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Guaranteed Income from Annuities
An income annuity is a simple way to turn a part of your savings into monthly retirement income checks. With an annuity, you can get the peace of mind that comes with having regular income you can't outlive.*
Guaranteed Minimum Withdrawal Benefit Annuity (GMWB)A deferred variable annuity that provides guaranteed* lifetime income, the potential
for growth and access to your assets** in a single annuity.
Fixed Income AnnuitiesA fixed-income annuity converts a portion of your savings into a steady stream of income that is guaranteed for a certain period of time or for life.
Variable Income Annuities With a variable income annuity, you will receive guaranteed lifetime payments with growth potential.
Fixed Tax-Deferred AnnuitiesA fixed deferred annuity allows your money to grow tax-deferred,
while providing principal protection, flexibile withdrawal options and a guaranteed
rate of return over a set period of time.
*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. **Excess withdrawals may significantly reduce the guaranteed withdrawal benefit amount. Surrender charges may apply. Withdrawals of taxable amounts are subject to ordinary income tax, and if made before age 59½ may be subject to a 10% IRS penalty.
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and investment returns of a variable annuity will fluctuate and you may have a gain or loss when money is received or withdrawn. Fidelity annuities are issued by Fidelity Investments Life Insurance Company and in New York by Empire Fidelity Investments Life Insurance Company®, New York, NY. Fidelity Brokerage Services, Member NYSE, SIPC, and/or Fidelity Insurance Agency, Inc., are the distributors. 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. 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. Read it carefully. |