Thank you for visiting our website, as suggested by our local and state government we are continuing to practice social distancing, mask wearing, and assisting clients remotely through (Email/Telephone) whenever possible. We are available to meet in person when necessary. Thank you for your understanding Byham’s Insurance Services-

Annuities Services for Residents of Franklin PA, Erie, Greenville, Meadville, Oil City & Titusville

If you are interested in annuities in Franklin, annuities in Erie, or annuities in Greenville, Pennsylvania, you can stop right here. Byham’s Insurance Services is a local family-owned and operated agency, and we have been building relationships since 1963.

It is gratifying to serve multiple generations of the same families, and in fact, we are a third-generation business in our own right. In addition to the cities mentioned above, we offer annuities in Titusville, annuities in Oil City, and annuities in Meadville, Pennsylvania.  Annuities

Immediate Lifetime Fixed Income Annuities

There are different types of annuities that can satisfy varying needs. One of the annuities Meadville-Franklin PA area residents can obtain from us is the immediate lifetime annuity. In a real sense, this could be looked upon as a self-funded retirement pension plan.

The way that it works is you make a single lump sum payment to an insurance provider. It is safely invested in a manner that is not subject to market volatility. In return, you are guaranteed a particular amount of monthly income for the rest of your life.

Deferred Income Annuities

Another one of the annuities Oil City-Meadville area clients can purchase through our company is the deferred income annuity. It is similar to the type of annuity that we described above, but as the name would imply, there is a deferral period before the payments to you commence.

Indexed Annuities and Variable Annuities

You can take the safe route with annuities that offer a guaranteed interest rate. However, there are other options that involve some degree of risk. With an indexed annuity, the rate of return would be tied to the performance of a stock index, like the Standard & Poor’s 500.

Yet another option that is available to our clients from Titusville, Franklin, Erie and other nearby communities is the variable annuity. You choose mutual funds that purchase stocks, bonds, and money market instruments, and your return will depend upon their performance.

Call or Click Today!

The annuities Erie, PA area clients can obtain through our agency can be a very valuable part of your long-term financial plan, but without question, they can be a bit confusing. The right choice will depend upon your objectives and your tolerance for risk.

If you would like to have a discussion about your future with a knowledgeable member of our team, we can be reached by phone at 800-836-8483. You can alternately click this link if you would like to send us a message.