Annuities and Life Insurance

Annuities and Life Insurance - Build Your Retirement and Protect Your Family

Are You Ready for Retirement?

You have goals and a lot of things you’d like to do when you retire. Whatever your retirement plans are, to travel, teach or spend more time with family, you need a financial roadmap that’s going to let you do more of what you love. Planning for retirement is a marathon, with challenges and obstacles along the way. Learn how to navigate through the many choices available to you to win the race with the help of an experienced financial services representative. It’s never too soon to start planning your retirement.

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Education is key in the retirement planning journey.  Looking for clarity on how life insurance or annuities contribute to a retirement investment portfolio?
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Life Insurance Guide

Insured Assets Can Help Improve Your Retirement Outcomes.

Steven R. Block is an experienced financial professional and life insurance agent who wants you to make your retirement your own, with the resources to do what you love.

BlockWall Strategies, Inc. and New York Life can help you achieve your goals for a happier, healthier life after work.

If You Love Someone. If You Owe Someone. If You Want To Leave A Legacy.

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No matter where you are in the process — whether you're doing your own research, trying to figure out what's right for you, or just want to talk to someone — you can rely on our experience to help you make the right decisions.

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What is an Annuity?

Annuities are a good way to protect your future and diversify your retirement savings, and generate a guaranteed income stream so you can maintain your lifestyle in retirement. Annuities provide an added layer of protection to outliving your retirement savings with a fixed income stream for a lifetime or a set time period. Annuities provide many benefits including income in retirement, the potential to grow your money, a death benefit for loved ones and tax-deferred growth.

Annuities can be purchased as either Fixed Deferred Annuities or Variable Annuities, each with unique benefits and considerations.  All guarantees are backed by the claims-paying ability of the issuer.

Fixed Deferred Annuities - Single Premium Income Annuity (SPIA)

Fixed Deferred Annuities provide a steady, predictable approach to saving with stability and lower risk.  New York Life offers annuities that guarantee your principal amount, regardless of market performance. A single premium income annuity (SPIA) provides guaranteed income with fixed payments, for your lifetime. The older we get, the more we appreciate guarantees. Learn more about steady retirement income that you can never outlive.

Variable Annuities*

If you are interested in seeing your money potentially grow in the market, Variable Annuities** are long-term financial products that offer growth potential that comes with increased risk. We offer experienced retirement income planning services that meet your unique needs and goals. Within its variable annuities, New York Life offers a wide array of investment options with varying asset classes and styles from well-known asset management companies.

Five Reasons to Postpone Retirement
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Your financial professional and life insurance broker will explain the many ways you can customize your annuity with add-ons, also called annuity riders, which are optional and available for additional fee. If you’re interested in a Variable Annuity, but have market volatility concerns, an accumulation benefit rider can protect your investment during the first policy year. A living needs benefit rider can give you access to your cash for unexpected needs without incurring a penalty for early withdrawal.  There are fees, guidelines, limitations, restrictions and risks to consider with variable annuities. The underlying funds available through variable annuities are subject to market risk including loss of principal. Withdrawals or surrenders may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. 

We offer many options with Immediate Income and Deferred Income Annuities, so you choose how you earn in retirement with payouts catered to your needs.

Contact Steven R. Block at BlockWall Strategies Inc. to learn more about protecting your retirement savings and your lifestyle with lifetime annuity options.

Leave a Legacy of Love & Financial Security


Life Insurance – Protect What is Most Important to You

  1. Do you know what your family would do without you?
  2. Would they be able to pay the bills?
  3. Keep the house?
  4. Pay for college, weddings or retirement?

Life insurance protects your loved ones financially in the unfortunate event of your death. You can have peace of mind in knowing that your family would have life insurance proceeds to pay ongoing expenses or generate an income stream. Protect what is important to you with a wide selection of life insurance products to suit your particular needs.

Steven R. Block is an experienced life insurance agent with proven life insurance products to meet your specific needs.

Here are some life insurance investment options that we can discuss with you as we analyze
your needs and consider a comprehensive plan to meet your goals.

Term Life

Term life insurance policies provide protection for a set period of time. This provides a simple way to begin life insurance with options to upgrade to a more permanent solution at a later time.

Whole Life

Whole life insurance gives you lifetime protection with cash value. Whole life insurance builds cash value that you can access, providing benefits and cash value when you need it. Whole life insurance can also include burial expense coverage and final expense insurance to provide financial relief in a time of death. Discuss your needs with us to determine what's best for you or your loved ones.

Universal Life

Universal Life is long term life insurance protection with the flexibility to adjust your premiums and benefits when needed, without building cash value.

Variable Universal Life*

Variable Universal Life gives you life insurance protection with a cash value that includes market-based growth potential. You’ll have the peace of mind of permanent protection and investment options with the potential to grow your cash value over time.

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*Variable annuities and Variable Universal Life products are offered through NYLIFE Securities LLC (member FINRA/SIPC), A Licensed Insurance Agency. NYLIFE Securities LLC is a New York Life Company

**Investors are asked to consider the investment objectives, risks, charges, and expenses of a variable annuity carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying investment options and can be obtained from your Registered Representative. Please read the prospectuses carefully before investing.

Mortgage Protection Insurance -
Customized Solution for Homeowners

Your home is the centerpiece of your life, it’s where your family shares precious memories that last a lifetime. Buying a home is the single largest purchase that most people ever make and is, therefore, your greatest asset. While your home provides safety, security and priceless memories, a mortgage is also a long term binding commitment.

Mortgage protection insurance can provide peace of mind in making sure that the people you love can remain in the home they love, even if you pass away before the mortgage is paid off.

Contact us for a Personalized Life Insurance Assessment

BlockWall Strategies, Inc. financial professionals and insurance brokers are here to help you figure it all out, with personal guidance, flexible options and a stable track record from an experienced life insurance advisor. Whatever your goals, we have the life insurance product to get you there.

BlockWall Strategies, Inc. are experienced life insurance brokers, with a passion for helping you reach your goals. We offer proven financial strategies and New York Life insurance products catered to your specific needs. Contact us to learn more about planning for retirement and how to protect what is most important to you.

Helpful Life Insurance and Annuities Resources

Life Insurance Calculator

Use this handy Life Insurance Calculator to help you quickly estimate how much protection your family needs at every life stage.

Life Insurance Calculator

Annuities Tax Advantage Calculator

Is there a tax advantage to an annuity? Annuity premiums are not tax-deductible. more info The tax advantage emerges when withdrawals are made (unless you withdraw prior to age 59 ½ your withdrawal may be subject to a 10 percent IRS penalty). Taxes are deferred until you make withdrawals, even as interest accrues, so it’s possible to see a dramatic effect on the potential growth of your investment. Our calculator can help you see for yourself the potential tax advantages of a fixed annuity.

Annuity Tax Advantage Calculator

Mortgage Protection Insurance Guide

Is home protection insurance right for you?

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Client Stories

Life insurance can be a valuable resource even while living.

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When the unimaginable happened, life insurance gave stability.

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BlockWall Strategies, Inc. is not owned or operated by New York Life Insurance Company or its affiliates.

Neither New York Life Insurance Company, nor its agents, provides tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional before making any decisions.

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