Top 4 Companies with Excellent Fixed Annuity Offerings

Discover leading companies offering the best fixed annuity rates for secure retirement income. This guide reviews top providers, their plans, and essential tips to choose the right annuity, ensuring reliable returns and peace of mind for retirees.

Fixed annuities are investment products designed to provide steady income during retirement by paying a lump sum upfront in exchange for regular payouts over time. The returns depend on several factors including the initial deposit, age, gender, and investment duration. Generally, fixed annuities guarantee consistent interest rates, making them a popular choice for retirees seeking stability. They are contrasted with variable annuities, which fluctuate with market performance. Top providers for fixed annuities in 2018 include American Equity, Fidelity, MassMutual, and Lincoln Financial. Each offers various plans with competitive rates, backed by strong industry ratings. When selecting an annuity, consider fees, guarantees, and company reputation to ensure your investment is protected. Always review customer feedback and consult with professionals before making a decision.