It's never been easier to get a quote and apply for Term Life insurance . Annuities An annuity is a contract between an individual and an insurance company. The individual buys an income stream in the form of annuity payments for a specified period of time. Annuities can be immediate or deferred , depending on when the individual wants to begin receiving annuity payments. During the accumulation phase of a deferred annuity, investment growth is tax-deferred.
Annuities are also either fixed or variable .
Fixed annuities offer a guaranteed rate of return, and variable annuities offer investment choices that will fluctuate in value over time. You can enjoy the security of a fixed annuity or match your risk tolerance profile with a variable annuity. To check out the most current unit values, yields and interest rates for our annuities, view your account information, or see historical product performance of our variable annuities, visit the Retirement Services Information Center . The investor should focus on the benefits offered by a variable annuity to assess if a variable annuity is right for them. All Rights Reserved.