Secure Your Retirement with Annuities

Annuities

Annuities are financial products designed to provide a steady income stream during retirement. Learn how they can help you achieve financial security

An annuity is a contract between you and an insurance company.

You make a lump-sum payment or a series of payments, and in return, the insurer agrees to make periodic payments to you, either immediately or in the future

If you’re looking for a steady source of retirement income with minimal risk, an annuity may sound like a tempting option.

Annuities are financial products sold by insurance companies. When you buy an annuity, you’re agreeing to deposit a large sum of money with the insurer. They’ll invest it on your behalf, and then return it to you through a series of regular payments

Annuities

Types of Annuities

Fixed Annuities

Provide regular, guaranteed payments. The interest rate is fixed and does not change over time.

Payments vary based on the performance of investments chosen by the annuitant. These offer higher growth potential but come with more risk.

Returns are linked to a market index, such as the S&P 500 They offer a balance between fixed and variable annuities, with moderate risk and growth potential

Variable Annuities

Indexed Annuities

Compare different Types of Annuities

Feature

Interest Rate

Risk Level

Growth Potential

Guaranteed

Low

Moderate

Market-Based

High

High

Index-Linked

Moderate

Moderate to High

Fixed

Annuities

Variable

Annuities

Indexed

Annuities

Benefits of Annuities

Earnings on the Annuity grow tax- deferred until you start receving payments.

Tax Deferred Growth

Customizable Options

Guaranteed Income

Annuities can be tailored to meet your specific financial needs and risk tolerance

Provides a Reliable Income stream, wich can be for life or a specified period.