Saving for Retirement
Fidelity Personal Retirement Annuity®2,3
Allows you to save more for retirement and other long-term goals on a tax-deferred basis
Minimum Investment
$10,000
Fees
- Annual annuity charge of 0.25% (0.10% for contracts with an initial investment of $1 million or more, or have accumulated $1 million or more)4
- Fund fees apply
Highlights:
- Option to select a single fund strategy, build your own portfolio from 55+ funds, or create your own industry sector investing approach
- Trade and rebalance with no tax consequences
- Any earnings not taxed until withdrawn
Deferred Fixed Annuities5
Offers a guaranteed1 rate of return for a set period of time
Minimum Investment
$5,000
(varies by product)
Fees
- Interest rate is net of implicit fees
- Surrender charges may apply
- Market value adjustment (MVA) and/or surrender charges may apply5
Highlights:
- Interest rate guaranteed for initial 3- to 10-year period that you select
- After initial guarantee period, there are several options to consider
- Any earnings not taxed until withdrawn
Transitioning to Retirement
Deferred Income Annuities6
Provides guaranteed1 lifetime income beginning on a future date that you select7 (typically 2-40 years)8
Minimum Investment
$10,000
Fees
- Income payments are net of implicit fees
Highlights:
- Ability to make additional premium payments during the deferral period9 to increase future income
- Optional cost of living adjustment
- Optional protection for your beneficiaries
- One-time ability to change the income start date10
- Coverage for you, or you and another person
New York Life Clear Income Fixed Annuity - FP Series11,12
Provides guaranteed1 lifetime income and the flexibility to access assets should your plans change13
Minimum Investment
$50,000
Fees
- Income payments are net of fees
- Annual fee is 0.75% of Accumulation Value
- MVA and/or surrender charges may apply
Highlights:
- Interest rate guaranteed for initial 7-year period
- After initial guarantee period, a new interest rate is determined annually
- Guaranteed lifetime income amount increases by 5% on each contract anniversary for the first 10 years or until lifetime withdrawals begin, whichever comes first. This is used to calculate your guaranteed lifetime withdrawal benefit and has no cash value
- Income for you, or you and another person
Living in Retirement
Immediate Fixed Income Annuities
Provides guaranteed1 stream of income for your lifetime
Minimum Investment
$10,000
Fees
- Income payments are net of fees
- Surrender charges may apply
Highlights:
- Optional cost-of-living adjustment
- Optional protection for your beneficiaries
- Coverage for you, or you and another person
Allows you to save more for retirement and other long-term goals on a tax-deferred basis
Offers a guaranteed1 rate of return for a set period of time
Provides guaranteed1 lifetime income beginning on a future date that you select7 (typically 2-40 years)8
Provides guaranteed1 lifetime income and the flexibility to access assets should your plans change13
Provides guaranteed1 stream of income for your lifetime
Minimum Investment
$10,000
Minimum Investment
$5,000
(varies by product)
Minimum Investment
$10,000
Minimum Investment
$50,000
Minimum Investment
$10,000
Fees
- Annual annuity charge of 0.25% (0.10% for contracts with an initial investment of $1 million or more, or have accumulated $1 million or more)4
- Fund fees apply
Fees
- Interest rate is net of implicit fees
- Surrender charges may apply
- Market value adjustment (MVA) and/or surrender charges may apply5
Fees
- Income payments are net of implicit fees
Fees
- Income payments are net of fees
- Annual fee is 0.75% of Accumulation Value
- MVA and/or surrender charges may apply
Fees
- Income payments are net of fees
- Surrender charges may apply
Highlights:
- Option to select a single fund strategy, build your own portfolio from 55+ funds, or create your own industry sector investing approach
- Trade and rebalance with no tax consequences
- Any earnings not taxed until withdrawn
Highlights:
- Interest rate guaranteed for initial 3- to 10-year period that you select
- After initial guarantee period, there are several options to consider
- Any earnings not taxed until withdrawn
Highlights:
- Ability to make additional premium payments during the deferral period9 to increase future income
- Optional cost-of-living adjustment
- Optional protection for your beneficiaries
- One-time ability to change the income start date10
- Income for you, or you and another person
Highlights:
- Interest rate guaranteed for initial 7-year period
- After initial guarantee period, a new interest rate is determined annually
- Guaranteed lifetime income amount increases by 5% on each contract anniversary for the first 10 years or until lifetime withdrawals begin, whichever comes first. This is used to calculate your guaranteed lifetime withdrawal benefit and has no cash value
- Income for you, or you and another person
Highlights:
- Optional cost-of-living adjustment
- Optional protection for your beneficiaries
- Coverage for you, or you and another person
