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Annuities

Annuities are retirement products that may be used to help you increase savings, protect your savings, or generate a stream of income.

Thinking about retirement? Let Fidelity help.

Retirement savings

Deferred annuities are a way to save more, tax-deferred, for retirement if you have contributed the maximum amount to your IRA, 401(k), or other tax-deferred savings plan.

Retirement savings & income

Deferred variable annuities with a withdrawal benefit2 provide guaranteed3 lifetime income with growth potential and access to assets.

Retirement income

Income annuities can turn a portion of your savings into a stream of income for either the rest of your life or a set period of time.

Learn the basics

What are annuities?

Annuities can offer tax-deferred5 savings, competitive interest rates, and a guaranteed3 stream of income you can't outlive.

More information

Annuities research
Learn about funds, research pricing, and performance.

Income Strategy Evaluator
Find a strategy to help meet your income needs.

Annuities exchange
Move6 your non-Fidelity annuity to our low-cost annuity.

1. These are deferred variable annuities: investment returns and contract value are not guaranteed and will fluctuate depending on market performance.
2. Excess withdrawals and any withdrawal prior to age 59½ may significantly reduce the guaranteed withdrawal benefit amount and if taken during the first 5 contract years, may be subject to a 2% surrender fee. Withdrawals of taxable amounts are subject to ordinary income tax and, if made before age 59½, may be subject to a 10% federal income tax penalty. Withdrawals of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution tax if your modified adjusted gross income exceeds the applicable threshold amount.
3. Guarantees apply to certain insurance and annuity products and are subject to product terms, exclusions, and limitations and the insurer's claims-paying ability and financial strength.
4. This is an immediate variable income annuity. The amount of each income payment is not guaranteed and will fluctuate.
5. If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so for the annuity's features and benefits other than tax deferral. In such cases, tax deferral is not an additional benefit of the annuity. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration.
6. Before exchanging, check with your current provider to see if it will assess a surrender charge, and also consider the existing benefits and features you may lose in an exchange, which may be of particular importance in poor market conditions.
Fidelity insurance products are issued by Fidelity Investments Life Insurance Company (FILI), 100 Salem Street, Smithfield, RI 02917, and in New York, by Empire Fidelity Investments Life Insurance Company,® New York, N.Y. FILI is licensed in all states except New York. Other insurance products available at Fidelity are issued by third party insurance companies, which are not affiliated with any Fidelity Investments company. A contract's financial guarantees are subject to the claims-paying ability of the issuing insurance company.

MetLife Growth and Guaranteed Income annuity (Policy Form Series No. 8800 (10/09)) is issued by MetLife Investors USA Insurance Company (MLIUSA), 5 Park Plaza, Suite 1900, Irvine, CA 92614 and, in New York (Policy Form Series No. 6800 (10/09)), only by Metropolitan Life Insurance Company, 200 Park Avenue, New York, NY 10166 (each, a "MetLife" company). MLIUSA and Metropolitan Life Insurance company are affiliates. The contract's financial guarantees are solely the responsibility of the issuing insurance company. Fidelity Brokerage Services, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors; they are not affiliated with any MetLife company.

Annuities at Fidelity are distributed by Fidelity Insurance Agency, Inc. and, for certain products, Fidelity Brokerage Services, Member NYSE, SIPC.
Fidelity Income Strategy Evaluator is an educational tool.
Before investing, consider the investment objectives, risks, charges, and expenses of the variable annuity and its investment options. Call or write to Fidelity or visit Fidelity.com for a free prospectus and, if available, a summary prospectus containing this information. Please read the prospectus and consider this information carefully before investing. Product availability and features may vary by state. Please refer to the contract prospectus for more complete details regarding the living and death benefits if applicable.
New York Regulation 168 Disclosure
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