A paycheck you can't outlive.
Annuities help protect your retirement savings from market losses and can turn them into guaranteed income that lasts as long as you do.
Retirement income, on your terms.
An annuity is a contract with an insurance company. You fund it with a lump sum or a series of payments, and in return the company provides tax-deferred growth and, if you choose, guaranteed income for life.
Fixed annuities credit a guaranteed interest rate for a set period. Fixed indexed annuities credit interest based on a market index with a floor, so your principal is protected from market losses. Optional income riders can provide a lifetime paycheck.
Annuities are designed for long-term money. Most have a surrender period, during which withdrawals above a set free amount have a charge, so they work best alongside other savings you can access.
Who it's for- Pre-retirees in their 50s and 60s planning their income
- Retirees rolling over a 401(k) or 403(b)
- Savers who want to protect principal from market drops
- Anyone worried about outliving their savings
Straight talk: annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Surrender charges apply for early withdrawals beyond the free amount. I'll walk you through every fee and option before you decide.
What an annuity can do.
I compare fixed and fixed indexed annuities across carriers to match your timeline and income goals.
Principal protection
Fixed and fixed indexed annuities protect your principal from market losses.
Tax-deferred growth
Interest grows without annual taxes until you withdraw it.
Lifetime income
Optional income riders can create a paycheck that lasts as long as you live.
Index-linked upside
Fixed indexed annuities credit interest based on index performance, up to a cap.
Rollover friendly
A 401(k) or IRA can usually be moved through a direct rollover without triggering taxes.
Legacy options
Name beneficiaries so remaining value passes to your family.
Trusted names. One agent comparing them for you.
- TransamericaAppointed carrier
- Mutual of OmahaAppointed carrier
- AmericoAppointed carrier
- And moreCompared on every quote
Common questions.
Can I roll my 401(k) into an annuity?
Usually, yes. A direct rollover from a 401(k) or IRA into a qualified annuity generally doesn't trigger taxes. I recommend confirming the details with your tax professional.
Is my money locked up?
Annuities are long-term contracts with a surrender period, often several years. Most allow a free withdrawal each year, commonly around 10% of the value, without a surrender charge.
Are annuities safe?
Fixed and fixed indexed annuities protect principal from market losses. Guarantees are backed by the claims-paying ability of the insurance company, and state guaranty associations provide additional protection up to certain limits.
What's the difference between fixed and fixed indexed?
A fixed annuity pays a guaranteed rate for a set period. A fixed indexed annuity credits interest based on a market index, with a floor so you don't lose principal and a cap on gains.
