Fixed annuities provide a guaranteed, predictable income stream in exchange for a lump sum payment. With a fixed interest rate, they offer stability and security, making them a reliable option for those seeking consistent income, especially in retirement.

Indexed annuities offer a guaranteed minimum return while also providing the potential for higher returns based on the performance of a market index, like the S&P 500. They combine the security of a fixed annuity with the opportunity for growth, making them a balanced option for those seeking both stability and the potential for market-linked gains.

Deferred annuities allow you to invest a lump sum or make payments over time, with the income payments starting at a later date, typically during retirement. The money grows tax-deferred until you begin receiving payouts, offering long-term financial planning and future income security.