Annuities: A Safe, Predictable Retirement Strategy

Annuities provide a secure way to grow your savings,
protect your principal, and ensure lifelong retirement income. Explore the options below to find the right fit
for your financial future.

“Protect your savings, grow your money, and create predictable income for life with an annuity.”
*Guarantees are subject to the claims-paying ability of the issuing insurance company

What is an Annuity?

A Smart, Safe Way to Secure Your Retirement

An annuity is a long-term financial product issued by an insurance company that may help grow your savings, provide tax deferral, and, in some cases, offer guaranteed income.*

Steady, reliable income for life.

Protection from market downturns.

Tax-deferred growth: Taxes on interest earnings are deferred until with- drawal, at which point they are subject to ordinary income tax rates. Consult a tax professional for specific advice.

Whether you want guaranteed growth, lifetime income, or tax advantages, annuities offer flexible solutions to fit your needs.

SPIA vs. Other Retirement Income Options

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Annuity Type
Group 1000006212 (7)
Best for
038---Employee-Benefits
Key Benefits
Group 1000006212 (8)
Market Risk?

MYGA (Multi-Year
Guaranteed Annuity)

You want a safe, CD-like return
Fixed guaranteed rate for 3-10 years

3, 5, 7, 10 years
(Learn More)

Fixed Annuity

You want stable growth with guaranteed interest

Steady, tax-deferred growth

5-10 years
(Learn More)

Fixed Indexed Annuity
(FIA)

You want growth po- tential with no market risk
Gains linked to market performance, but no losses

5-15 years
(Learn More)

SPIA (Single Premium
Immediate Annuity)

You need immediate guaranteed income
Converts savings into guaranteed lifetime payments

Lifetime or Period Certain
(Learn More)

DIA (Deferred Income
Annuity)

You want future income security
Lock in future income now, payouts begin later

Lifetime or Period Certain
(Learn More)

QLAC (Qualified Longevity
Annuity Contract)

You want to defer Required Minimum Distributions (RMDs)
Defer taxes and guaran- tee income later in life

Lifetime or Period Certain
(Learn More)

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Retirement Income Option
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Best for
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Key Benefits
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Market Risk?

SPIA (Single Premium
Immediate Annuity)

Retirees who need
immediate, guaranteed income

Fixed, reliable payments for life or a set period

N0

401(k) or IRA
Withdrawals

Those who want flexibility
Access to funds, but must manage withdrawals

yes

Fixed Indexed Annuity
(FIA)

Those who want poten- tial growth & income
Gains linked to the market, but no losses
No

Stocks & Dividends

Investors comfortable with market swings
Potential for higher re- turns, but no guarantees
Yes

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Find the right annuity for your retirement.

FAQs

Have questions about annuities? Here are the answers to the most common questions we receive:

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