Annuity Benefits

Annuities made easy with this list of key benefits of fixed deferred annuities.

senior couple discussing annuity benefits.
+1. Safe from market fluctuations-1. Safe from market fluctuations1. Safe from market fluctuations
Unlike other types of annuities, the money in a fixed deferred annuity grows at a guaranteed minimum interest rate.That means your account value will never go down unless you choose to make withdrawals.

+2. The opportunity to generate a stream of income for life-2. The opportunity to generate a stream of income for life2. The opportunity to generate a stream of income for life
Fixed deferred annuities give you the choice to receive guaranteed payments for the rest of your life. This predictable income stream can help you plan for the goals you want to achieve during retirement.

+3. Tax-deferred growth-3. Tax-deferred growth3. Tax-deferred growth
The money in your annuity accumulates on a tax-deferred basis. That means you do not pay taxes on your earnings until you withdraw the money. Because of tax deferral, your money may grow faster in an annuity than it might in a similar, taxable investment.

+4. A guaranteed death benefit-4. A guaranteed death benefit4. A guaranteed death benefit
In the event of the annuitant's death, the annuity's account value will be paid directly to the beneficiary.

+5. Access to your money-5. Access to your money5. Access to your money
With most fixed annuities, you can access a portion of your money each year after the first year without any withdrawal charges. And after a certain length of time most fixed annuities will allow you to access your money whenever you choose or to receive automatic withdrawals without paying withdrawal charges. Finally, when you're ready, you can turn the value of your annuity into a guaranteed stream of income that will last as long as you live.1

+6. Confidence-6. Confidence6. Confidence
Buying an annuity from a reliable company with a strong financial history gives you the confidence to know your money will be there when you need it.

+7. Simplicity and transparency-7. Simplicity and transparency7. Simplicity and transparency
With guaranteed rates and easy-to-understand payment options, fixed deferred annuities are one of the most straightforward retirement savings options available.

+8. Timed payments to minimize taxes-8. Timed payments to minimize taxes8. Timed payments to minimize taxes
To minimize taxes, you can time your withdrawals to begin in later years, when your taxable income may be less.

Life insurance and annuities issued by:
Liberty Life Assurance Company of Boston, a Liberty Mutual company
Home office: Boston, Mass. Service center: Dover, N.H.

1Withdrawals are subject to tax on any gain in the contract and, if taken before age 59 1/2, may be subject to a 10% federal tax penalty. In addition, the withdrawals will reduce the death benefit and account value. Clients should consult a tax advisor.