Accumulation potential
Some annuities have the potential to earn interest based on the growth of an external index. You can choose from one or more external indexes and crediting methods, depending on your financial goals.
Tax-deferred growth
You don’t have to pay income taxes on the earnings in your contract until you take money out of your annuity. Tax deferral may help the money in your annuity compound over time, for even greater accumulation potential.
Level of protection
Annuities can help protect the money you place in your contract (the “principal”). Some annuities protect all of your principal from market downturns, while others offer greater potential in exchange for some market risk, including the risk of losing principal.
Retirement income
After a period of time specified by your contract, annuities provide guaranteed retirement income for as long as you live. Some annuities let you choose from a variety of income options – and some even offer the opportunity for income increases in retirement.
Types of Annuities We Provide
Fixed (3-, 5-, and 10-year)
- Fixed annuities offer a guaranteed interest rate set by the insurer.
- They provide stable, predetermined payments over the life of the contract.
- These are often chosen for their reliability and protection against market fluctuations.
Indexed
- Fixed indexed annuities link returns to a market index, like the S&P 500.
- They offer the potential for higher returns compared to fixed annuities while safeguarding against market losses.
- These annuities provide a balance between security and growth potential.