Are you prepared to make your retirement dreams come true?
With longer life expectancies, fewer pension plans, doubts about Social Security, and market volatility, it’s harder than ever to feel secure about your retirement income. That’s why many people are turning to annuities(1).
An annuity is a contract with an insurance company that can help you put away money for retirement on a tax-deferred basis and provide an income stream during retirement that is guaranteed(2)
to last as long as you do. You can decide when that income stream starts—now or in the future—and you have options that will provide for your loved ones after your death.
An income annuity
provides guaranteed(2) , predictable income that you can’t outlive. When you purchase an immediate annuity with a retirement or personal savings account, you turn it into a reliable, lifelong retirement income stream you can count on. You choose an annuity based on whether you want a payment that is fixed or one that increases by a specific percentage each year.
There are many types of annuities to choose from, depending on your goals, time frame, risk tolerance and family situation.