Fixed Annuities
Provide a guaranteed interest rate for a specified period, offering predictable growth and protection from direct market losses.
Understanding Annuities
Learn how annuities can help protect retirement assets, create dependable income, and support a long-term retirement strategy.
Principal Protection
Help protect retirement assets from direct market losses.
Growth Potential
Earn interest based on the terms and crediting options of the annuity.
Retirement Income
Create an income stream designed to help support retirement needs.
What Is an Annuity?
An annuity is a contract issued by an insurance company designed to help you accumulate money for retirement and, depending on the product, create a stream of income you can rely on. Different types of annuities offer different combinations of protection, growth potential, access to funds and income options.
Fixed Indexed Annuities
Offer growth potential based in part on changes in a market index, while protecting principal from direct market losses.
Income Annuities
Provide a stream of guaranteed income for a specified period or for life. Options may include immediate income through a Single Premium Immediate Annuity (SPIA) or income beginning at a later date.
How Can an Annuity Fit Into Your Retirement?
Different Goals. Different Solutions.
Protect
Help protect retirement assets from direct market losses.
Grow
Build retirement assets through guaranteed rates or index-linked interest potential.
Create Income
Turn a portion of retirement assets into dependable income for a specified period or for life.
Is an Annuity Right for Everyone?
Annuities can be valuable retirement tools, but the right solution depends on your individual goals, time horizon and need for access to your money.
Your Time Horizon
Annuities are generally designed for longer-term retirement goals and may include surrender charges for early withdrawals.
Access to Your Money
Many annuities provide some access to funds, but withdrawal provisions and potential charges vary by contract.
Your Retirement Goals
The right strategy depends on whether your priority is protection, growth potential, income, legacy planning, or a combination of goals.
Ready to Explore Your Retirement Options?
Every retirement is different. Our team can help you explore annuity and retirement strategies based on your goals, priorities and financial situation.
Guarantees are backed by the claims-paying ability of the issuing insurance company.