Whether you need to supplement retirement income derived from other sources or fund your retirement income completely, our high quality tax-deferred annuities can help you meet your long-term goals and objectives.
Most annuities are sold by prospectuses, containing complete product details, including fees, charges and risk considerations. Product, Portfolio and Rider offerings may vary by state. Investors should read the prospectus carefully before investing.
Insurance company contracts commonly used to help build retirement assets.
Guaranteed interest products commonly used to help build or protect retirement assets against inflation.
Instruments used to provide consistent, guaranteed periodic income payments.
Access monthly and quarterly performance and download prospectuses for Morgan Stanley Smith Barney Variable Investment Series and Select Dimension Investment Series.
Answers about how annuity products can fit into your life.
More about annuities
With an annuity - a contract between you and an insurance company - you agree to make at least one payment to the insurance company and the insurance company agrees to make a series of payments to you at a later date. Your payment(s) to the insurance company becomes your annuity principal. This principal, plus any earnings (minus any withdrawals) is then paid to you at a time you designate, usually at retirement. Payments can be made for a specific length of time or for life.
- The individual who purchases the annuity is called the owner, or contract holder.
- The individual whose life expectancy is measured to establish the basis of the annuity payment is called the annuitant (often, one and the same as the owner/contract holder).
- The individual designated by the owner/contract holder to receive the contract's benefits in the event of the annuitant's death is the beneficiary.
