Petersburg: (804) 862-1585

Dinwiddie: (804) 469-7812

Chester: (804) 748-8144

Fixed Annuities

Fixed Annuities

Choosing the Right Fixed Annuities

Fixed annuities provides a guarantee between you and the insurance company based on both the rate of return (interest rate) and the payout to you as the investor. The predictability of a fixed annuity make it a very popular option for investors who want a guaranteed income stream to supplement their other investment and retirement income. Each contract will explain how and when interest rates may adjust and the terms of the payouts.

We are here to help in your selection of the appropriate investment products for you. It is important to consider your holistic investment and retirement goals when making the right selection. Contact us today to start the discussion on your fixed annuity options.

Fixed annuities are long-term investments designed for retirement purposes. Guaranteed interest rates are based on the claims-paying ability of the underlying insurance company. Surrender charges may apply. Withdrawals are subject to ordinary income taxes, and if made prior to age 59 1/2 may be subject to a 10% penalty. Additional benefits and riders may increase the cost of the premium or lower the interest rate. Tax deferral is of no additional benefit if annuity is held in a retirement account such as an IRA or 457 (b) plan.

Schedule Your Analysis

Our team is here to answer all your questions. Contact us today to learn how we can help you pursue your goals.

Appomattox Insurance
Proceed to Appomattox Insurance

The links being provided are strictly as a courtesy to our clients. When you link to any of the sites provided here, you are leaving our site. Our company makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you are leaving this website and assume total responsibility and risk for your use of the sites to which you are linking.