Safety, Stability and Guarantees
Choose a fixed annuity for defined growth of principal and interest, free from taxes until your money is withdrawn. Fixed annuities generally guarantee a fixed amount of interest for several years; others guarantee rates from one to three years, and renew at the option of the insurance company.
Product Features
- Tax-Deferred Growth: Taxes are deferred on the interest you earn until it is withdrawn.
- Guaranteed Interest Rate
- Guaranteed Principal: Assets are not subject to market fluctuations. Your principal can never decline in value.
- Guaranteed Renewal Rate
- Benefits to Heirs: Death benefits paid directly to a named beneficiary are not subject to probate.
- Benefits to Spouses: Spousal beneficiaries may continue tax deferral if so desired.
