- You're in a higher tax bracket and want to defer additional income.
- You've reached your deductible limit on all your retirement accounts and wish to save more for retirement.
A fixed annuity can help you accumulate tax-deferred earnings as part of your overall retirement plan. Annuities offer the opportunity for lifetime payments and tax-deferred earnings and provide a guaranteed death benefit for your beneficiaries. All guarantees are backed by the continued claims-paying ability of the issuing insurance company. You may want to consider investing in an annuity as part of your long-term financial strategy if: