Guaranteed income for retirement. Convert a lump sum into steady, predictable payments you can't outlive. Tax-deferred growth with multiple payout options to fit your retirement goals.
See if annuities match your needs
Why annuities are a smart choice for retirement
Receive steady payments for as long as you live. Never worry about running out of money in retirement.
Your money grows tax-deferred until you withdraw, allowing your investment to compound faster over time.
With fixed annuities, your principal is protected from market volatility. Your savings remain secure regardless of market conditions.
Choose the payout schedule that fits your needs — lifetime, joint, period certain, or lump sum options available.
Everything that comes with your annuity
Reliable payments you can depend on throughout retirement
Your funds grow without immediate tax obligations
Remaining value passes to your loved ones
Choose between fixed rates or market-linked growth potential
Your principal is protected from market downturns
Contribution
Various Amounts
Options
Immediate or Deferred
Flexible contribution amounts with both immediate and deferred payout options to match your retirement timeline.
Common questions about annuities
Fixed annuities offer a guaranteed interest rate and predictable payments — your principal is protected from market risk. Variable annuities allow you to invest in sub-accounts (similar to mutual funds), offering higher growth potential but with market risk. Many people choose fixed annuities for security and variable for growth potential.
The best time depends on your financial goals. Deferred annuities work well during your earning years, allowing your money to grow tax-deferred. Immediate annuities are ideal when you're ready to convert savings into income — typically at or near retirement. The earlier you start a deferred annuity, the more time your money has to grow.
Most annuities allow partial withdrawals, but early withdrawals before age 59½ may incur a 10% IRS penalty plus income taxes. Many contracts also have surrender charges during the first several years. Some annuities offer a free withdrawal provision (typically 10% per year). Your advisor can help you understand the specific terms of your contract.
It depends on the payout option you selected. With a life-only annuity, payments stop at death. With a joint-and-survivor annuity, payments continue to your spouse. Period-certain annuities guarantee payments for a set number of years — if you pass away early, remaining payments go to your beneficiaries. Most annuities also include a death benefit during the accumulation phase.
Speak with a licensed advisor to find the right annuity for your retirement goals. No obligation, no pressure — just expert guidance.
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