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Fixed

What is a Fixed Annuity?

Fixed Annuity Michigan - Traditional Annuity, Rates, Guaranteed Income - Annuities 24-7 - fixedA Fixed Annuity, also known as a Traditional Annuity, is a fully guaranteed contract which is backed by funds deposited in the insurer’s general account. Principal, interest, and the amount of the benefit payments are guaranteed. The general account consists of conservative investments selected by the insurer to match its contractual guarantees and liabilities to the annuitant.
 
 
 
 

Benefits of Fixed Annuities

  • Guaranteed income for life
  • No market risk
  • Withdrawal flexibility
  • Probate free
  • Upfront bonus
  • Tax Deferred Growth
 
 
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