Building and preserving wealth together.



Create the retirement story you want with an annuity

How do you anticipate spending your retirement? Exploring new passions, spending more time with family and friends, volunteering, traveling? An annuity can help accumulate retirement assets and provide multiple options for taking retirement income – including the option to receive a steady stream of guaranteed income for life – so you can make the most of your well-deserved retirement years.

Income now or later?

An immediate annuity offers the opportunity to generate a guaranteed stream of income, starting within a year after purchase. Your initial lump sum of money is converted into a series of income payments, in a frequency of your choosing: monthly, quarterly, semi-annually or annually.

A deferred annuity offers the opportunity to grow your assets while you wait to begin receiving your future income stream. During this time of accumulation, your assets grow tax deferred. In other words, you will not pay any taxes on your investment gains until you begin receiving income from your annuity investment. Tax deferral allows you to grow your assets faster, because gains aren’t reduced annually by taxes.

There are different types of deferred annuities, each with a different way of growing assets:

  • Fixed deferred annuities offer guaranteed growth at a specific interest rate, making them a lower-risk, predictable investment.
  • Variable deferred annuities offer the ability to invest your contributions in variable investment options, making them a good fit for those who want market participation and are prepared to face market risk.
  • Indexed fixed deferred annuities offer an opportunity to add potential growth with protection to a fixed income retirement portfolio. The interest is calculated by using a formula based on changes in an index to which the annuity is linked.

Contact your Advisor to today and to Request an annuity quote