An annuity pays income in retirement, can provide a guaranteed death benefit and generally provides tax deferral.
An annuity is a long-term insurance product.
Many people purchase an annuity to provide a combination of protection through death benefit(s), tax deferral and income in retirement.
Get fixed income for life through annuities. Ensure that you balance your portfolio by adding immediate and fixed indexed annuities.
An annuity is a contract between you and an insurance company to cover specific goals, such as principal protection, lifetime income, legacy planning or long-term care costs.
If you have maxed out your 401K and IRAs, then annuities provide more tax-sheltered ways to save for retirement. Since annuities have no contribution limits, you can save to your heart’s content.