning next week, we will begin a short series sharing basic information concerning annuities. We hope you will find these informative for possible consideration when you retire or even if you have retired.

Annuities can be a perfect fit with your retirement plans. Since billions of dollars are spent every year in annuities, many have found them to be a safe option with their retirement funds.

Being in the insurance and financial services business since 1985 I have witnessed many unpleasant situations for business's, but worst, with families. In both cases it is just a simple failure to plan.

One of our clients shared a story that just happened to a friend of his. Our client was very upset. It is a story I have heard many times for over 35 years. His friend just died of a heart attack after purchasing a very expensive vehicle and left his wife and child with one paycheck in the bank. No life insurance, no retirement, just nothing but bills and upside down on the vehicle.

It is just a simple thing to do. For all out there in FB land whether it is for you or your children that are now having children, a simple life insurance policy will solve most of these problems. There are many different forms of life insurance. A simple term policy for those in their 20's and 30's and 40's can be purchased for the same cost of a case of beer per month.

We have access to nearly 100 insurance companies to find the plan you need. If not with us please contact your agent and inquire about life insurance. It is a simple solution to keep your loved ones from facing a disaster.

936 788 6200
www.tommyandken.com
[email protected]

Tommy Feagin, Ken Nickolas Insurance Conroe, Texas Feagin, Nickolas all insurance needs in Conroe, Texas. Home, Auto, Financial services.

Feagin, Nickolas & Assoc. LLC

Before you renew your CD........What is your CD really earning? Consider Tax-deferred, Protection of principal, Ability to bypass probate, greater guaranteed interest rates.

Call 936 788 6200. Go to our website at TommyandKen.com. or contact us at [email protected]. to check out an alternative option.

Before you renew your CD........What is your CD really earning? Consider Tax-deferred, Protection of principal, Ability to bypass probate, greater guaranteed interest rates.

Call 936 788 6200. Go to our website at TommyandKen.com. or contact us at [email protected]. to check out an alternative option.

Tommy’s youngest, Maggie Mae, is graduating from High School this year. CHS Class of 2020. Congratulations Seniors of 2020!!!

Feagin, Nickolas & Assoc. LLC

For those interested we can show you a plan that for $100,000 and up will guarantee you 3.5% for 7 years or 3.1% for under $100,000. Also 2.25% for 3 years for anything over $100,000 and 1.80% for under $100,000..

All growth compounds and is tax-free, tax-deferred.

Give us a call at Feagin, Nickolas & Associates LLC at 936 788 6200 or email us at [email protected]. and let us show you other options concerning your retirement funds or excess funds that may be in CDs.

For those interested we can show you a plan that for $100,000 and up will guarantee you 3.5% for 7 years or 3.1% for under $100,000. Also 2.25% for 3 years for anything over $100,000 and 1.80% for under $100,000..

All growth compounds and is tax-free, tax-deferred.

Give us a call at Feagin, Nickolas & Associates LLC at 936 788 6200 or email us at [email protected]. and let us show you other options concerning your retirement funds or excess funds that may be in CDs.

Ken

Hope this finds you and your families well. No doubt this is a strange time in all of our lives and is something we have never experienced before. We do believe we will get through this and quite possibly become better human beings.

In the meantime our responsibilities must continue. Many of us most likely have noticed that our retirement funds, etc. have bounced up and down and mostly down. This is obviously due to the current conditions in an unstable market. The traditional belief is that once this is all over and our country and world get back on their feet we should recoup our losses in the long run.

However, there are those who may not be able to wait. This may be a good time to consider guaranteed growth for some or most of your portfolio. As we have stated in the past with our conservative strategy not one of our clients have lost anything during this time but actually experienced growth.

If you have any interest in looking into options of stabilizing your funds please contact us.

We are limiting our time in the office so please use our email address: [email protected].

Thanks.

Feagin, Nickolas & Associates LLC

Feagin, Nickolas & Assoc. LLC

We understand many of you are concerned about your retirement funds, especially with the current market conditions. We can say that none of our clients have lost a dime.
If you are considering a way to lower your risk with guaranteed growth please give our office a call. 936 788 6200.

We understand many of you are concerned about your retirement funds, especially with the current market conditions. We can say that none of our clients have lost a dime.
If you are considering a way to lower your risk with guaranteed growth please give our office a call. 936 788 6200.

Merry Christmas and Happy New Year to all of our friends!

It’s beginning to look a lot like Christmas!!!

Thanks for your patience. We are up and running again. Please call for a quote or any questions you may have concerning your home, auto, boat, life, and retirement.

Feagin, Nickolas & Assoc. LLC

To all our clients and friends. Our phones and internet service is down again. The local company that we use has promised us again that sometime tomorrow August 1 we will be up and running. We apologize for your frustrations as no one is more frustrated than we are. Thank you for understanding.

To all our clients and friends. Our phones and internet service is down again. The local company that we use has promised us again that sometime tomorrow August 1 we will be up and running. We apologize for your frustrations as no one is more frustrated than we are. Thank you for understanding.

Get quacking!!! Don’t wait until it’s too late. Call and see if we can help you with your insurance needs.