-
- Saving for Retirement
- Fidelity Personal Retirement Annuity®
- Tax-Deferred Fixed Annuities
- Retirement Savings & Income
- MetLife Growth and Guaranteed IncomeSM
- Income in Retirement
- Fidelity Freedom Lifetime Income®
- Fixed Income Annuities
Exchanging Your Annuity
|
Many Fidelity customers choose to exchange1 their non-Fidelity annuities to Fidelity in order to take advantage of lower fees and consolidate their assets in one place. Our annual annuity fees are significantly lower than the industry average,2 which may help you accumulate more over time. Find out how much more you could be saving Call 800-544-4936 to get a personalized Annuity Cost Comparison ReportSM (ACCR). Your report will include a detailed comparison of your current annuity's annual fees and expenses, surrender charges, and Morningstar ratings alongside one of Fidelity's deferred variable annuities. The call takes less than five minutes. Don't miss out on an opportunity to see how much more you could be saving.
Additionally, having your assets with one company can make it easier to review and manage your entire portfolio. Not only is exchanging your annuity to Fidelity easy, but it is also a tax-free process. It is important to note, however, that a low-cost annuity may not have all of the benefits and features of a higher cost annuity. Our deferred variable annuities do not have a guaranteed minimum death benefit, whereas the industry average annuity may. Consider all benefits and features before considering an exchange. Before investing, consider the investment objectives, risks, charges, and expenses of the annuity and its investment options. Call or write to Fidelity or visit Fidelity.com for a free prospectus containing this information. Read it carefully.
Principal value, income payments, and investment returns of a variable annuity will fluctuate and you may have a gain or loss when money is received or withdrawn.
Taxable amounts withdrawn from an annuity prior to age 59½ may be subject to a 10% IRS penalty.
Annuities are issued by Fidelity Investments Life Insurance Company (FILI), and in New York, by Empire Fidelity Investments Life Insurance Company®, New York, N.Y. FILI is licensed in all states except New York. Some annuities are issued by third-party insurance carriers which are not affiliated with any Fidelity Investments company. The contract's financial guarantees are solely the responsibility of the issuing insurance company. Fidelity Brokerage Services, Member NYSE, SIPC, and/or Fidelity Insurance Agency, Inc. are the distributors.
Fidelity Annuity Specialists are licensed insurance agents.
|
Additional Resources |
