Immediate annuities provide guaranteed lifetime income or income for a specified period for an individual or their spouse. Fixed annuities are long-term financial retirement vehicles that offer moderate growth potential and account values will not be reduced due to negative market returns. Fixed Annuitiesįixed annuities offer account value growth in the form of a fixed interest rate or performance tied to a market index (fixed indexed annuities). While variable annuities are a long-term financial retirement vehicle that offer the greatest growth potential, it’s important to keep in mind that the account values of a variable annuity are subject to market fluctuations and may lose value. You can even opt for additional protection to safeguard against inflation and market volatility.

Variable annuities offer a wide array of investment options you can choose from to meet your specific needs and risk tolerance.