SEARCH Financial Education Products & Services Careers About Us Financial Professionals Contact Us Login Home / Products & Services / Annuities ANNUITIES SHARE THIS Tax-deferred Future Income An annuity is a long-term, tax-deferred insurance contract designed for retirement. It allows you to create a fixed stream of income during your retirement through a process called annuitization. When you are ready, during retirement or for other needs, an annuity can become an income stream. To learn more, you'll want to discuss with a financial professional. Fixed Annuities Fixed annuities provide a fixed rate of return based on the terms of your contract. They have less risk because your premium is protected from any potential loss and they also come with guarantees which depend on the financial strength of the issuing company. Notes: An annuity is a long-term, tax-deferred investment designed for retirement that will fluctuate in value. It allows you to create a fixed or variable stream of income through a process called annuitization. If you decide to take your money out early, you may face fees called surrender charges. Plus, if you're not yet 59½, you may also have to pay an additional 10 percent tax penalty on top of ordinary income taxes. You should also know that an annuity contains guarantees and protections that are subject to the issuing insurance company’s ability to pay for them. An annuity is a contract between you and an insurance company. Products and financial services provided by American United Life Insurance Company®, a OneAmerica® company. All guarantees are subject to the claims-paying ability of the issuing insurance company. Provided content is for overview and informational purposes only and is not intended as tax, legal fiduciary or investment advice. Products & Services Products & Services INDIVIDUALS Life Insurance Annuities Fixed Annuities Long-Term Care Solutions Workplace Benefit Plans Workplace Retirement Plans Securities Service Starts Here Have a question? Like more information? Contact us for assistance Find a financial professional Check in, Check up Actively engage with your policies, plans and strategies. Log in to manage your accounts Planning Is Important Develop, manage, enjoy and pass on your wealth. Learn how to get this done Site Map Financial Education Products & Services Careers About Us Financial Professionals Contact Us Find a Financial Professional Full Site Map Quick Access Claims Policy Premium Payment Individual Policy Service Request Employee Benefits Forms Prospectuses Contact Us OneAmerica Financial Partners, Inc. One American Square P.O. Box 368 Indianapolis, IN 46206-0368 Our Phone Numbers If you require a version that is accessible for people with disabilities, of any document present in this page, please email us at Department.CorporateCompliance@oneamerica.com. Please be sure to specify the name of the document in your email. Provided content is for overview and informational purposes only and is not intended and should not be relied upon as individualized tax, legal, fiduciary, or investment advice. Privacy Policy | Legal Disclaimers | Social Media Policy | Security | Accessibility CONNECT WITH US © 2021 OneAmerica Financial Partners, Inc. All rights reserved. OneAmerica® and the OneAmerica banner are all registered trademarks of OneAmerica Financial Partners, Inc. The companies of OneAmerica®: American United Life Insurance Company®, The State Life Insurance Company®, OneAmerica Retirement Services LLC, McCready and Keene, Inc., OneAmerica Securities, Inc., Pioneer Mutual Life Insurance Company®, OneAmerica Asset Management, LLC, and AUL Reinsurance Management Services, LLC®.