Menu for the “Individuals & Families” section.
Annuities are commonly used in conjunction with or in place of a 401k. An annuity allows you to save money in excess of the amount allowed by your 401k. Many retirees convert 401k plans to an annuity when they are ready to start taking income.
Annuities are the protect and spend portion of a financial plan. A variable annuity paired with an optional benefit provides the opportunity to invest in the market with guarantees.
Annuities and optional benefits solve several of the key concerns expressed by retirees including: comfort in knowing that you won’t outlive your income, that your income will keep pace with inflation, and that market volatility won’t impact your day to day life.
Annuities can solve savings and income needs for those planning for retirement.
A variable annuity is a long-term financial retirement vehicle, subject to market fluctuations and may lose value. Optional Benefits can complement your variable annuity. Please note that these benefits are optional, carry additional cost, and are available only through the purchase of a variable annuity product. All guarantees are based upon the claim-paying ability of the issuer.
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.