1. What Is “Retirement Protection”?

A Fixed Indexed Annuity is a retirement account designed to protect your money while letting it grow. You deposit funds with an insurance company that earns interest on a tax-deferred basis, and later pays you steady income during retirement. It can supplement Social Security, pensions, or other investments — helping you turn savings into predictable lifetime income.

 

2. Key Benefits

• Guaranteed Principal: Your money is protected from market losses. Unlike stocks or mutual funds, your principal is guaranteed by the issuing insurance company.

• Flexibility: You can select a fixed or indexed strategy, giving you the power to align growth and risk tolerance with your goals.

• Income Protection: With lifetime income riders, you can receive guaranteed monthly income for as long as you live.

• Death Benefit Protection: Many annuities include built-in death benefits that pass remaining funds directly to your beneficiaries — often with enhanced value options.

 

3. Dispelling Common Myths

• “Annuities have hidden fees.” Many fixed indexed annuities have no annual fees unless optional riders are added.

• “They’re complicated.” A good agent breaks them down clearly — these products are simpler than most realize.

• “I could lose money.” Fixed indexed annuities are not invested directly in the market; your account value won’t drop when the market does.

• “My money’s locked up.” Most plans include penalty-free withdrawals or liquidity options for medical or emergency needs.

• “The company keeps my money when I die.” Funds that haven’t been annuitized pass to your beneficiaries.

• “I have to pay to buy one.” You don’t. Commissions are paid by the insurance company, not deducted from your account.

 

4. Speak to a Licensed Insurance Agent

Our advisors specialize in helping you protect your retirement income with confidence and clarity. We’ll compare carriers, explain rider options, and create a custom plan that fits your goals — no pressure, no jargon. Speak to an Agent – To see the full list of carriers we work with, click here.