ANNUITIES
Guarantee a Steady Stream of Income for Life with an Annuity.
An annuity is an insurance contract that exchanges present contributions for future income payments. It is an investment product that provides low-risk, tax-deferred growth of your retirement nest egg. It can also provide you with a source of guaranteed lifetime income when structured correctly. Annuities, like life insurance products, go directly to beneficiaries and avoids probate. Sold by financial services companies, annuities can help reinforce your retirement plan and be an essential part of a diversified retirement portfolio. There is a range of different types of annuities, all of which offer protected lifetime income.