An annuity provides guaranteed income during retirement if you were to outlive your savings. An annuity may provide financial security and peace of mind because the income is guaranteed to last a lifetime.
Safety: Fixed annuities have no investment risk. The money is safe from the market’s ups and downs.
Certainty: Fixed annuities provide a variety of ways to receive income for life and it’s guaranteed.
Protection: Fixed annuities protect both premium and interest as it grows along with the lifetime payments throughout retirement.
Tax Deferral: Fixed annuities are tax-deferred, which helps increase interest earnings.
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