Proudly Serving Families Throughout South Carolina & the Grand Strand
Fixed Annuities
Insurance-based solutions offering principal protection, tax-deferred growth, and reliable income options for retirement confidence.
Schedule a Private ConsultationCreating Stability for Your Retirement
As you transition into retirement, the goal often shifts from aggressive accumulation to protecting the savings you've worked hard to build. Fixed annuities are insurance-based retirement tools designed to provide a safe haven from market volatility while offering steady, predictable growth.
Protection from Market Loss
With a fixed annuity, your principal is protected from direct market downturns. Even if the stock market experiences turbulence, your initial premium and earned interest remain secure.
Predictable Interest
Fixed annuities are designed to provide a fixed rate of interest for a specified period of time, helping create more predictable retirement growth.
Tax-Deferred Growth
The interest your annuity earns grows tax-deferred until you begin taking withdrawals. This allows your funds to compound over time without being eroded by annual taxes.
Retirement Income Options
When you're ready, annuities can be converted into income options designed to provide guaranteed lifetime income, creating stability for your retirement years.
Frequently Asked Questions
Can I lose my money in a fixed annuity?
Fixed annuities are designed to help protect principal from direct market loss when held according to contract terms. Your funds are not directly invested in the stock market, shielding you from market volatility.
How do I access my money if I need it?
Most fixed annuities offer liquidity provisions, allowing you to withdraw a certain percentage (often up to 10%) of your account value each year without a penalty. Surrender charges, withdrawal provisions, and contract terms may vary by carrier and product.
What happens to the annuity if I pass away?
If you pass away before beginning an income stream, the remaining account value is typically passed directly to your named beneficiaries, often avoiding the delays and costs of probate.