The retirement tool that’s simpler than you think
Demystifying Annuities
In this episode, we break down the basics of annuities — what they are, how they work, and how they can be a part of your retirement planning. Our guest uses everyday analogies to help make this financial tool feel simple and relatable in an educational way.
Want some help figuring out how to reach your retirement goals?
With different growth strategies, you can choose the level of investment risk and reward that appropriately meets your long-term goals. And if you’re maxing out your 401(k) or IRA and want to save taxable nonqualified dollars too, you can save even more — with the potential for tax-deferred growth — by purchasing a non-qualified annuity with no contribution limits.
If you’re five to 10 years away from retirement and you want to take advantage of the time to strengthen your savings, consider a fixed indexed annuity or a registered index-linked annuity (RILA). Both can speed principal growth by linking your money to market returns and protecting it from downturns.
If you’re already retired — or will retire this year — you can purchase an immediate annuity that will start generating income within one year. Choose to receive payments for the rest of your life, or a set time, for example 10 years to ensure a mortgage obligation is paid off in retirement.
Annuities for retirement
Get a guaranteed stream of income to help pay expenses after you stop working.
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Guardian annuities are issued by The Guardian Insurance & Annuity Company, Inc. (GIAC), a Delaware corporation whose principal place of business is 10 Hudson Yards, New York, NY 10001 (800) 221-3253. GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America (Guardian). Together, these companies offer a wide variety of retirement and financial security products, including life insurance, annuities, and disability income insurance.
Product availability and features may vary by state. Annuity guarantees are back exclusively by the strength and claims-paying ability of The Guardian Insurance & Annuity, Inc. (GIAC).
