What is Non-Variable Annuities?Non-variable annuities, commonly known as fixed annuities, are financial products issued by insurance companies. They offer a guaranteed, fixed rate of return on investment. Unlike variable annuities, their returns are not affected by the stock market or other investments. These annuities provide a regular income stream as well as tax-deferred growth, making them ideal for consumers seeking consistent retirement income and willing to forgo potential higher gains for lower risk. However, they may not keep up with inflation in the long run.
Contact us to learn more about the right non-variable annuities for you. |