Immediate fixed income annuities Turn your savings into lifelong income


Get a predictable stream of lifetime income, that can start right away, through our selection of immediate fixed income annuities.


Talk to us about annuities

Offered through The Fidelity Insurance Network®1

Guaranteed income

An income stream for life or for a set period of time for you or for you and your spouse.2

Personalization

Optional features that include payment guarantees for beneficiaries and annual cost-of-living adjustments.3

Stability

Steady, predictable payments that provide security regardless of market fluctuations.

How it works

Tell us how much you want to invest or how much income you need each month, and we’ll discuss your options based on:


  • Whether you'd like coverage for you only, or for you and your spouse
  • When you'd like your income to start (typically within a month of purchase)
  • How long you'd like the income to last (for life or for a specific number of years)

Minimum investment: $10,000

Compare immediate fixed income annuities available through The Fidelity Insurance Network®


Use our Guaranteed Income Estimator to calculate the income you could receive from a fixed income annuity

Done working, not done earning

Consider how guaranteed income annuities can help you cover essential expenses and achieve a more secure retirement

How to get started

  • Schedule an appointment with a Fidelity financial professional
  • Tell us what you’d like from an annuity
  • Work in close collaboration with us to help create a plan that meets your needs

Talk to us about annuities

Learn more about creating guaranteed income for your retirement

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Immediate fixed income annuity FAQs

  • What is an immediate fixed income annuity?

    Immediate fixed income annuities can provide you with predictable income payments for life or a set period of time. You simply convert a portion of your assets into ongoing payments that will not be affected by market movements. Using additional assets, you can also purchase a feature—commonly referred to as a cost-of-living adjustment (COLA)—that will increase your payments each year to help your income keep pace with inflation.

  • How is income calculated?

    Several factors go into calculating how much income you’ll receive, including your age, gender, and the purchase amount applied to the annuity. You can use Fidelity’s Guaranteed Income Estimator to calculate potential income or call us at 800-493-3004 for a personalized quote.

  • How does an income annuity payment differ from a systematic withdrawal plan?

    An income annuity payment has similarities to a systematic withdrawal plan in that both can provide payments on a specific schedule. The main difference is that only an income annuity can guarantee* income for the rest of your life. A systematic withdrawal plan allows you to access your assets and gives you the ability to stop or start payments at any point during the payout period. There is a risk, however, that income could run out, depending on how the underlying investments perform and the amount of the withdrawal.

Questions?

Contact us today to set up an appointment.

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Questions about an existing annuity?
800-634-9361

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