Fixed Annuity

Fixed annuity rates and fixed annuity quotes from over 40 different annuity insurance companies.

A fixed annuity, also referred to as a tax-deferred fixed annuity, is a contract between you and an insurance company for a guaranteed interest bearing policy that includes optional guaranteed income choices. The insurance company credits interest on your fixed annuity, but you don't pay taxes on the earnings until you make a withdrawal or begin receiving an income from your fixed annuity. A fixed annuity earns competitive interest rates that are very safe. Because a fixed annuity is tax-deferred, you earn additional interest compounding on the money you would normally be paying in taxes. 

Please visit one or more of the following areas of our web site to further research the best fixed annuity for your needs. 

"Top 10" and "Featured" Fixed Annuity

CD-Type Fixed Annuity Information

Adjustable Rate Fixed Annuity Details

Equity Indexed Fixed Annuity

There are numerous advantages of a fixed annuity, some of the most important are:

1) Competitive current interest rate: Current interest rates on a fixed annuity are generally competitive with those from other fixed-interest vehicles, and are typically better than what can be obtained by investing in a comparable Bank CD.

2) Tax-deferred interest accumulation: The interest earned on a fixed annuity is not subject to current taxation until it is withdrawn from the contract. This allows for a potentially greater cash buildup than if income taxes were paid on accumulating interest as earned.

3) Safety/guarantees: The value of a fixed annuity is fully backed by the assets of the issuing insurance company. And, a fixed annuity is secondarily covered by your states Insurance Guarantee Fund. In addition, any fixed annuity you purchase will offer some type of minimum interest rate guarantee.

What's the difference between a qualified and nonqualified fixed annuity?
A qualified fixed annuity is used to fund a tax-qualified retirement plan such as a traditional IRA. In most cases, premiums paid to a qualified fixed annuity are tax-deductible. A nonqualified fixed annuity is used to fund a cash accumulation program which does not qualify for a front-end tax deduction. But whether your fixed annuity is qualified or nonqualified, the premiums always accumulate interest that is free of current income tax until withdrawn.

Other things you should look for when comparing fixed annuities:
Avoid any fixed annuity that charges front-end contract fees and sales loads, or excessive annual maintenance fees or charges. They reduce the amount of money that actually goes to work for you. Also, the length of the surrender charge period may be an important consideration for you, although a fixed annuity should be considered a long-term retirement savings vehicle. Most companies will waive the surrender charges in the event of premature death or annuitization. 

Our fixed annuity service is always FREE and you will never incur any type of sales charge or load fee. If you prefer the assistance of a live fixed annuity specialist, please feel free to call our Fixed Annuity Information Center toll-free at 1-800-239-0356. 

Buying a fixed annuity has never been easier.  AnnuityAdvantage.com, your complete one-stop fixed annuity shopping service.

Interest is based on current rates and subject to change without notice.

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