Fixed Annuity

Designed for people who are looking to save money and have the ability to draw protected income from their annuity for retirement.

How It Works

A Fixed Annuity provides a fixed interest rate that offers a high level of predictability, along with flexible payment choices including the option for a lifetime income.

Features

• Rate of interest is guaranteed for a specific period of time.
• Protection from market downturns.
• A choice of payment options, including protected lifetime income for as long as you live.
• Income can begin immediately or be deferred to a later date.
• You may not have to pay taxes on any interest earned until the money is withdrawn.
• Access to your funds at any time, possibly subject to charges.
CONSIDERATIONS:
• There may be charges and a tax penalty for early withdrawals.

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