Annuities
Annuities let you put in a lump sum or make ongoing contributions now, in exchange for guaranteed payments later. Your money can grow tax-deferred until you take it out, and some even offer income for life.
Want to know if an annuity is the right fit for you?
Quick Facts
Coverage Duration
Retirement Years
Cash Value
Tax-Deferred Growth
Premium Type
Flexible Contributions
Best For
Income Security
Why Choose Annuities?
A retirement product that provides tax-deferred growth and can guarantee lifetime income.
Guaranteed Income
Get steady payments for life, no matter how long you live.
Tax-Deferred Growth
Your earnings grow without yearly taxes, so more stays invested.
Flexible Options
Choose from different payout styles and investment approaches.
Principal Protection
Annuities protect your initial investment from market losses.
Who’s it for?
Those focused on retirement income security and tax-deferred savings.
Pre-Retirees
Building tax-deferred retirement income
Risk-Averse Investors
Guaranteed growth and income options
High Earners
No contribution limits for tax deferral
Retirees
Immediate or future guaranteed income streams
Legacy Planners
Spousal income with death benefits
Conservative Savers
Principal protection with growth potential
Before You Decide
Use this comparison to see if this policy really fits what you’re looking for.
Pros
- Tax-deferred growth accumulation phase
- Can guarantee lifetime income payments
- Principal protection options available
- No contribution limits like 401(k) or IRA
- Multiple payout and investment options
Cons
- Earnings are taxed as ordinary income upon withdrawal
- Penalties apply for early withdrawal before age 59½
- Fees can be higher than other investment options
- Complexity - many different types and features
- Liquidity may be limited during accumulation
Case Studies
See how Annuities works for different life situations and financial goals.
Creating a Pension-Like Income Stream
How do you bridge the gap between retirement and Social Security without draining your savings — especially when market swings could hit hardest in those early years? For Mark and his wife, the answer was to create their own pension-like stream of income, giving them the confidence to retire on schedule while keeping long-term growth potential intact.
Learn more about Creating a Pension-Like Income Stream
Using a Fixed Indexed Annuity as a Tax-Advantaged Wealth Builder
What do you do when life insurance is off the table — but you still want tax-advantaged growth and protection from market volatility? For David, a recent health setback closed one door, but it opened another. With the right strategy, he found a way to safeguard his wealth, minimize tax drag, and set the stage for both income and legacy.
Learn more about Using a Fixed Indexed Annuity as a Tax-Advantaged Wealth BuilderWant to know if Annuities is the best fit for you?
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