Broker Check

Fixed, Indexed, and Variable Annuities

Fixed Annuities:

  • Stability and Predictability: Clients seeking stable and predictable income in retirement may be interested in fixed annuities. These annuities offer a guaranteed fixed interest rate, providing assurance of regular income without exposure to market volatility. They are suitable for risk-averse individuals who prioritize capital preservation and a steady income stream.

Indexed Annuities:

  • Balance of Growth and Security: Clients looking for a balance between potential for higher returns and capital protection may find indexed annuities appealing. These annuities offer the opportunity to participate in market gains, albeit with limits, while ensuring a degree of downside protection. They are suitable for those seeking some growth potential without taking on full market risk.

Variable Annuities:

  • Market Exposure and Flexibility: Clients who want to invest in the market and potentially achieve higher long-term returns may consider variable annuities. These annuities provide exposure to various investment options, such as mutual funds, allowing for growth potential. They are suitable for individuals comfortable with market fluctuations and looking for flexibility in designing their retirement income strategy.

It's essential for clients to consult with their financial advisor to determine which annuity type aligns best with their financial goals, risk tolerance, and overall retirement plan. Each annuity type has its advantages and considerations, making it crucial to tailor the choice to the client's unique circumstances. Contact us to find the right fit for your future.

Annuities are long-term investments designed for retirement purposes. Withdrawals of taxable amounts are subject to income tax and, if taken prior to age 59½, a 10% federal tax penalty may apply. Early withdrawals may be subject to withdrawal charges. Optional riders have limitations and are available for an additional cost through the purchase of a variable annuity contract. Guarantees are based on the claims paying ability of the issuing company.

Have a Question?

Thank you!