Vermost Insurance Agency - April 2022

FIXED ANNUITIES EXPLAINED Make Them Work for You Fixed annuities are beneficial contracts with your insurance company and can be looked at as a safe place for cash to accumulate. In exchange for making one or more premium payments, the insurance company will provide an income stream (tax deferred) during retirement. Fixed annuities also provide a death benefit for your beneficiaries. One of the best parts about fixed annuities is that taxes aren't taken out while the annuity is sitting and growing. This way, more money is available to earn a return! However, whenever you decide to begin receiving income payments, the cash is subject to income tax. If you’re in a higher tax bracket and looking to defer extra income, or if saving is at the forefront of your mind but you’ve already reached your deductible limit on all retirement accounts, you may wish to consider investing in a fixed annuity. Fixed annuities are a great option because they are simple, straightforward, and flexible — you can choose to receive one lump payment or a series of payments, indefinitely if

3 INSANE EVENTS THAT HAPPENED AT AUGUSTA NATIONAL GOLF CLUB Augusta National Golf Club in Augusta, Georgia, is one of the most famous golf courses in the world. The golf club was constructed back in 1933 and has enthralled golfers of every skill level. Augusta is mostly known for the Masters Tournament, one of the four major championships on the PGA Tour. In its nearly 90-year history, Augusta National Golf Club has seen some crazy events. From hostage situations to near-death experiences, there’s no shortage of unbelievable stories that have taken place on the course. Below you’ll find three of the most bizarre events that have occurred at this golf club. Ronald Reagan’s Bizarre 1983 Round Many presidents throughout our country’s history have enjoyed the game of golf, and Ronald Reagan was no exception. While Reagan was in the middle of a round at Augusta, a man named Charles Harris rammed his pickup truck through a locked gate, stormed into the pro shop, took five hostages, and demanded to speak with the president. Reagan left the course after Harris refused to speak to him over the phone, then the police handled the situation from there. Reagan returned the next day During World War II, golf was one of the last things people thought about. After seeing the bulk of their members sent overseas to fight in the war, the owners of the course came up with an alternative way to make money. They decided to allow cattle and turkeys to roam the course before they were ready for market. It took years for the foliage to return to playing shape. Death and Return At the 2018 Masters, a man named Johnny Pruitt got to live his dream by attending the championship as a spectator. He never made it to his seat though as an irregular heartbeat stopped his heart. Pruitt was taken from the course, and his heart was restarted with a defibrillator before he went into a coma. He awoke from the coma a week later, and Augusta invited him back to attend the 2019 Masters. to play an uninterrupted round. The Years Without the Masters

Vermost Insurance NOW has a relationship with Chuck Chucri who offers Financial Planning and Investment

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Advisory Services!

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1200 Belcher Rd. S., Suite 1

Largo, FL 33771-3315

Phone: (727) 748-2886

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