What is an Annuity?
An annuity is a contract between you and an insurance company. It is designed to protect and grow your money, and then provide a stream of income during your retirement.
Types of Annuities
MYGA
A Multi-Year Guarantee Annuity guarantees an interest rate for the time period selected when you open your contract.
SPIA
A Single Premium Immediate Annuity can provide guaranteed income for life over a set period of time.
FIA
A Fixed Index Annuity earns interest based on changes in a market index.
Annuities can help address one of your fundamental concerns: Outliving your savings.
Which ones are you most worried about?
Outliving my money.
Flexibility / Liquidity of my money.
Protecting my premium.
Maintaining my current lifestyle through retirement.
Social Security may not be available.
An Annuity may be right for you.
Our focus is you!
Connect with a Red financial professional to learn how an annuity can help you meet your long-term goals.