Skip to main content
Securian Financial Home
Search
Search

Fixed deferred annuities

Guaranteed income later

Fixed deferred annuities offer guaranteed growth at a specific interest rate, making them lower-risk and predictable – which may make them a good fit if you want a guaranteed rate of return.

How fixed deferred annuities work

When you purchase a fixed deferred annuity, you receive a guaranteed interest rate for a fixed amount of time.

When that time period is up, you’ll be offered a new interest rate for a new time period. Most fixed annuity contracts have a stated minimum interest rate, a guarantee that ensures you will never earn less than the minimum stated interest rate.

When you are ready to begin receiving income from your annuity, you can withdraw money from your contract or select from a range of income options that help structure an income that’s guaranteed for your lifetime, a set period of time, for joint lives, and/or to provide for beneficiaries.

Benefits to you

  • Guaranteed protection of your principal against investment loss
  • Guaranteed interest rate for a set period of time
  • Tax deferral, which allows you to potentially grow assets faster
  • Options for receiving income in retirement, including the ability to create a guaranteed stream of income that can’t be outlived
Calculator

How do I purchase an annuity?

Our annuities may be purchased through a financial professional. To see how much you may need to save for retirement, use our easy-to-follow calculator.

Start calculating

Preparing for retirement in your 40s and 50s: questions to ask yourself  (article with video)

As you enter your 40s and 50s, ask yourself these key retirement preparation questions to check in on savings, insurance needs and other ways to prep.

An annuity is intended to be a long-term, tax-deferred retirement vehicle. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. If the annuity will fund an IRA or other tax qualified plan, the tax deferral feature offers no additional value. Qualified distributions from a Roth IRA are generally excluded from gross income, but taxes and penalties may apply to nonqualified distributions. Please consult a tax advisor for specific information. There are charges and expenses associated with annuities, such as surrender charges (deferred sales charges) for early withdrawals.

The guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. 

Some products and features may not be available in all states and features may vary by state. 

A purpose of the method of marketing is solicitation of insurance and that contact will be made by an insurance agent or agency.

Not a deposit — Not FDIC/NCUA insured — Not insured by any federal government agency — Not guaranteed by any bank or credit union

DOFU 12-2022

2616425