The owner of GSL Advisory, Ed Lichtig, provides a wide range of financial services in addition to hosting Indexed Annuity Radio Show. Ed Lichtig also values spending time with his wife and two children, and supports the initiatives of the National Wildlife Federation.

The National Wildlife Federation’s (NWF) Hike and Seek event took place on September 29, 2012 at the Bemis Woods Forest Preserve, located in Western Springs, Illinois. This Chicago-based event helped to raise funds for the NWF, and encouraged families to explore outdoor activities. The hiking trail featured five Stop & Study Stations, interactive activities geared towards children. The event also featured a scavenger hunt. Additionally, the base camp offered displays of live wildlife, and opportunities for children to have their photo taken with the character Ranger Rick. The Hike and Seek event encourages a healthy, active lifestyle; this improves concentration and reduces aggressive behavior. Proceeds from the event go on to fund the NWF’s many initiatives that help children connect with nature.

Edwin Lichtig, the owner of GSL Advisory Financial Services, has more than 25 years of experience marketing and selling various financial products and annuities all over the country. GSL Advisory Financial Services offers traditional financial products as well as alternative annuities. Ed Lichtig earned his master of business administration from the University of Maryland after studying math and computer sciences at Trinity College. 

A traditional annuity is created when an individual agrees to pay a life insurance company a premium that will be redistributed to the individual over time. The two main types of annuities are immediate annuities and deferred annuities. Immediate annuities are more common and involve an insurance company issuing regular payments either at a fixed rate or increasing as time goes on until death or a predetermined date is reached. Immediate annuities can also be integrated with other investments so that the level of return will rise or fall depending on the success of those investments. The primary purpose of this type of annuity is to take advantage of tax growth and provide retired investors with a pension later in life. Deferred annuities work in a similar manner, but are more profitable when earnings are acquired at a later date in the form of a lump-sum payment. Money in a deferred annuity is not taxed until it is withdrawn, meaning a higher total sum is growing over the years and not being taxed. Upon withdrawal, however, all interest is taxed immediately as traditional income. Choosing between annuities is a personal matter, but immediate annuities are generally utilized by families as a safety net and future source of income, while deferred annuities are more of an alternative investment.