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Choosing the Right Product

Whether your income needs are long-term or immediate, there's an annuity for you

Annuities come in many different forms to meet your specific needs and are considered long-term savings or investment vehicles. Because of their flexible options, annuities:

  • Offer deferred or immediate income streams
  • Provide fixed or variable investment options
  • Can be part of a non-qualified or qualified retirement plan
Comparison of Annuities
Fixed Annuities Variable Annuities Immediate Annuities
Flexible Payments Yes Yes No
Single Premium yes yes yes
Immediate Income Stream No No yes
Deferred Income Stream yes Yes No
Part of Qualified Retirement Plan Yes Yes no
Part of Non-qualified Retirement Plan Yes yes yes
Death Benefits Yes yes no
Invested in Market no yes no
Fixed investment options Yes no no
Variable Investment Options no yes no
Tax Advantages yes yes yes
Guarantees yes yes yes

All guarantees are based upon the claims-paying ability of the issuer  A variable annuity is a long-term financial retirement vehicle, subject to market fluctuations and may lose value.

Investors should consider the investment objectives, risks, charges, and expenses of a variable insurance product carefully before investing. Please carefully read the prospectuses for the relevant variable insurance product and its underlying investment options, which contain this and other information about the product. 

Contact a Penn Mutual Adviser who can help you determine your needs and choose the right products for you. All information will remain strictly confidential.

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