💵 Annuity Basics (Immediate, Deferred, Fixed, Indexed)
Annuities provide guaranteed income, tax-deferred growth, and retirement planning solutions. Understanding the major annuity types helps advisors guide clients toward long-term financial security.
📘 What Is an Annuity?
An annuity is a contract with an insurance company designed to provide income, either immediately or in the future. Annuities can help clients manage longevity risk, stabilize retirement income, and accumulate assets tax-deferred.
⚡ Immediate Annuities
Provide income starting right away, often within 30 days. Ideal for retirees seeking guaranteed lifetime income.
⏳ Deferred Annuities
Allow assets to grow tax-deferred before converting to income. Suitable for long-term retirement planning.
🔒 Fixed Annuities
Offer guaranteed interest rates and predictable growth. Attractive for conservative investors seeking stability.
📊 Indexed Annuities
Provide interest linked to a market index (such as the S&P 500) with downside protection. Popular for clients seeking growth potential without market losses.
