Annuities

Annuities can help eliminate one of your fundamental concerns: Outliving your savings. They offer you guaranteed lifetime income payments, which give you:

• Freedom to fulfill your retirement dreams
• Financial peace of mind
• Flexibility to use your cash however you choose

An annuity is an insurance plan you invest in. Your money grows tax deferred until you receive regular payments.

Unique among insurance products, annuities offer you:

• Guaranteed lifetime income payments that you can't outlive
• Your money grows tax deferred, which minimizes the taxes you have to pay when you start receiving payments
• Flexible payout options that can meet your financial needs

Determine Your Need

Who needs annuities and what are some of the most common uses of annuities? Factors to consider are your age, your retirement goals and the overall mix of your financial portfolio.