Safe Harbor Retirement Group

Types of Annuities

Types of Annuities

There are several different types of annuities and a wide variety of “riders” you can add.
Let’s first look at some of the basic kinds of annuities.

A fixed rate annuity has a stated rate of return and no loss of principal due to market downturns.
Fixed rate of return. No loss of principal.


Fixed Indexed
A fixed indexed annuity has a rate of return that may be linked to an external market index (like the S&P 500), but still may offer a minimum rate of return and no loss of principal or interest credits if the market index declines.
If stocks rise, returns rise. May include a guaranteed minimum rate of return. No loss of principal.


A variable annuity offers a choice of investment sub-accounts, similar to the choices in a 401(k), providing a chance to earn higher returns than a fixed annuity or fixed indexed annuity but with greater risks, including potential loss of principal.
Choice of investments. Possibility for higher than fixed or indexed return. Can lose principal.

Contact us for a complimentary, no obligation meeting where we will answer all of your questions and find out if an annuity makes sense for you!