Fixed Annuity - Overview | Aviva USA

Fixed Annuity

With an Aviva annuity, you contribute now and receive income in the future. It grows with a guaranteed interest rate and tax-deferred until amounts are withdrawn,* usually at retirement. Aviva also offers fixed indexed annuities.

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What it can do for you

Adding an annuity to your retirement planning strategy can make a big difference in two ways. First, there is the real benefit of having income you can count on for the rest of your life. Second, there is the benefit of simply knowing you’ll have income for the rest of your life—that’s called peace of mind. And you can enjoy that now.

Helps you sleep better
An Aviva fixed annuity can help you save without exposing your money to the risks you would face with stocks, mutual funds or even most bonds.

Fills in the gaps
Oftentimes pensions, IRAs and social security don’t add up to enough retirement income. An annuity can supplement your retirement income and guarantee income for life—no matter how long you live.

When you might need it

If you’re in one or more of these situations, an Aviva annuity might be exactly what you need.

You’re saving for retirement
If you’re already contributing the maximum to other retirement plans, like an IRA or 401(k), an annuity offers supplemental retirement savings on a tax-deferred basis.

You are retired
An Aviva fixed annuity is ideal if you’re on a fixed income. It can be used to supplement your other retirement income by providing guaranteed payments for the rest of your life.

You’re worried you might outlive your savings
Annuities can provide guaranteed income for the rest of your life, whether you live to be 100 or even 110. It could happen.

You’re responsible for others
With an Aviva annuity, you can provide your loved ones with a payment in the event of your death, also called a death benefit.

*Taxable amounts withdrawn prior to age 59½ may be subject to a 10% IRS penalty in addition to ordinary income tax. Withdrawals are not credited with index interest for that term. Withdrawals in excess of the free amount may be subject to withdrawal charges and a market value adjustment and may result in the loss of principal if taken during the first 5-10 years of the contract.

Aviva does not authorize its agents, employees or representatives to give legal, tax or accounting advice. The information contained herein is our understanding of the current laws as they relate to annuities. These laws are subject to change in the future. Please consult your personal advisor for any tax, legal or accounting advice to determine if a single premium immediate annuity or a deferred annuity is right for you.



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