Annuities allow an investment to grow over time on a tax-deferred basis. For clients seeking tax-deferral or lifetime income, we offer both fixed and variable annuities* from highly rated insurance companies and professional money managers.

* Variable Annuities are long-term, tax-deferred investments intended for retirement planning. Withdrawals of earnings and other distribution of taxable amounts are subject to ordinary income taxes, and if taken prior to age 59 ½, an additional 10% tax penalty may apply. Fees and expenses for these products may be higher and the surrender period may be longer than contracts without these enhanced features and benefits. Variable annuities may not be appropriate for some clients. You should carefully consider whether the insurance company will reduce or eliminate death benefit features at certain ages. You should also consider if the issuing company forces annuitization.