Your goal Our solutions Advantages Considerations

Retirement Savings
“I need to save more for retirement, and my main goal is growth.”
Close

Compare FPRA with an IRA

Fidelity Personal Retirement Annuity is similar to a traditional IRA in that both allow any earnings to grow tax deferred. However, annuities have additional costs and expenses not found in IRAs.
  • Defer current taxes
  • Low cost
  • Virtually unlimited contributions1
  • Includes many 4- and 5-Star Morningstar rated funds2
  • Value of your annuity will fluctuate based on the performance of the investments selected
  • Guaranteed minimum death benefit not provided
“I'm near retirement, so I want to build my savings with minimal risk.”
Close

Compare SPDAs with a CD

Fixed deferred annuities are similar to CDs in that your principal is protected and your returns are guaranteed*.

* Unlike CDs, fixed deferred annuities are not FDIC insured (annuity guarantees are subject to the claims paying ability of the issuing insurance company) and taxable amounts withdrawn prior to age 59½ may be subject to a 10% IRS penalty.
  • Guaranteed4 rate of return
  • May provide guaranteed principal
  • Tax-deferred growth
  • Fidelity preferred providers
  • May have surrender charges on early surrender of the contract or excessive withdrawals

Savings and Income
"I'm about to retire and I want guaranteed retirement income. I'm concerned about immediate income and future growth."
Close

Compared with a pension

MetLife Growth and Guaranteed Income (MGGI) is similar to a pension plan in that both provide payments guaranteed* for life, but is unique because MGGI's income payments may increase based on market returns. However, unlike pensions, annuities must be purchased and have associated costs and expenses.

* Annuity guarantees are subject to the claims paying ability of the issuing insurance company.
  • Guaranteed4 lifetime income
  • Access to your assets
  • Growth Potential
  • Single all-in-one investment solution that's actively managed by Fidelity
  • The contract value may decline based on the market performance
  • Surrender charge may apply and excess withdrawals may reduce the withdrawal5 amount

Immediate Income in Retirement
“I'm retired and I want income now, but I'd like the potential to keep up with inflation, too.”
Close

Compare FFLI with a Pension

Fidelity Freedom Lifetime Income (FFLI) is similar to a pension plan in that both provide payments guaranteed* for life, but is unique because FFLI's payments may increase or decrease based on market returns. However, unlike pensions, annuities must be purchased and have associated costs and expenses.

* Annuity guarantees are subject to the claims paying ability of the issuing insurance company.
  • Guaranteed4 lifetime income
  • Professionally managed asset allocation
  • Income growth potential
  • Low cost
  • Payments fluctuate based on the performance of the investments selected
“I want guaranteed income for life to help me feel secure in retirement.”
Close

Compare SPIAs with a Pension

Fixed income annuities are similar to pension plans in that both provide guaranteed* payments for life.

* Annuity guarantees are subject to the claims paying ability of the issuing insurance company.
  • Guaranteed4 lifetime income
  • Predictable income stream
  • Fidelity preferred providers
  • Flexible payment options
  • Fixed payments may not keep pace with inflation
  • An annual payment increase option is available on some annuities

Before investing, consider the investment objectives, risks, charges, and expenses of the variable annuity and its investment options. Call or write to Fidelity or visit Fidelity.com for a free prospectus containing this information. Please read the prospectus and consider this information carefully before investing. Product availability and features may vary by state. Please refer to the contract prospectus for more complete details regarding the living and death benefits if applicable.

Withdrawals of taxable amounts are subject to ordinary income tax, and if made before age 59½, may be subject to a 10% IRS penalty.

  1. Fidelity reserves the right to limit contributions.
  2. Morningstar ratings are based on a fund's risk-adjusted returns. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. Past performance is no guarantee of future results.
  3. Fidelity Preferred Outside Providers issue annuities that are distributed by Fidelity Insurance Agency, Inc. and are not affiliated with any Fidelity Investments company. The contract's financial guarantees are solely the responsibility of the issuing insurance company.
  4. Guarantees apply to certain insurance and annuity products (not securities, variable or investment advisory products) and are subject to product terms, exclusions and limitations and the insurer's claims-paying ability and financial strength.
  5. Excess withdrawals and any withdrawal prior to age 59½ may significantly reduce the guaranteed withdrawal benefit amount, and, if taken during the first 5 contract years, may be subject to a 2% surrender fee. Withdrawals of taxable amounts are subject to ordinary income tax, and if made before age 59½, may be subject to a 10% IRS penalty.

Fidelity Brokerage Services, Member NYSE, SIPC.

L1009065930[1210]

Copyright 1998 – 2009 FMR LLC.

All rights reserved.