Deferred fixed annuities

Available through The Fidelity Insurance Network®, deferred fixed annuities1 offer a guaranteed rate of return over a set time period, with tax-deferral.



Get in touch

Open an annuity

800-544-4702


Questions about an existing annuity?

800-634-9361

Available through The Fidelity Insurance Network®

Since an annuity's guarantees are only as strong as the insurance company providing them, you should consider the strength of the company you select and its ability to meet future obligations.2

Issuer Guardian MassMutual New York Life USAA Western & Southern
Annuity name Guardian Fixed Target AnnuitySM MassMutual Stable VoyageSM Fixed Deferred Annuity New York Life Secure Term MVA Fixed Annuity IV
A Market Value Adjustment (MVA) Annuity3
USAA Protected Deferred Annuity
A Market Value Adjustment (MVA) Annuity3
Western & Southern SmartSelect
A Market Value Adjustment (MVA) Annuity3

Financial strength ratings2

A.M. Best A++
(Superior)
A++
(Superior)
A++
(Superior)
A++
(Superior)
A+
(Superior)
Standard and Poor's AA+
(Very strong)
AA+
(Very strong)
AA+
(Very strong)
AA+
(Very strong)
AA- 
(Very strong)

Purchase guidelines

Single premium
Minimum non-qualified $5,000 $10,000 $50,000 $50,000 $20,000
Minimum qualified $5,000 $10,000 $50,000 $50,000 $20,000
Maximum issue age (May vary by state) Age 85 Age 85 Age 85 Age 85 Age 85

Initial interest rate guarantee4

Initial interest rate guarantee4 For 4, 5, or 6 years For 3, 4, or 5 years For 3, 4, 5, or 6 years For 3, 4, 5, or 105 years For 3, 4, 5, or 6 years
Jumbo rate
Automatic 1-year renewal
(at current market rates)

Access to assets6

Annual penalty–free withdrawal limit 1st year—10% of value at time of initial premium; 2+ years—10% of prior anniversary contract value 1st year—10% of value at time of withdrawal; 2+ years—10% of prior anniversary contract value Greater of up to 10% of your policy's accumulation value on the preceding anniversary or 10% of the current accumulation value 1st year—10% of value at time of initial premium; 2+ years—10% of prior anniversary contract value7 Greater of 10% of your contract value or a single year's Required Minimum Distribution (RMD) at time of withdrawal
Systematic withdrawal program

Surrender charges by year

Surrender charges: 3-year 7%, 7%, 7%, 0% thereafter. 7%, 7%, 7%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 0% thereafter. MVA may apply.9 7%, 7%, 7%, 0% thereafter.10 MVA may apply.
Surrender charges: 4-year 7%, 7%, 7%, 6%, 0% thereafter. 7%, 7%, 7%, 6%, 0% thereafter. 7%, 7%, 7%, 6%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 0% thereafter. MVA may apply.9 7%, 7%, 7%, 6%, 0% thereafter.10 MVA may apply.
Surrender charges: 5-year 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 5% 0% thereafter. MVA may apply.9 7%, 7%, 7%, 6%, 5%, 0% thereafter.10 MVA may apply.
Surrender charges: 6-year 7%, 7%, 7%, 6%, 5%,4%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.10 MVA may apply.
Surrender charges: 7-year

Surrender charges: 9-year

Surrender Charges: 10-year 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 1%, 0% thereafter.11 MVA may apply.

Other features

Guaranteed4 lifetime income options

Terminal Illness Waiver

Nursing Home Waiver

Guaranteed4 lifetime income options

Terminal Illness Waiver

Nursing Home and Hospital Waiver

Guaranteed4 lifetime income options

Living Needs Benefit Rider12

Guaranteed4 lifetime income options13

Nursing Home Waiver or Critical Care Withdrawal13

Guaranteed4 lifetime income options

Limited life expectancy waiver14

Confinement waiver14

Some products and features listed here may not be available in all states and variations may apply. Certain features may not be available in all products or depending on type of funds used to purchase the annuity.

Get in touch

Contact us to get help and answers.

Open an annuity

800-544-4702

Questions about an
existing annuity?

800-634-9361