Annuities

Annuities are financial products designed to help provide a reliable source of income during retirement. They can help protect your savings, offer guaranteed income options, and support long-term financial security based on your retirement goals.

Whether you’re looking for income today, planning for future retirement income, or seeking protected growth for your investments, there are several types of annuities available to meet different financial needs.

Types of Annuities

Explore the different annuity options available:

• Multi-Year Guarantee Annuities (MYGAs)
• Fixed Index Annuities
• Variable (Deferred) Annuities
• Single Premium Immediate Annuities (SPIAs)
• Deferred Annuities
• Qualified Longevity Annuity Contracts (QLACs)

Why Consider an Annuity?

Annuities may help you:

• Create a dependable retirement income.
• Protect a portion of your retirement savings.
• Reduce the impact of market volatility.
• Support long-term financial planning.
• Diversify your retirement strategy.

Understanding Sequence of Returns Risk

One of the biggest challenges retirees face is sequence of returns risk—the possibility that poor market performance early in retirement could significantly reduce the longevity of retirement savings. Certain annuity strategies can help provide predictable income and reduce the impact of market fluctuations, helping retirees maintain greater financial confidence throughout retirement.