Looking for a guaranteed rate of return for your retirement savings?
In the prolonged low-interest-rate environment we are in, it can be a challenge to find a guaranteed rate of return that meets your needs. Many Americans are turning to alternative solutions like a multi-year guaranteed annuity (MYGA) to help fill this gap.
A MYGA offers you the opportunity to:
- Earn tax-deferred interest on your principal at a fixed rate of return for a certain period of time.
- Know your interest rate upfront and that it's locked in during the guarantee period.
Fixed annuities including MYGA
s fall under the conservative category of solutions.
Looking for protection and growth potential for your savings?
When it comes to your hard-earned retirement savings, does the the thought of letting your money ride with the ups and downs of the stock market give you an uneasy feeling? But you don't want to miss out on the sharing in some of the potential gains? A more conservative solution, called a fixed indexed annuity (FIA) may be right for you.
An FIA gives you protection from market losses and
growth potential based on a market index (like the S&P 500®) — without the risk of actually participating in the market.
How downside protection and growth potential work together
To illustrate performance in both up and down market conditions, this example shows $100,000 invested in an FIA compared to the S&P 500® Index.
This graph assumes no fees, charges or withdrawals are taken during this period. Index performance is not indicative of future results. The index does not reflect dividends paid on underlying stocks.
The hypothetical performance of an FIA assumes a $100,000 premium, and a participation rate of 35%, using a one-year point-to-point with participation rate crediting method. The example participation rate may not reflect participation rates currently available.
This hypothetical example is for illustrative purposes only and not intended to be the performance of any specific product.
Calendar year returns as of December 31, 2019.
Looking for retirement income you can count on?
If you have 5-15 years before retirement, now can be a good time to make sure you're on track and to start thinking about how to turn your savings into future retirement income. Talk your financial representative about
What income you'll have?
How much income you'll need?
What portion of your income is?
- Protected from market downturns
- Built to last a lifetime
That's where a fixed indexed annuity comes in, with income you can always count on.
A fixed indexed annuity (FIA) with a Guaranteed Minimum Withdrawal Benefit (GMWB) gives you a predictable way to build your future retirement Income base for a steady stream of lifetime income — without the risk of actually participating in the market.