Create a more confident path to your retirement
Fixed indexed deferred annuities offer the opportunity to earn interest that is linked to the changes in performance of an index.
By combining protection and growth, fixed indexed annuities offer the potential to earn higher interest than you would with many fixed interest products.
How fixed indexed deferred annuities work
When you purchase a fixed indexed deferred annuity, you earn interest that is linked to the changes in performance of an index.
By tracking the performance of an index to earn interest, you’re in a position to potentially earn higher interest than you would with many fixed interest products but without added risk, because with an indexed product, you are not investing in the stock market.
At the end of the designated crediting period, your account may receive an index credit – or positive interest – based on how well that index performed.
Each year’s earnings, if any, are locked in – no matter how each index performs in the future. If the index experiences negative performance in a crediting period, you’re protected – because your index credit can never be less than zero.
When you’re ready to begin receiving income from your annuity, you can withdraw money from your contract or select from a range of income options.
These options help structure an income that’s guaranteed for your lifetime, a set period of time, for two joint lives, and/or to provide for beneficiaries.
Benefits to you
- Interest crediting that tracks the performance of an index
- Protection from negative market performance, since interest credited can never be less than zero
- Locked-in interest earnings, with the potential for continued future growth
- The ability to accumulate savings faster through tax-deferred compounding
- Options for receiving income in retirement, including the ability to create a guaranteed stream of income that can’t be outlived
Optional living benefits
Add optional living benefits to your annuity contract. These extra features can provide an additional layer of protection and the opportunity for accelerated growth of your retirement income, regardless of market performance. Optional benefits are available for an additional cost.