People who are seeking a way to grow their retirement income but want guarantees, as well, may find an annuity is right for them. Transamerica’s variable and fixed index annuities provide the advantage of tax-deferred growth, a defined death benefit, and the option to establish income for life.
An annuity is a contract with an insurance company that can be customized to fit specific needs. Transamerica offers downside protection, the chance to participate in potential index growth with a fixed index annuity, or access to a wide suite of equity, credit, and money market funds with a variable annuity. For an additional cost, living benefits can be added to either to help secure income they can’t outlive.