Annuities can give you a sense of financial security during your retirement years, much like life insurance gives peace of mind to your loved ones after you're gone. With annuities, as money accrues in your account, your savings are turned into a stream of income, guaranteeing payments for as long as you live or for a specified period of time.

A fixed annuity provides a safe, no-risk investment with stable growth. You are promised a guaranteed rate of return, even if the market goes down or interest rates decline.

In addition, the earnings in an annuity are not taxable until withdrawn. Over the life of your annuity, tax deferral can make a significant difference in the growth of your annuity value. An excellent tool in financial planning, tax-advantaged annuity payments can be used to supplement your income throughout your retirement.

Gleaner offers an attractive and competitive portfolio of flexible or single-premium, tax-deferred annuity products that feature:

• A competitive accumulation rate
• Surrender charge (what is this?) periods that range from three to eight years
• The ability to annually withdraw up to 10% of the accumulated value of your annuity without a surrender charge
• One hundred percent of your contribution credited to your account
• No sales charges or annual maintenance fees

And upon death, the full value of your annuity will be paid directly to your beneficiaries, avoiding the costs, delays, and publicity of probate.

Gleaner offers several settlement options once your annuity value is ready for payout, including fixed period, fixed amount, life only, life and period certain, and joint income. When the time comes to convert your savings into a reliable income stream, your Gleaner representative can help you decide which option would be best suited for your situation.

Download product details for any of the following Gleaner annuity products:

Additional Gleaner annuity products:

Traditional IRA
Roth IRA
SEP IRA
TSA/403(b)
401(k)
Non-Qualified Annuity

For more information, request an appointment with a Gleaner representative.