A multi-benefit solution

Part of living your best life means making sure you won’t outlive your savings when you stop working. Annuities can provide reliable income when you need it, and so much more. They offer the potential to grow your savings and help protect against market downturns, giving you the freedom to retire on your terms. 

How do annuities work?

Annuities offer a variety of benefits and flexible options so you can customize them to suit your unique needs. Here’s what an annuity could do for you: 

Income options

An annuity may offer stable, guaranteed income — potentially for life — and some protection against outliving your savings. 

Investment protection and growth potential

By investing in an annuity, you can potentially protect and grow your savings over time while gaining additional protection against market losses.

Legacy benefits

Optional death benefits help you stay in control of your investment and protect loved ones for future generations.

Tax advantages

Pay no taxes until you take withdrawals. Until then, your entire investment can be focused on growth potential, including non-taxed investment changes. That's more of your money working for you.

Who is an annuity for?

An annuity may be an option for you, whether you have a lot or a little to invest. Annuities can be a smart investment for people who are: 

  • In or near retirement and want to create a guaranteed income stream they won’t outlive 
  • Saving for retirement and want the potential to continue growing their savings with a level of protection whether markets go up or down 
  • Maxing out existing retirement savings accounts and seeking another way to invest tax-deferred 
  • Looking for options to help protect their investments against an untimely passing, control distributions from their estate, and prepare for leaving a legacy for loved ones or charitable causes 

How do I buy an annuity?

Before purchasing an annuity, talk to a financial professional who can help you determine your goals and choose an annuity that meets your needs. Then, you’ll select an annuity provider, complete an application, and pay your premium to get started.  

Transamerica Advisory Annuity

You can purchase a variable annuity directly from us with the Transamerica Advisory Annuity. It features investment options that allow you to potentially grow your money tax-deferred. What’s more, the annual costs are more than 70% lower than the industry average.