You can safeguard your retirement nest egg despite uncertain markets and you can turn your savings into monthly income that will last as long as you live.
An annuity is a long-term retirement savings product that can help protect you from outliving your money. It’s a contract between you and an insurance company. When you put money into an annuity, you create something that will in turn pay you an income month after month, year after year, for as long as you live if you like.
There are a few different types of annuities. Each type offers different options, so you can get exactly what you need.
A Fixed Annuity is well suited if you’re retired and/or happy with a very predictable rate of growth in your annuity.
An fixed annuity grows at a rate set annually, but never lower than the guaranteed minimum interest rate determined at the time you purchase the annuity. A fixed annuity comes in both the immediate and the deferred type, depending on when you need to take income.
With a Fixed Indexed Annuity you have the potential for growth at a higher rate without the risk of losing your principal or being directly in the stock market.
Unlike a traditional fixed annuity where the insurance company sets the interest rate, an indexed annuity credits interest based partly on the upward movement of a major-market stock index.
For an annuity that’s built around you and your life, we need to know a few things about you and what’s important to you. You can get started today by calling 800-818-2946 for specific annuity information regarding your needs.
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