Annuities
Income you can't outlive. Growth you can count on.
An annuity is the part of your retirement plan that doesn't flinch when the market does. It can protect your principal, grow tax-deferred, and turn your savings into a paycheck for life. Our team shops top-rated carriers to find the annuity that fits your goals — and your comfort with risk.
Why add an annuity to your portfolio?
Your 401(k) and investments are built to grow your money. An annuity is built to protect it and pay it back to you — a financial foundation you can't outlive, so the rest of your portfolio has room to do its job. Here's what that foundation gives you.
Tax-Deferred Growth
Your money compounds without a yearly tax bill. Every dollar of interest keeps earning instead of being trimmed by taxes each April — so more of your money works for you, longer.
Protection From Loss
Fixed and fixed-indexed annuities can't lose value to a market downturn. Your principal and credited interest are locked in, with a 0% floor in the worst years.
Income for Life
Convert your savings into a guaranteed paycheck that keeps coming as long as you live — no matter how markets perform or how long you live.
Backed by Strong Carriers
Guarantees are backed by the financial strength of the issuing company, which is why we work only with established, highly rated insurers.
See how tax-deferred growth adds up
Because an annuity grows tax-deferred, you're not handing the IRS a slice of your interest every year — so it keeps compounding on itself. Move the sliders to see the difference between the same money growing inside an annuity versus a taxable account.
Annuities for every retirement goal
Multi-Year Guaranteed (MYGA)
A guaranteed, fixed interest rate locked in for a set term — like a CD, but tax-deferred and often at a higher rate. Simple, predictable, and principal-protected.
Fixed Indexed (FIA)
Growth linked to a market index with a 0% floor, so a down year never costs you principal. Upside potential without the downside of the market.
Immediate Income (SPIA)
Turn a lump sum into a guaranteed paycheck that starts right away and can last your entire life — a private pension you create on your terms.
Deferred Income
Set money aside now for guaranteed income that begins on a future date you choose, often at a higher payout the longer you wait.
We shop A-rated carriers so you don't have to
One conversation, multiple companies competing for your retirement dollars. Our annuity partners are among the most respected names in the industry:
Common questions, answered honestly
Can I still access my money?
Yes. Most contracts let you withdraw a portion penalty-free each year (often up to 10%), plus waivers for events like a nursing-home stay or terminal illness. Larger withdrawals during the initial term may trigger a surrender charge, so annuities are meant for money you won't need all at once.
Are annuities safe?
Fixed and fixed-indexed annuities protect your principal from market losses. Guarantees are backed by the issuing carrier's financial strength — which is exactly why we place business only with highly rated companies like the ones above.
How are they taxed?
Growth is tax-deferred, not tax-free. You pay ordinary income tax on the gains when you withdraw them, and withdrawals before age 59½ may face a 10% federal penalty. Inside an IRA, an annuity follows the same rules as the IRA.
Are there fees?
Fixed and MYGA annuities typically carry no annual fee. Optional income riders and some indexed products have a cost — your agent will spell out every charge in plain English before you decide anything.
Not sure which annuity fits?
Get a free, no-pressure review. We'll compare your options across our carriers and show you the numbers in plain English.
Get your free annuity review
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A member of the Phil-Am team will reach out within one business day with your annuity options.