Your principal is protected from market downturns while still having the potential to earn interest based on market performance.
Guaranteed income options
Convert your annuity into a reliable stream of income that you can't outlive, providing long-term financial security.
Frequently Asked Questions
Annuities can provide a reliable source of income during retirement, offer tax-deferred growth, and in some cases, guarantee a minimum income regardless of market conditions.
Annuities are generally considered safe because they are offered by insurance companies, which are regulated. However, the level of risk can vary depending on the type.
Fixed indexed annuities typically have lower annual fees than variable annuities, but costs are built into the rate limitations (caps and participation rates). The insurance company keeps the difference between the full index return and what they credit to you. Early withdrawal results in surrender charges as shown in the schedule above. Optional income riders may have additional annual fees of 0.5-1.5% of account value.
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