Annuities

An annuity is a pension alternative, it represents a simple promise. 

An annuity provides growth potential for the hard earned money you contribute and, and if you choose, an income stream for as long as you live. 

Think of it like longevity insurance. The income the annuity pays you back 

– guaranteed for life – can mean one less thing you have to worry about.

The following are an example of a variety of fixed annuities:

• Multi-year guarantee annuities (MYGAs) – Guarantee an interest rate and agree to the time the annuity will hold your money when you open your contract.
• Single premium immediate annuities (SPIAs) – Maximize the guaranteed income you can generate starting today.
• Fixed index annuities (FIAs) – FIAs are versatile products able to help fit a wide variety of potential needs.

Protection 

As opposed to taking "two steps back" when the market performs negatively, one strategy to help build confidence when faced with a bear market is to use a fixed index annuity or FIA. While FIA's index options are not directly invested in the market, interest credits are based on market performance. Upside potential, with no risk of losing premium due to market downturns. 

Finding the right mix of growth potential and protection for your retirement assets can be a challenging balancing act. We get that. Fixed index annuities are designed to do just that. Fixed index annuities were made for volatile time like these.