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• Annuities
• Fixed Deferred
• Variable Deferred
• Fixed Immediate

The Only Financial Product That Can Guarantee Payouts for the Rest of Your Life

Retirement planning is one of the biggest challenges facing Americans today. With concerns over company pensions, Social Security, and a volatile stock market, annuities can be a great way to grow and supplement your retirement income every year.

In general, you buy an annuity with a lump sum or a series of payments. In return, your premium is paid back to you plus any earnings over a certain amount of time. Many annuities have a lifetime payout schedule; the longer you live, the more you receive. And with deferred annuities, your money can grow tax-deferred until your payout schedule begins. 

There are several kinds of annuities. To get started, there are basically four main types to consider—fixed or variable and deferred or immediate.

Fixed or Variable Annuities

A fixed annuity offers a guaranteed minimum interest rate or guaranteed income payment for a specific period of time. Fixed annuities are generally considered to be low risk and can guarantee retirement income that you can’t outlive. 

A variable annuity allows you to invest your purchase payment into a separate account, which invests in underlying portfolios with varying potential for return. Your earnings will fluctuate over time, and depending on the performance of the investments you choose, your principal may be more or less than originally invested. This gives you the opportunity for higher potential return but at a higher risk.

Deferred or Immediate Annuities

A deferred annuity, which can be fixed or variable, means that your guaranteed payouts of income are delayed until you elect to receive them. Many fixed annuities offer maturities as far as 10 -20 years down the road, which allows your money to grow based on the stated interest rate over the years before your payout schedule begins.

An immediate annuity, which can also be fixed or variable, allows you to turn a one-time, lump sum payment into a guaranteed series of payouts that generally begin within a year of the annuity issue date.


All guarantees are based on the claims-paying ability of the issuing insurance company. 

Variable annuities are sold by prospectuses for the product and underlying investment portfolios. The prospectuses contain information on the investment objectives, risk factors, fees and charges, as well as other important information about the product and investment companies, that should be carefully considered. Please read the prospectuses carefully before investing. You can obtain prospectuses by contacting your registered representative.

Variable annuities from the Genworth family of companies are underwritten by Capital Brokerage Corporation (dba Genworth Financial Brokerage Corporation in Indiana) - member FINRA.

There is no additional tax deferral benefit for annuities purchased in an IRA, or any other tax-qualified plan, since these plans are already afforded tax-deferred status. The other benefits and costs should be carefully considered before purchasing an annuity in a tax-qualified plan.

Variable annuities are long-term investments designed for retirement purposes.