What is a fixed annuity?

These annuities give you growth paired with control. Fixed annuities protect your money from market ups and downs with guaranteed rates

Tax advantages

The value of your fixed-deferred annuity grows tax free, meaning you won't get a yearly tax bill on your earnings. (You'll have to pay tax on earnings once you start taking income, though.)

Income you can’t outlive

An annuity is the only investment that can guarantee income for life no matter how long you live.

Fixed annuities let you save for retirement with:

• A tax deferral on earnings

• Access to your money (withdrawals made before age 59½ are generally subject to a 10% early withdrawal federal tax penalty, in addition to ordinary income tax, and a contingent deferred sales charge – CDSC – may apply)

• Death benefits for your beneficiaries

• Fixed annuities offer principal protection and growth potential.

• Some fixed annuities feature a market value adjustment (MVA) that offers flexibility of various guarantee terms combined with the potential for higher interest yields that traditional fixed investments.

Market value adjusted annuity products

Some fixed annuities feature a market value adjustment (MVA) that offers flexibility of various guarantee terms combined with the potential for higher interest yields that traditional fixed investments.

Put money in

Decide how much you want to put in your annuity. You can make contributions over time or all at once.

Choose a time period

Choose a time frame and interest rate consistent with your needs.

Take money out

Decide how you want to receive payments from your fixed annuity. Either get lifetime payments or take your money as you need it.

Individuals and businesses who would like to connect with Annuity Pros can get in touch instantly via our enquiry form.