Fidelity Personal Retirement Annuity®
Fidelity Personal Retirement Annuity®1 (FPRA) is a low-cost deferred variable annuity that allows you to save more for retirement on a tax-deferred basis.
|May be appropriate for||
Investors who want to increase their retirement savings beyond the contribution limits of an IRA or 401(k).
Tax-deferred growth potential of investment
Low annual annuity costs
Any earnings not taxed until withdrawn2
No surrender charge
The ability to invest as much as you want—no IRS contribution limits3
After the initial investment, you can make automatic monthly contributions.4
Array of 55+ funds, many rated 4 or 5 stars by Morningstar®5
0.25%; 0.10%6 for contracts purchased with an initial investment of $1 million or more, or that have accumulated to $1 million or more in contract value; fund fees also apply
A selection of 55+ funds—choose a Fidelity-managed option or build your own portfolio
to buy FPRA or find out more.
Tax-efficiency white paper (PDF)
Consider the tax savings a low-cost, tax-deferred variable annuity may provide.
FPRA fact sheet (PDF)
Read additional highlights of FPRA.
Stretch provision feature (PDF)
Review a distribution option for non-spousal beneficiaries.
Fidelity Personal Retirement Annuity FAQs
Need more information? Visit our frequently asked questions.
Tax-Efficient Investing brochure (PDF)
See how you can create a plan to help you defer, manage, and reduce taxes.