Your retirement dreams can become reality when they're built on a secure financial foundation. Fixed annuities are insurance products that can help you achieve two important goals. They can help you protect and grow the money you put aside during your working years. And they can provide guaranteed income to help you live out your retirement dreams.
An annuity is a long-term retirement savings product that can help protect you from outliving your money. It has the potential to grow tax-deferred, have death benefits to protect your beneficiary and optional living benefits to protect your retirement income. You can choose how to fund your annuity, how interest is credited to it and how you take payments from it.
A fixed indexed annuity has the potential for higher interest earnings than a traditional fixed annuity with a guaranteed minimum interest crediting rate. There's also no direct downside market risk to your money, if held through the withdrawal charge period.
A fixed indexed annuity can help you save money on a tax-deferred basis and can guarantee you'll receive income for life. So no matter how long you live, you won't outlive your retirement income.
Help to fill in the gaps for Retirement
Often Pensions, IRAs and Social Security don't provide enough income to help you live the way you want during retirement. A fixed indexed annuity can help supplement your retirement income.
With an annuity, you can provide your loved ones, favorite charity with a death benefit in the event of your death.