Fixed Annuity

A fixed annuity also called a a period-certain annuity, is a financial contract where a life insurance company pays an interest rate for a specific period at the time the annuity is purchased.  Essentially, you are converting a lump sum of money into an income stream. Also your fixed annuity payment will not change, even to account for inflation.  Many find this stability a security feature and prefer fixed annuities over variable annuities.  Moreover, fixed annuities limit the investor's risk by providing a guaranteed return.  It is said that fixed annuities are most appropriate for those of you that have a low tolerance for risk or for those who are looking for a guaranteed return and want to know exactly how much they will be receiving.  Additionally, fixed annuities do allow you some access to your investment; you can typically choose to withdraw interest or up to 10% of the principal annually.  Your fixed annuity may also have a range of hardship clauses that allow you to withdraw needed funds.

Auto Insurance Life Insurance Critical Illness Mortgage Life Insurance Health Insurance Annuity Insurance Long Term Care Insurance Dental Insurance Homeowners Insurance Disability Insurance Medicare Supplements Final Expense Insurance

              Select State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New York New Hampshire New Jersey New Mexico North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wyoming Wisconsin Washington D.C.

  Zip Code