• Annuities offer a stream of income.

• Provide Tax Advantages.

• Can Grow Tax-deferred over time.

• Have no Contribution Limits.

• In the event of death, annuities also offer riders that allow you to Transfer Money to your Beneficiaries.

A Fixed Annuity is a financial product that guarantees a specific rate of return—for example, 2%—and provides an income stream in retirement. With a fixed interest rate, you know in advance how much your annuity will grow and how much income it will pay out.

A Multi-year guaranteed Annuity, or MYGA, is a type of fixed annuity that offers a guaranteed fixed interest rate for a certain period, usually from three to ten years. An MYGA is appropriate for someone who is closer to Retirement and prefers tax deferral and a guarantee of investment return.

An Immediate Annuity is an annuity that pays out immediately after it is purchased. When you purchase an Immediate Annuity, you make a lump-sum payment to the insurer in exchange for regular payments that begin immediately and continue for a specified period of time, typically for the rest of your life.  Immediate Annuities are often used as a source of retirement income.

A Fixed Index Annuity is an insurance contract that provides you with income in retirement. With a Fixed Index Annuity, payments are based on the performance of a stock market index, like the S&P 500. Unlike owning stocks, you're protected against most losses—but your total returns may also be limited.

A Variable Annuity is a contract under which the insurer agrees to make periodic payments to you, beginning either immediately or at some future date. You purchase a Variable Annuity Contract by making either a single purchase payment or a series of purchase payments.
Variable Annuities are Investment-Based Retirement Plans. You are investing in stocks, bonds, mutual funds, etc.