Retirement... What?

An annuity allows a customer to deposit money ("premiums") with an insurance company that can earn interest and grow on a tax-deferred basis with the agreement that the insurance company will then provide a series of payments back to the customer at regular intervals.

Most of our customers typically purchase annuities to provide or supplement retirement income they will receive from Social Security, pension benefits, investments and other sources. 

Remember, you can convert your annuity into an income stream that can then be paid over a fixed period or for your lifetime. 

You also have got the option to take withdrawals of varying amounts when you need the income.

Different Annuity Categories


Provides income payments that normally begin within a year after the premium is paid.


Provide income payments that begin later, often after many years. Deferred annuities are designed for long-term savings purposes.

  • Available to purchase using a single lump sum, or with flexible premiums over time.
  • When it comes time to take income from your deferred annuity, you will have many options available to meet your needs.