Deferred Annuities
Contribute money now and defer your payouts until later—potentially decades later—depending on how far away you are from retirement.
Two ways to schedule your free consultation
A local financial advisor near you
Find a financial advisor in your community and start building a relationship to get you on the right path toward your goals.Virtual Advice Team
Talk to a financial advisor, by video or over the phone, when and how it's convenient for you.What is a deferred annuity?
A deferred annuity is an insurance contract that may provide retirement income over a specified period of time in exchange for an up-front lump sum payment or premium payments over time. Depending on how far away from retirement you are, you can defer your income stream until later to give your investment time to grow.
Deferred annuities are available with fixed or variable rates of return, so you can choose between a guaranteed stream of retirement income or the potential for market-driven returns.
Explore Multi-Year Guarantee Annuities
A Multi-Year Guarantee Annuity (MYGA) lets your money grow at a fixed interest rate for a pre-determined number of years. Learn more on whether a MYGA could help provide balance to your portfolio.
Deferred annuity features
Deferred annuity features
Deferred annuities are available with both fixed and variable rates of return so you can choose type one that aligns with your goals and risk tolerance.
Investment growth potential
In general, the longer you defer your annuity, the higher your payout could be. By delaying your payout, your money will have more time to compound and that could boost the payout you’ll be able to receive when you start withdrawing money.
Retirement income
A deferred annuity could help you build your retirement savings over time to provide a consistent income flow to help support your lifestyle in retirement.
Tax-deferred growth
Annuity earnings are tax deferred. That means they aren’t taxed while you’re contributing to it, and that may result in a higher account balance when you start to take income.
