What is a Fixed-Annuity?

A Fixed Annuity (FA) is often called a Multi-Year Guaranteed Annuity (MYGA). It provides a guaranteed rate of return for a specified period, typically ranging from 3 to 10 years. MYGAs offer a safe and stable way to grow your savings, with guarantees backed by the insurance company.

Annuital is your one stop shop for accumulation focused annuities. We offer Fixed-Annuities and Fixed-Indexed Annuities. Annuities are safe tax-deferred investments offered by insurance companies designed to help you build your wealth over time.

What is a Fixed-Annuity?

A Fixed Annuity (FA) is often called a Multi-Year Guaranteed Annuity (MYGA). It provides a guaranteed rate of return for a specified period, typically ranging from 3 to 10 years. MYGAs offer a safe and stable way to grow your savings, with guarantees backed by the insurance company.

Annuital is your one stop shop for accumulation focused annuities. We offer Fixed-Annuities and Fixed-Indexed Annuities. Annuities are safe tax-deferred investments offered by insurance companies designed to help you build your wealth over time.

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Fixed Annuities

Key Features:

Guaranteed Rate: Earn a fixed interest rate for the entire term, regardless of market volatility.

Principal Protection: Your initial investment is fully protected and guaranteed by the insurance company.

Tax-Deferred Growth: Interest grows tax-deferred, reducing your tax liability.

Liquidity: Partial Penalty-free withdrawals are often allowed, and you can surrender the annuity at any time (penalties may apply).

Benefits:

Predictable Income: Fixed Annuities provide a steady, fixed income stream for the term.

Low Risk: Fixed Annuities are a low-risk investment, ideal for conservative investors.

Flexibility: Choose from various term lengths and interest rates to suit your objectives.

Things to Consider:

Interest Rate Risk: Rates may be lower than other investments.

Inflation Risk: Inflation could reduce the purchasing power of your returns.

Surrender Charges: Penalties may apply if you surrender the annuity early.

Maturity: At the end of the term, you can renew, withdraw, or surrender the annuity.

Age: a Fixed Annuity is a retirement vehicle meaning that there may be a 10% penalty of the gain if withdrawn before age 59.5.

Who is a Fixed Annuity Suitable For?

Conservative Investors: Those seeking low-risk investments with predictable returns.

Retirees: Individuals looking for a stable income stream to supplement retirement income.

Short-Term Savers: Those over age 59 with short-term savings goals (e.g., 3-10 years).

Conclusion:

Fixed Annuities offer a secure way to grow your savings with predictable returns. While they may not offer the highest returns, they provide a low-risk investment option for those seeking stability and guarantees. Always consult with a financial advisor to determine if a FA aligns with your individual financial goals and risk tolerance.


5.90%

3 Year

May vary based on state and investment amount

3 Year

May vary based on state and investment amount

3 Year

May vary based on state and investment amount

5.75%

5 Year

May vary based on state and investment amount

5 Year

May vary based on state and investment amount

5 Year

May vary based on state and investment amount

5.80%

7 Year

May vary based on state and investment amount

7 Year

May vary based on state and investment amount

7 Year

May vary based on state and investment amount

Ready to invest?

Feel free to book a free consultation to learn if annuities fit your wholistic wealth plan.

Annuital © 2024. Not available in California or New York.

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Ready to invest?

Feel free to book a free consultation to learn if annuities fit your wholistic wealth plan.

Annuital © 2024. Not available in California or New York.

LinkedIn