Whether you’re already retired or years away, you can feel more confident in your planning with guaranteed income from a fixed or variable annuity. Choose from fixed annuities with a stated payout rate, or variable annuities with a payout rate based on market performance.
We may be able to help you save money. Our Annuity Specialists can review your existing annuity from another carrier to determine whether we can save you money in fees and potentially find a lower-cost alternative with our competitive solutions. They can also review your existing policy to make sure it aligns with both your goals and long-term investing strategy.
Investors should consider any policy replacements or exchanges carefully, as charges and loss of benefits may be associated with surrendering an existing policy.
|Benefits||Single premium immediate annuity||Deferred income annuity||Fixed deferred annuity||Variable annuity with optional GLWB benefit*||Fixed index annuity with optional GLWB benefit*|
Offers guaranteed income for life
Offers a tax-advantaged income stream
Can provide a steady, guaranteed stream of income immediately
Can provide a steady, guaranteed stream of income at some point in the future
Locks in higher payout rates the longer you wait to receive payments
Growth potential tied to performance of underlying accounts
Asset growth compounds tax-deferred
Can provide a financial legacy for your beneficiaries
Offers access to your funds (prior to annuitization)
Additional tax penalty if receiving payments before age 591/2
*GLWB= Guaranteed Lifetime Withdrawal Benefit, available at an additional cost
** For Single Premium Immediate and Deferred Income annuities with Period Certain, Installment Refund, Cash Refund, or Death Benefit options