Annuities for a Secure, Predictable Retirement Income You Can Count On
Annuities are powerful financial tools designed to help protect your savings, grow your money tax-deferred, and provide reliable income throughout retirement. At Rockenroll Insurance, we help you understand your options and choose an annuity strategy that aligns with your long-term goals, risk tolerance, and income needs.
Whether you’re looking for guaranteed growth, protection from market volatility, or dependable lifetime income, annuities can play a key role in a well-balanced retirement plan.
Types of Annuities We Offer:
Fixed Indexed Annuity (FIA)
A Fixed Indexed Annuity allows your money to grow based on the performance of a market index—such as the S&P 500—while protecting your principal from market losses. You benefit from market-linked growth potential without being directly exposed to market risk.
Multi-Year Guaranteed Annuity (MYGA)
A MYGA is a type of fixed annuity that provides a guaranteed interest rate for a specific period of time. Your investment earns a predetermined rate of return regardless of market conditions, offering stability and predictability for conservative savers.
Single Premium Income Annuity (SPIA)
A SPIA converts a lump sum of money into a stream of guaranteed income payments, often for life. This option is ideal for individuals seeking consistent, predictable income to cover essential retirement expenses.
Benefits of Annuities
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Competitive interest rates
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Tax-deferred growth (keep more of your money working for you through compounding)
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No annual or administrative fees (your growth isn’t being eaten away)
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Living benefits and flexibility for retirement income planning
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No market risk — your principal is protected
Why Annuities Matter in Retirement Planning
Annuities are designed to remove uncertainty from retirement. They provide stability in an unpredictable financial world by protecting your principal, reducing exposure to market volatility, and creating dependable income streams. Because growth is tax-deferred, your money compounds more efficiently over time, helping you preserve wealth and plan confidently for the future.
Multi-Year Guaranteed Annuity (MYGA): Key Features
Tax-Deferred Growth
Interest earned within a MYGA is not taxed until you make a withdrawal. This allows your investment to grow faster since you earn interest on both your original principal and the accumulated interest. When withdrawals are taken, they are taxed as ordinary income.
Principal Protection
One of the primary advantages of a MYGA is the protection of your principal. Regardless of market fluctuations, your initial investment remains secure, making MYGAs a low-risk option for conservative investors.
Maturity Options
At the end of your MYGA term, you typically have several choices:
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Withdraw your funds (principal plus earned interest)
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Convert the annuity into a stream of regular income payments
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Renew the annuity for another guaranteed term
Some MYGAs may automatically renew unless you provide other instructions.
Early Withdrawal Provisions
During the guarantee period, you may withdraw the accumulated interest earned in a given year without surrender charges or a market value adjustment (MVA). Accumulated interest resets to zero at each policy anniversary.
These withdrawals become available after the 30-day right-to-examine period. If withdrawals exceed accumulated interest, the amount withdrawn may be subject to surrender charges as outlined in the contract. If a 5% free withdrawal rider is selected, the accumulated-interest withdrawal provision does not apply.
Estate Advantages
MYGAs typically include a death benefit that allows assets to pass directly to beneficiaries, helping avoid probate court and simplifying the transfer of wealth to loved ones.
Let’s Build a Retirement Strategy That Fits You
Annuities are not one-size-fits-all. The right choice depends on your retirement timeline, income needs, and financial goals. At Rockenroll Insurance, we take the time to explain your options clearly and help you design a strategy focused on protection, growth, and peace of mind.
Contact us today to learn how annuities can support your retirement plan.