Fixed Deferred Annuity
Increase Your Retirement Savings
How It Works
In exchange for a portion of your retirement savings, an insurance company will provide a guaranteed interest rate for a fixed term of 4, 5 or 7 years, regardless of market volatility.
Benefits:
- Money grows at a fixed rate regardless of market volatility.
- Freedom to withdraw up to 10% per year without penalty.
- Money grows tax-deferred, which means taxes aren't paid until the policy ends.
My Savings Story
I want to make sure that I have enough money to retire when the time comes. By purchasing a Fixed Deferred Annuity, I'm able to increase my savings safely without having to worry about market loss.