Grow My Retirement Savings
Three ways a fixed indexed annuity can help you grow your retirement savings with confidence:
Everyone says, “Save for retirement.” But if you want your savings to last, it’s not just about how much you put away — it’s about how your money grows.
That means finding the right balance of growth potential, downside protection, and long-term tax advantages. And for many retirement savers, annuities can play a valuable role in that equation.
Here are three ways a fixed indexed annuity can help you grow your retirement savings with confidence:
Protect Your Savings Without Sacrificing Growth
Every saver faces the same trade-off: More growth usually means more risk. But what if you didn’t have to choose?
Fixed indexed annuities offer a unique blend of upside potential and downside protection. Your returns are tied to the performance of a market index, like the S&P 500® — so your savings has room to grow when the market performs. But unlike traditional market investments, you’re protected from losses in years when the market is down. So, you never earn less than 0%.
This “power of zero” means your gains are locked in and never lost to market volatility. It’s a strategy designed to smooth the ride, while still helping you build long-term value.
Let Your Money Grow Now, Pay Taxes Later
The more of your money you can keep compounding, the faster your savings may grow.
With annuities, earnings aren’t taxed as long as they stay in the contract. That means the interest or indexed gains you earn can continue growing tax-deferred until you take withdrawals — helping you build more over time.
Tax deferral can be especially powerful if you expect to be in a lower tax bracket in retirement. You may be able to grow your savings now and pay less in taxes later.
Pairing an annuity with other retirement accounts — like IRAs or 401(k)s — can amplify this benefit and support a more strategic, tax-efficient retirement plan.
See how tax deferral gives your money more time to grow
Stay on Track with Built-In Long-Term Discipline
While fixed indexed annuities include surrender charges for early withdrawals, they also offer flexible access features. Many allow you to withdraw up to 10% of your contract value each year without penalty. Required Minimum Distributions (RMDs) can also typically be taken without additional charges.
Some annuities even include optional benefits like guaranteed income riders, which can grow your income base over time — rewarding your long-term focus.
So while annuities aren’t meant for short-term savings, they do provide options when life throws a curveball. And in the meantime, they help reinforce healthy saving behavior that keeps you on track.
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