A Fixed Index Annuity (FIA) is an insurance contract between you and a life insurance company designed to help you accumulate assets for retirement. They offer lower financial risk, conservative returns, and protection for market ups and downs. You pay a premium to the insurance agency in return for regular income payments over a period of time, beginning at some point in the future. If you are looking for a retirement strategy that protects your principal, has some good upside potential, and provides a predictable guaranteed lifetime income stream in retirement1, an FIA may be something to consider.
Are you in or near retirement? One of the most common fears for retirees and those planning for retirement is outliving their money. Learn how annuities can help generate a steady stream of income or increase your current savings. They can also help you leave a legacy and provide income for your heirs.
The purchase of an annuity is an important financial decision. Be sure to schedule a full discussion with our company about your retirement needs before making any decisions.
1Product and features may differ depending on the state of issuance and may not be available in all states. Guarantees are backed by the financial strength and claims-paying ability of the issuing company.
Purchasers may experience fees and expenses, including withdrawal charges, market value adjustments, rider premiums, etc., which will affect contract values. Interest credits are based on a formula that takes into account the performance of an index. Purchasers are not investing in the index and will not experience the same returns as the index or a related index mutual fund. Purchasers will participate in only a stated percentage of an increase in an index, as the annuity imposes a “cap rate.”
Guarantees and early withdrawal may cause a loss of principal due to withdrawal charges. Guaranteed income rider may not be available to all investors and comes with an additional expense. All guarantees are based on the claims paying ability of the issuing company. They don’t apply to the investment performance or safety of the underlying investment options.