Annuities are retirement products that can help provide a steady, guaranteed stream of income in retirement. You can contribute to an annuity as part of your retirement strategy alongside any contributions you make to a 401k, IRA, or pension.
We offer a variety of annuities, each designed to meet different needs, many of which have tax-deferred growth. Whether an annuity has a fixed rate, enables you to invest in the market, or only requires one payment for you to start getting guaranteed income, the right annuity for you depends on your retirement goals.
Consider an annuity if you want to receive guaranteed income during your retirement. Fixed and variable annuities are great options for people thinking about their long-term retirement (10-20 years to retire), while immediate annuities are good for those nearing retirement who want income right away.
An annuity is a contract with an insurance company that can guarantee income for your retirement years. An immediate annuity can begin income-for-life payments within a year of the purchase, or payments can be postponed to the future with a flexible premium deferred income annuity.
Everyone should plan for their retirement. Annuities are an additional way to plan for your future, along with an IRA, 401(k), or pension. Creating a stream of lifetime guaranteed income, can be a critical component to a retirement strategy.