Fixed Annuity
A fixed annuity is an insurance contract that offers a guaranteed interest rate for a set period. It’s commonly used to protect principal while earning a predictable return.
Key features
- Principal protection (subject to the claims-paying ability of the insurer)
- Guaranteed interest rate for a defined term
- Option to convert to income at a later date
When people use fixed annuities
- Protecting a portion of savings from market volatility
- Creating a conservative income bridge to retirement
- Locking in a rate for a defined period
Next step: request a Retirement Income Analysis so we can show how a fixed annuity could fit a guaranteed income plan.
Fixed annuities are insurance products. Guarantees are based on the financial strength and claims-paying ability of the issuing insurance company. This page is for informational purposes only and does not provide tax, legal, or investment advice.
