Advantages of Fixed Annuities

Today there are many challenges to saving for retirement. Unlike some other traditional investments, fixed annuities offer guarantees, opportunities for tax-deferred growth, and options for a variety of income streams, including a lifetime income option. These annuities provide several advantages for those who want to protect their principal, accumulate interest on their retirement savings over time, and then have a guaranteed income stream.

Guarantees
You are guaranteed the greater of your principal or a minimum interest rate on all or a percentage of each contribution, less any withdrawals or deductions from your policy.

Tax-Deferred Growth
Because you pay no income tax on any earnings until they are withdrawn or distributed, tax deferral allows you to accumulate even more through compounding interest.

Crediting Method Flexibility
Fixed annuities have evolved and the consumer is the beneficiary of that evolution. With our annuities, you can choose how your interest will be determined from a number of different methods. This provides you with the ability to find a crediting method that matches your risk-tolerance profile.

Guaranteed Income Option
Once you elect from of a variety of settlement options, your annuity is converted to a guaranteed income stream. If a Lifetime income option is chosen, it can help protect you from outliving your income. Fixed period options can guarantee you payments for a set period of time.

Leaving a Legacy to Beneficiaries
Fixed annuities are often suitable vehicles for passing assets to your heirs. Some annuities offer extra features that help offset your beneficiaries' tax burden.

*Taxes are deferred until withdrawals are taken, and tax deferral is available only to individuals or to entities that benefit individuals, such as certain trusts. Under current law, tax deferral is a basic feature of tax-qualified plans. Placing qualified funds into an annuity does not provide any additional tax benefit.

Investors Insurance Corporation does not give legal or tax advice. It is recommended that you seek the counsel of your attorney, accountant or other qualified financial advisor regarding taxation as it applies to you.

Every annuity is different. Refer to the contract for exact terms and conditions.