Fixed Annuities - Planning Ahead

There are limits to how much an individual can contributed  to IRAs and employer-offered 401(k) retirement plans.  As one of the biggest retirement risks is outliving your savings, fixed income annuities may help to avoid that pitfall, allowing you to plan for a lifestyle you’ve worked hard to achieve.

Advantages to fixed income annuities include:

  • No contribution limits
  • Steady income now or in the future
  • Tax-deferred earnings for retirement

Fixed annuities provide several payout options – payments for a specified period, payments for life, post retirement payments.  Provided you’ve been able to consistently contribute to your fixed annuity, it’s a great way to provide regular income during your retirement years.

This is where professional expertise can be incredibly valuable.  A good financial advisor understands each individual’s unique situation and will really listen and help guide you through investing in fixed annuities and provide sound advice based upon your concerns.


Schedule An Appointment


XCEL FCU is a credit union serving members in New Jersey, New York and across the country.