Fixed Annuities
Secure, Guaranteed Returns
for Your Retirement
Steady Income You Can Count On
What Are Fixed Annuities?
Fixed annuities are a safe, predictable way to grow your savings and guarantee income during retirement. They offer fixed interest rates, tax-deferred growth, and the option for lifetime income payouts.
We'll help you understand how fixed annuities can complement your retirement strategy, reduce financial risks, and provide peace of mind.
What's Typically Covered
Fixed annuities guarantee a set interest rate over a specified term and provide the option to convert your balance into reliable income streams.
Common Add-Ons
Some annuities offer riders like inflation adjustments, death benefits for beneficiaries, or flexible payout options.
Who Typically Uses This Coverage
Fixed annuities are ideal for individuals nearing or in retirement who want to protect their savings from market volatility while ensuring predictable returns.
Frequently Asked Questions About Fixed Annuities
Annuities can seem complicated, but we've answered common questions to help you feel confident in your retirement planning.
Your Questions About Fixed Annuities-Answered
How safe are fixed annuities?
Fixed annuities are backed by the issuing insurance company and are not tied to market performance, making them a low-risk option.
What interest rates can I expect?
Rates vary, but many fixed annuities offer 3-7% guaranteed returns, depending on the term.
Can I withdraw funds early?
Yes, but early withdrawals may involve surrender charges or tax penalties before age 59½.
Are fixed annuities tax-deferred?
Yes, earnings grow tax-deferred until you withdraw them, helping your money compound faster.
Can fixed annuities provide lifetime income?
Yes, you can choose payout options that guarantee income for life.