Deferred Income Annuities Video

Available through The Fidelity Insurance Network®, deferred income annuities can provide future guaranteed lifetime income.

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.
Pensions are guaranteed by the employee's employer unless the employer transferred the liability to a third-party insurance company. Also, unlike pensions, annuities must be purchased and have associated costs and expenses.
This hypothetical example is for illustrative purposes only. Illustration, for both the age 55 and age 60 annuity purchases, is based on the best quote available as of 2/28/2019 from among the deferred joint life income annuities with a cash refund, which are distributed by Fidelity Insurance Agency, Inc.; and are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. Rates are subject to change, and payout will vary with age, gender, payout option selected, and the premium amount. Actual amounts are dependent on interest rates in effect at time of policy issue. A cash refund feature can be purchased with certain fixed annuity contracts. A contract with a cash refund feature refunds your lump-sum investment, minus any payments you have received, to your beneficiaries upon death.
Issuing insurance company reserves the right to limit contributions.
Restrictions may apply depending on payment option and/or contract type selected. Please refer to the product materials for additional details.
Minimum subsequent premium amounts and limitations to when they are allowed prior to income start date may apply.
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, 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.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917.

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