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Free Annuity Education & Suitability Check

Is Your Money Working as Hard as You Did?

Millions of Americans leave thousands of dollars on the table every year keeping money in CDs, bonds, and savings accounts that earn next to nothing — while taking on hidden risks they don't see coming.

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6 of 10
Retirees fear outliving savings
$20K+
Minimum to start
72%
S&P positive years since 1957
1 in 3
65-year-olds live past 90

What Can Derail Your Retirement

Four forces silently work against retirement savings. A solid plan addresses each one — and a Fixed Indexed Annuity is uniquely designed to combat all four.

Risk #1

Inflation Risk

Inflation erodes buying power over time. If you retired in 2000, your income today would need to be 50% higher just to maintain the same lifestyle. A $20 purchase in 2000 costs $30 today.

FIA Solution: Index-linked growth helps your money keep pace with rising costs over time (subject to caps/participation rates; not guaranteed).
\u221233% Reduction in Social Security buying power since 2000 \u2014 inflation is the direct cause
Risk #2

Market Volatility Risk

The S&P 500® has lost roughly half its value twice in the past 20 years. Withdrawing from accounts during a downturn locks in losses — and can permanently damage your nest egg.

FIA Solution: Zero is your hero — interest credits can never go below 0%. Your principal is protected from market loss (surrender charges may still apply on early withdrawal).
56% Of retirees retired earlier than planned \u2014 often due to market or job disruption
Risk #3

Interest Rate Risk

Low interest rates reduce the growth of savings and CDs. In a low-rate environment, conservative savers can see their assets exhausted earlier than expected — sometimes decades too soon.

MYGA Solution: Lock in a guaranteed rate for 3–7 years — typically beats CD rates with tax-deferred growth. Not FDIC insured; surrender charges apply if withdrawn early.
30% Of retirees still carrying mortgage debt into retirement
Risk #4

Longevity Risk

1 in 3 people aged 65 today will live past 90. The old "4% rule" for withdrawals is now considered too aggressive — many experts recommend just 2.8%. Running out of money is the #1 retirement fear.

Income Rider Solution: Lifetime income you literally cannot outlive. Requires an optional income rider, which may carry an additional annual cost.
78% Of workers want guaranteed income they can\u2019t outlive

What Exactly Is an Annuity?

An annuity is a contract between you and an insurance company. You contribute a lump sum and receive guaranteed growth, protection, and often a guaranteed income — for life.

Fixed Indexed Annuity (FIA)

Grow With Market Upside, Zero Downside Risk

Your money grows based on a market index (like the S&P 500), but your principal is 100% protected from losses. You participate in gains — and never lose a dollar when markets fall.

  • Principal protection from market loss
  • Growth linked to S&P 500 and other indices
  • Tax-deferred accumulation
  • Optional lifetime income riders
  • 10% annual free withdrawals
  • Surrender charges apply on withdrawals above the free amount during the surrender period
Multi-Year Guarantee Annuity (MYGA)

Guaranteed Rate — The Smart CD Alternative

A MYGA locks in a guaranteed interest rate for 3, 5, or 7 years with zero market risk. It typically outperforms bank CDs while providing tax-deferred growth advantages.

  • Fixed guaranteed rate for 3, 5, or 7 years
  • Tax-deferred growth (pay taxes later)
  • $20,000 minimum premium
  • Typically outperforms bank CDs
  • Great for conservative savers
  • Not FDIC insured; early withdrawal beyond the free amount triggers a surrender charge
Single Premium Immediate Annuity (SPIA)

Turn Savings Into Guaranteed Monthly Income Now

A SPIA converts a lump sum into an immediate income stream — starting within 30 days. Ideal for those who need reliable income right now to supplement Social Security.

  • Income starts within 30 days
  • 9 flexible payout options
  • Income for life or fixed period
  • $20,000 minimum premium
  • Supplement Social Security income
  • Irrevocable once annuitized — access to the lump sum is generally given up in exchange for guaranteed payments

Is Your Money in the Right Place?

Millions of Americans — and their parents — are keeping large sums in CDs, savings accounts, and bonds that may not keep up with inflation, taxes, or life expectancy. See how they compare to a Fixed Indexed Annuity.

Feature Bank CD Savings Account U.S. Bond / Bond Fund Fixed Indexed Annuity
Principal Protection ✓ FDIC (up to $250K) ✓ FDIC (up to $250K) ⚠ Bond funds can lose value ✓ 100% Protected
Growth Potential Fixed rate only (low) Very low (0.5–2%) Moderate, but rate sensitive ✓ Index-linked (higher potential)
Tax-Deferred Growth ✗ Taxed annually ✗ Taxed annually ✗ Taxed annually ✓ Tax-deferred until withdrawal
Guaranteed Lifetime Income ✗ No ✗ No ✗ No ✓ Optional income rider available
Inflation Protection ✗ Rate may not keep pace ✗ Typically falls behind ⚠ Limited ✓ Index growth may outpace inflation
Death Benefit for Heirs ✗ Goes through probate ✗ Goes through probate ✗ Goes through probate ✓ Passes directly to named beneficiaries
Long-Term Care Protection ✗ No ✗ No ✗ No ✓ Select products double income if confined
Penalty for Early Withdrawal ⚠ 3–12 months interest ✓ Usually none ⚠ Market value risk ⚠ Surrender period (10% free yearly)
Minimum Amount $500–$1,000 $0–$100 $100–$1,000 $20,000

Have a Parent or Grandparent with Money in CDs or Savings?

If someone you love has significant savings sitting in a bank CD earning 3–5% that gets taxed every year, they may be missing out on tax-deferred growth, guaranteed lifetime income, and protection from market loss. A Fixed Indexed Annuity could be a smarter home for those funds — especially if they have $20,000 or more in a CD that's coming due, a savings account, or a bond that's maturing.

Questions to ask together: Is this CD or savings balance earning enough to keep up with inflation? Would guaranteed income for life provide more peace of mind than the current rate? Is there flexibility to review options together with a licensed advisor before any renewal or rollover decision is made?

Consider Laddering Your Guaranteed-Rate Annuities

Instead of putting every dollar into one guaranteed-rate term, annuity laddering spreads your savings across multiple guaranteed-rate annuities with staggered maturity dates — each one a "rung" on your ladder. As each matures, you can roll it into a new guaranteed-rate term, move it into a growth or income annuity, or spend it — giving you flexibility, diversification across interest-rate cycles, and optimized access over time.

What the Market Actually Does to Retirement Savings

The S&P 500 is mostly positive — but a single stretch of bad luck at the wrong time can permanently destroy a retirement. Understanding this is critical before deciding where to put your savings.

50
Positive years in S&P 500 history since 1957 (out of 69 years)
72%
Percentage of calendar years with positive S&P 500 returns
17%
Average gain in the 50 positive years
−38%
Worst single year (2008) — and it took years to recover
108%
Recovery needed to break even after a 50% market loss
6.0%
FIA average annualized return over 122-year back-test — vs. 4.9% for bonds
$387K
Average healthcare costs for a 65-year-old couple in retirement — a key driver of longevity risk

The Sequence of Returns Trap

Two investors both average the same 121% return over 20 years. But the order of returns is flipped. Same total performance — very different outcomes when withdrawing income.

Bob
Market rises early.
Starting value: $500,000
After 20 years: $550,879 remaining
Took $25K/year throughout.
Ted
Market drops early.
Starting value: $500,000
After 19 years: $0 — ran out of money
Took same $25K/year.

An annuity separates your safe income floor from market risk — so a bad run of returns at the wrong time doesn't bankrupt your retirement.

Key Ages That Change Your Strategy

Retirement planning is time-sensitive. Each age milestone unlocks options — and creates urgency. The best time to act is now.

50
50
Catch-Up Contributions
Begin extra "catch-up" contributions to IRAs and employer plans. Start annuity accumulation now for maximum income base growth.
55
55
Early Withdrawal Window Opens
If you leave your employer, you may access 401(k) funds penalty-free. Ideal time to evaluate rollovers into a Fixed Indexed Annuity.
59½
59½
Penalty-Free Zone
All penalty-free IRA/401(k) withdrawals now available. IRA rollover into annuity is 100% tax-free as a direct rollover.
62
62
Social Security Eligible — Consider Your Options
Early SS benefits reduce payments by up to 30%. Some retirees use annuity income to supplement cash flow while allowing SS benefits to grow toward full benefit at 67 or the maximum at 70 — a licensed advisor can help you weigh this decision.
65
65
Medicare Begins + Healthcare Gap
Average 65-year-old couple faces $387,644 in lifetime healthcare costs. A guaranteed income annuity helps cover medical expenses with certainty.
70
70
Maximum Social Security
Benefits are 124% of full retirement amount if you wait until 70. Consider a SPIA to immediately supplement this income if you have CDs or savings available.
73
73
Required Minimum Distributions
RMDs begin from most qualified accounts. Annuities can help manage income strategically to minimize tax impact during RMD years.

The Annuity Process in 4 Simple Steps

1

Take the Assessment

Answer 7 quick questions about your age, goals, and finances

2

Get Matched

Our algorithm identifies the annuity types best suited to your situation

3

Review Options

See specific products with rates, terms, and income projections

4

Get Your Quote

Request a no-obligation personalized quote from a licensed advisor

Find Your Perfect Annuity Match

Answer 7 questions to get a personalized annuity suitability score and product recommendations — about 2 minutes. You can print your results at the end.

Before You Start
Who Is This Assessment For?
Take it for yourself, or fill it out on behalf of a parent, grandparent, child, or grandchild — either way you'll get a fully personalized score and product recommendations for that person.
Question 1 of 7
What is your current age range?
Age is the most important factor in determining annuity type, income timing, and product suitability.
Question 2 of 7
How many years until you need retirement income?
This determines whether you need income now, soon, or are still accumulating for the future.
Now5 years10 years15+ years
5 years
Approaching retirement — income options available soon
Question 3 of 7
What is your primary financial goal?
Select the option that best describes what you most need an annuity to do for you.
Question 4 of 7
How would you describe your relationship with investment risk?
This helps us match you with the right annuity structure and index strategy.
Question 5 of 7
How much are you considering placing in an annuity?
Most annuities require a minimum of $20,000 to open. The more you invest, the more product options and bonus features become available.
Question 6 of 7
Where would your annuity premium come from?
The source of funds affects which products, tax treatments, and rollover options are available to you.
Question 7 of 7
What is your biggest financial concern heading into retirement?
Your biggest fear shapes which annuity structure will give you the most peace of mind.
Score

Ready to see real numbers? A licensed advisor will run exact projections for your age, premium amount, and goals — at no cost or obligation. Minimum $20,000 to get started.

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Get Your Personalized Quote in 24 Hours

Enter your contact info below and a licensed advisor will reach out with a customized annuity illustration based on these results. No pressure, no obligation.

Your information is secure and will never be sold or shared.

10 Annuity Products — One Right Fit

Each product serves a different financial situation. Your assessment will match you to the best fit. Minimum $20,000–$25,000 initial premium depending on product.

FIA · Accumulation

AccuMax 7

7-year multi-year crediting strategy with diversified index allocation. Spread risk across multiple indices for more consistent returns.

  • 7-year multi-year crediting period
  • S&P 500, AI-powered, and Shiller indices
  • 10% annual free withdrawals
  • Diversification across indices built in
Best for: Ages 50–65 focused on long-term accumulation
SPIA · Immediate Income

Activate

Convert a lump sum — including a maturing CD — into guaranteed monthly income starting within 30 days.

  • Income begins within 30 days
  • 9 payout options (life, period certain, joint)
  • Minimum $20,000 premium
  • Supplements Social Security immediately
Best for: Ages 65+ needing income right now
FIA · Income + Care

Agility

FIA with free income and death benefit rider — income that automatically doubles if you need long-term care.

  • Free income + death benefit rider
  • 2× income if confined to care facility
  • Market-linked growth with zero floor
  • Flexible payout options
Best for: Ages 55–70 concerned about long-term care
FIA · Income Bonus

Ascent Pro 10 Bonus

20% upfront income base bonus + 10% simple interest growth per year for 20 years — the most powerful income builder available.

  • 20% upfront income base bonus
  • 10% simple interest per year for 20 years
  • Guaranteed lifetime income rider
  • Principal protection from market loss
Best for: Ages 50–60 planning future retirement income
FIA · Tech Indices

Aviator

Access next-generation technology indices with Index Lock — lock in gains daily so you never give them back to the market.

  • 5 and 10-year term options
  • Bank of America FC Technology index
  • Index Lock — capture gains daily
  • 10% annual free withdrawals
Best for: Ages 50–65 wanting sophisticated index strategies
MYGA · Guaranteed Rate

MaxRate

Lock in a guaranteed fixed interest rate for 3, 5, or 7 years. The smarter CD alternative — no market risk, better rates, tax-deferred.

  • Guaranteed rates: 3, 5, or 7 years
  • Tax-deferred growth — pay taxes later
  • $20,000 – $1,000,000 premium range
  • Typically outperforms bank CDs
Best for: All ages — especially CD switchers
FIA · Premium Bonus

Performance Elite

7, 10, and 15-year versions with premium bonus on 10/15-year contracts. Plus version adds Return of Premium guarantee.

  • 7, 10, and 15-year versions
  • Premium bonus on 10 and 15-year terms
  • Plus version: Return of Premium guarantee
  • Strategy Preset index allocation
Best for: Ages 50–65 wanting flexibility and bonus growth
FIA · Growth Accumulation

GrowthMax

5, 7, or 10-year fixed indexed annuity with a performance trigger crediting option — credit interest as long as the index doesn't lose value.

  • 5, 7, or 10-year term options
  • Performance trigger + declared rate strategies
  • Optional Rate Booster for higher caps/participation
  • Dollar Cost Averaging option over 12 months
Best for: Ages 50–65 wanting steady, protected growth with strategy choice
FIA · Income + Care

IncomeGuard

7 or 10-year FIA with a guaranteed lifetime income rider offering an activation bonus up to 200% — plus Income Doubler if you ever need long-term care.

  • Activation bonus up to 200% on lifetime income
  • Choice of upfront premium bonus or max activation bonus
  • Income Doubler for up to 5 years if care-qualifying
  • Level or 2.5%-increasing income options
Best for: Ages 55–70 planning a future guaranteed paycheck
MYGA · MVA Option

CertainRate

3 or 5-year guaranteed rate annuity with an optional Market Value Adjustment version for an even higher locked-in rate. No fees, ever.

  • Guaranteed rate for 3 or 5 policy years
  • Higher rate available on deposits of $100,000+
  • Optional MVA version for a boosted guaranteed rate
  • No fees or expenses, ever
Best for: CD switchers who want a second guaranteed-rate option to ladder

Customize Your Protection

Many of our annuity products can be enhanced with optional riders — some at no added cost, some for a small annual charge. Availability varies by product and state.

Rate Booster

Choose higher participation rates or caps on indexed strategies for a small annual fee — available on all crediting options.

Dollar Cost Averaging

Spread your premium into index crediting strategies gradually over 12 months instead of all at once.

Nursing Care Rider

Access a portion of your accumulation value without a withdrawal charge if you become confined to a nursing care facility, starting in year two. No added cost.

Terminal Illness Rider

Waives withdrawal charges on a qualifying withdrawal if diagnosed with a terminal illness. No added cost.

Emergency Access Waiver

Waives withdrawal charges for qualifying 403(b) hardship or 457(b) unforeseen emergency distributions, if approved by your plan.

Income Doubler

On income-rider products, your lifetime income can double for up to 5 years if you can't perform two of six daily living activities.

See a Hypothetical Illustration

Plug in a premium amount to see what a sample illustration could look like for each type of annuity on this site. This is a simplified, editable estimate you control — not an official policy illustration.

For illustration purposes only. This calculator produces a hypothetical, non-guaranteed estimate based on the numbers you enter — it is not an official policy illustration, contract, or offer. Actual index-linked growth, caps, participation rates, and lifetime income amounts vary by product, current declared rates, and market performance, and are not guaranteed except where a rate is specifically labeled "guaranteed." Please request a complete, carrier-generated illustration from your licensed insurance agent, Willie Ashford III (708-742-7234), before making any purchase decision.

Lock in a fixed rate with zero market risk — pick 3 or 5 years.

4.60% — rate set by your advisor

Want to review these numbers with a licensed agent and see a real, carrier-generated illustration?

Book Your Free Safe Money Strategy Call

With Willie Ashford III — Licensed Insurance Agent — (708) 742-7234

5 Reasons to Consider an Annuity

Principal Protection

Your original investment is shielded from market downturns. You participate in gains — never in losses.

Annuities are not FDIC insured — backed by the issuing carrier’s claims-paying ability. See surrender charge details →

Income You Can't Outlive

Lifetime income riders guarantee a monthly paycheck for as long as you live — no matter how long that is.

Requires an optional income rider, which may carry an added annual cost and reduce contract value if never activated.

Tax-Deferred Growth

Your money grows without annual taxes on gains. You pay tax only when you withdraw — often at a lower rate.

Withdrawals before age 59½ may incur a 10% IRS penalty in addition to ordinary income tax on gains.

Death Benefit for Heirs

Remaining account value passes directly to your named beneficiaries — often bypassing probate entirely.

The death benefit is reduced by any prior withdrawals, loans, or surrender charges outstanding on the contract.

Long-Term Care Rider

Select products double your income if you require care facility services — built-in protection at no extra cost.

Available only on select products; requires ADL-qualification (2 of 6 daily living activities) and applies only to income-rider contracts.

Frequently Asked Questions

Key Things to Know Before You Start

  • Annuities are insurance products — not bank deposits and not FDIC insured. They are backed by the issuing carrier’s claims-paying ability.
  • Most products have a surrender charge period ranging from 3 to 15 years — withdrawing more than the free amount during this period incurs a charge.
  • The minimum initial premium for products on this site is $20,000 (some products require $25,000+).
  • This site is educational, not financial or legal advice. Speak with a licensed advisor before making any purchase decision.
The minimum initial premium for the annuity products we work with ranges from $20,000 to $25,000 depending on the product. Guaranteed-rate (MYGA) products can accept up to $2,000,000 or more with home office approval. Income-focused and growth-focused FIAs typically start at $20,000–$25,000. If your premium is below that, we can discuss strategies to help you qualify or explore options for building to that threshold.
For many people, yes — especially if you won't need all the money for several years. A MYGA (Multi-Year Guarantee Annuity) works like a CD but typically offers higher interest rates, and the growth is tax-deferred rather than taxed annually. A Fixed Indexed Annuity adds the potential for higher growth linked to market indices while still protecting your principal. The key difference: an annuity isn't FDIC insured (it's backed by the insurance company's claims-paying ability), but it offers features a bank CD cannot — guaranteed income, tax deferral, and death benefits.
Not in the annuity types we offer due to market losses. Fixed Indexed Annuities and MYGAs provide 100% principal protection — your account cannot go below its starting value because of market performance. The only way to reduce your balance is through early surrender charges if you withdraw more than the free withdrawal amount before the surrender period ends. After the surrender period, you have full access to your funds.
Absolutely — and many of our best conversations start exactly that way. If your adult children are concerned about your savings being in a CD or low-earning savings account, taking this assessment together is a great first step. We encourage family members to be part of the process. Our licensed advisor can speak with you and a family member together to walk through how an annuity could fit your situation, address any concerns, and make sure everyone feels comfortable with the decision.
Surrender charges apply if you withdraw more than the free withdrawal amount (typically 10% annually) during the surrender period. Depending on the product, surrender periods range from 3 to 15 years. After the period ends, you have full access to all your funds. This is why we assess your timeline carefully — if you might need the money within 3 years, we'll point you to a shorter-term product.
Yes — this is one of the most popular and tax-efficient ways to fund an annuity. A direct rollover from a traditional IRA or 401(k) into an IRA annuity is completely tax-free. No taxes are triggered at the time of transfer. The annuity then continues to grow tax-deferred, and you pay income tax only when you make withdrawals. This is especially popular for protecting 401(k) savings from market risk while maintaining tax-deferred status.
Income riders create a separate "income base" that grows at a guaranteed rate (typically 10% simple interest per year on some products) regardless of market performance. When you're ready to take income, the insurance company calculates your lifetime monthly payment based on your income base and your age — and guarantees that amount for life. The account value and income base are separate: the income base calculates payouts but cannot be taken as a lump sum. Any remaining account value passes to your beneficiaries.
Take the 7-question assessment above (about 2 minutes), then click "Get My Free Annuity Quote" to connect with a licensed advisor who will run personalized projections for your specific age, premium, and goals. The consultation is completely free with zero obligation. The minimum to get started is $20,000. The full process from assessment to issued policy typically takes 2–4 weeks.

Ready to Protect Your Retirement?

Our licensed advisors will build a customized annuity strategy based on your assessment results. Whether your money is in a CD, savings, bonds, or an IRA — we'll show you what's possible. Minimum $20,000. No pressure. No obligation.

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Licensed · $20,000 Minimum · Free Consultation · No Obligation