FAQ

Financial Investment Services



Financial Investment Services



Investing is More Than Just Finances...


Main office: 504-339-8762

About us



Serving clients since 1997



Financial Investment Services (F.I.S.) has been owned and operated by Donna McElroy in Metairie, Louisiana for the past 20 + years . Donna is a Retirement Protection Specialist that works to build relationships with each of her clients . You are as important as your money. She has reinvented the meaning of what an investment advisor can be. FIS helps people who are preparing for retirement and those who have already retired. She will work to keep your money safe and will help you to create your own pension with guarantees to NEVER outlive your money . At FIS, investing is more than just Finances...



What WE Do



We assist our clients in finding an A rated annuity product that best fits their financial situation and goals, while growing their portfolio and keeping their retirement money SAFE!



What is an Annuity?



An annuity is a contract in which an insurance company makes a series of income payments at a regular intervals in return for a premiums you have paid. Annuities are generally bought for future retirement income. Any annuity is the ONLY vehicle that can guarantee to pay an income to last as long as you live. Annuities are neither health nor life insurance policies. They are not savings accounts nor savings certificates. You should not buy an annuity to reach a short-term goal.

The value in an annuity the premiums you've paid, less any applicable charges, plus interest credited. The insurance company uses the value to figure the amount of most of the benefits that you can choose to receive from an annuity contract. Their are many types of annuities as well as ways to fund them. Finding an annuity product that is right for you and your situation and goals can be overwhelming. Contact an annuity professional to help assist you and making you retirement goals happen.





Fixed- Index Annuities



Provide opportunities to grow money based on the movement of an index. This annuity can realize a higher interest rate than traditional fixed annuities. You CANNOT lose money, because your money is not invested directly in the market. Safety is key when looking into this type of annuity. Money will grow faster because it is tax- deferred. You will have more options for retirement including income you can NEVER outlive. Depending on payout options, a death benefit is possible for your loved ones.


Multi-Year Guarantee Annuities


MYGA as they are known are annuities that have a guaranteed interest rate for a set number of years. This period of years is known as the surrender period, during which you can not make withdrawls without penalty. Some policies , however, do offer the option of a 10% withdrawl of account value after the first year. Money will grow tax-deferred. This option may also includes lifetime income payout . Depending on payout options, a death benefit is possible for your loved ones.



Immediate Annuities


This is a Traditional annuity(SPIA). Money is put in for immediate distribution to begin. The payments are paid out depending on the options selected at time of opening. This annuity will help you supplement your social security income and provide a steady paycheck for your future. Depending on payout options a death benefit is possible for your loved ones.



Variable
Annuities


A variable annuity places your premiums into a separate account. During the accumulation period , you may decide how you would like them invested in stocks, bonds, or other accounts depending on your risk tolerance. Because of how the money was invested the payout will also be variable. A variable annuity generally has more fees and fewer guarantees for your future dollars. A death benefit is possible but may have a tax accessed.



How Long Will My Money Last



Use the calculator to see how far your retirement dollars will take you







Meet the Team



Partners and Associates



The team at Financial Investment Services is small, but we are 100% committed to serving you. We are here to help you reach your retirement goals.



President, retirement protection Specialist


Donna was born and raised in New Orleans. Beginning her finance career in banking, she moved on to a private investment firm. Donna realized to make a significant difference in people's lives she would have to venture out on her own. She has a true passion for what she does. FIS is a reflection of her love affair with people. It is the result of the conscience effort to lend a hand where needed to lay the groundwork for sound financial advice, and to create relationships.

Now we can add author to Donna's list of accomplishments and attributes that make her a go to specialist in retirement protection. Click below to read more


prlog.org/12824091-donna-mcelroy-honored-with-esteemed-invitation.html

Contact

Health & Life Specialist



Norma-Jean was born and raised in New Orleans. She managed a construction company for 16 years while juggling her 5 children. She loves helping people and helping them find what works best for them in multiple situations. She handles our Life and Health but also does Annuities. People and Family are her driving force. Norma-Jean is forever willing to share her smile or a laugh, it can be contagious. The motto she lives by is " Failure to plan is planning to FAIL". Doing what she does helps others plan for the future, whatever it may entail.

Contact

We also work closely with a CPA and an Attorney to add yet another level of security to your retirement plans. Sound Financial Advice, Will writing, and much more all to help you make the best choices with your retirement dollars.


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Financial Investment Services



Disclaimer:



The Information presented here is for informational purposes Only. It is not intended for legal, tax or investment advice. Financial products vary by state of resident, age, and product chosen. Some financial products such as annuities can carry surrender charges or restrictions to access your funds. Some annuity products carry a fee when applying an income rider. Guarantees are based on the financial strength and claims paying ability of the insurance company. Please read over all insurance contracts and disclosures carefully before making any purchase decisions. Rates and Returns presents are subject to change without notice.