Welcome to floridaannuity.net and rossgrossman.com

My name is Ross H. Grossman, EA and I have been helping clients with a safe retirement with no worries and preparing Income tax returns for 20 years!

While developing a Financial Roadmap©, we will walk you through a step-by-step process that will help make you feel confident in your decisions concerning annuities.

These are your Dreams, Goals and Desires, not ours! We are here to help you create it. If you are concerned about a steady income flow or concerned with market risk, please call us at  954-430-1960.

Please fill our annuity quote contact form and let us know exactly what you are interested in.

Want to figure out how to lower your mortgage or how about calculating how long it will take you to pay off your credit cards? Click here.

Just browse through the "learning center" and choose any topic that you want to learn more about. It's that simple! Don't be afraid to click any topic. You will stay right here at the site.

Please click here for an amazing tax library of tips, tricks and deduction opportunities. 

Suze Orman actually makes sense in this short clip.


 National Averages for CD Rates, Bank Rates, Fund Rates and Key RatesNational Averages for CD Rates, Bank Rates, Fund Rates and Key RatesNnn

List of Retirement Services offered are:

  • Fixed and Indexed Annuities
  • Budget Consultation
  • Disability Income
  • Life Insurance
  • Long-Term Care Insurance
  • Retirement Income Planning


Have you ever wondered if you are ready to plan your retirement or better yet, have you saved enough to fund your retirement? With the rates from the national average of CD and money market rates, YOU ARE losing valuable income. In fact, inflation is taking a huge chunk out of your income!

Pension Plans are almost like the dinosaurs...extinct. Unfortunately for many of us, we must rely on our IRA's, 401K or 403b plan. Some of you may have a defined benefit plan or some other type of retirement account. The market is at an all-time high and has sustained this growth for 8 years. Is it time to think ahead?

Even if you have a mixed portfolio or some type of asset allocation, you have seen many extreme swings in the market. By all means, this website is not suggesting for one moment that you need to abandon your retirement plan or discontinue investing in the market. Everyone's risk tolerance is different. The market always seems to rebound, but timing the market at the precise time you need it to is tough.

So the main question is this... How can I insure myself against these market swings and set up a retirement plan that will take the guesswork out of my retirement? Give up? *Annuities!


We are living longer than ever as a society. Many retirees are worried about outlasting their savings!

With many choices out there, we'll discuss what's important to you at Premier Financial Services. We  will attempt to take the guesswork out of your decisions. These decisions will only be based on your wants and desires, not ours!

Although we are quite familiar and answer most of your questions concerning them, we do not offer Variable Annuities.

Annuities can be used with the money you have in your savings account or CD's. They can also be used with all of your retirement accounts as well, like 401K's and IRA's. Most fixed and equity indexed annuiities are usually for those type of people that are risk averse, meaning you are not willing to chance the loss of most of your principle. We will help determine if you are a conservative, moderate or aggressive investor.

People that tend to be aggressive are also willing to see their money being on the downside as well. In 2008, many portfolios lost 30-50% in a very short period of time. Annuities can help you keep your principal, while assuring you, if you choose, a future income that you can never outlive.

Quick question for you! If you want to double your money over the next 10 years,what compounded interest rate percentage do you need to earn?

Answer: 7.2% This is the rule of 72.

72 divided by 10 equals 7.2

Many of our annuities, for income purposes only**, can offer this type of return for you. Let us show you how we can help expand your retirement account for you and your family. Many people think of annuities as a bad word or a misinformed word. These are not your parents old annuities where the beneficiary received nothing and the insurance company kept your parents money. Things have changed drastically over the last 10 years and you deserve to know what is available to you!


This video shows a couple who protected their retirement with an Equity Indexed Annuity.


There are several names for these types of annuities. You may have heard fixed equity indexed annuities or fixed equity annuities. The proper term is Equity Indexed Annuities. They are very unique because you will only make money when the market is up and never lose a dollar when the market is down. Let's give you an example.

In 2008, when the market slid almost 40% many people were worried about their nest egg. If you had $100,000 in the market, it very well could have been $60,000 based on your allocation.

If you had an Equity Indexed Annuity, your money would be tied to an "Index" or several index choices like the S&P 500 or the NASDAQ. If by the end of your contract year, assuming your contract year ended toward the end of 2008 and you had $100,000 in this annuity, you would have lost ZERO dollars! It's hard to believe, but its true. We want you to fully understand the pros and the challenges of your investment.

We work with mostly A-Rated type companies to get you the safety you are looking for. Annuities are not FDIC insured, but all states, including Florida have a state guaranty for protection. Ask us for details.

*An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date.

Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a specified minimum amount, such as your total purchase payments. While tax is deferred on earnings growth, when withdrawals are taken from the annuity, gains are taxed at ordinary income rates, and not capital gains rates. If you withdraw your money early from an annuity, you may pay substantial surrender charges to the insurance company, as well as tax penalties. Guarantees are based on the claims paying ability of the insurance company.

In an indexed annuity, the insurance company credits you with a return that is based on changes in an index, such as the S&P 500 Composite Stock Price Index. Indexed annuity contracts also provide that the contract value will be no less than a specified minimum, regardless of index performance. We do not offer Variable annuities.wwww

As each individual’s tax situation is different, take time to consider all the facts and consult with your tax advisor before initiating an annuity. Distributions received before age 59 1/2 are subject to an early distribution penalty of 10% additional tax unless an exception applies. This information is not intended to be a substitute for specific individualized tax, legal or estate planning advice.

** Income riders are attached to the initial investment with the insurance company for a fee. The fee is withdrawn from your actual account value, but could be assessed from your income value. It is very important to understand all features and benefits before you purchase any annuity. All actual account values are guaranteed by the insurers to never lose principal and share in the gains of the market and never incur losses in a down market as well. These products offer very specific needs and to be very clear, you are not vested in the stock market. These annuities are considered fixed products with a hedge against inflation and market volatility.



This is our 20th year preparing tax returns for our clients. Ross H. Grosman, EA is an Enrolled Agent. This is the highest honor a Tax Advisor can get with the IRS. 

We will usually complete your return the very same day you make your appointment. Our tax practice has grown strictly by word of mouth!


List of Tax Services:

  • Budget Consultation
  • Corporation Set-Up
  • E-file Provider
  • IRS Audits
  • Quarterly Filings (940, 941, 944, RT)
  • Tax Returns (1040, 1120, 1120S, 1065, 1041)
  • W-2 and 1099 Preparation