This Fidelity Viewpoints® article, explains how deferred annuities work and the role they play in a retirement income plan.
This video explains how deferred income annuities can provide future guaranteed lifetime income.
This Fidelity Viewpoints® article explains how to use Qualified Longevity Annuity Contracts (QLACs) to create lifetime income later in life.
Deferred Income Annuity contracts are irrevocable, have no cash surrender value and no withdrawals are permitted prior to the income start date.
Guarantees are subject to the claims-paying ability of the issuing insurance company.
Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. These products are distributed by Fidelity Insurance Agency, Inc., and, for certain products, by Fidelity Brokerage Services, Member NYSE, SIPC. A contract’s financial guarantees are solely the responsibility of and are subject to the claims-paying ability of the issuing insurance company.
Minimum subsequent premium amounts and limitations to when additional payments are allowed prior to income start date may apply. Please refer to the product fact sheet.