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Welcome to Fixed Annuity Direct
Your one stop destination for any type of annuity need that you may have.
Whether you are looking for information regarding annuity rates, annuity quotes, or the knowledge necessary to learn about, compare and buy annuities... Fixed Annuity Direct is sure to satisfy your requirements in the most streamlined manner possible. We have the unique capability of satisfying any type of annuity need, ranging from CD-Type Annuities, Fixed Annuities, Equity-Indexed Annuities to Immediate Annuities, the variety of options available from Fixed Annuity Direct is extensive.
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Fixed Annuity Direct
is one of the most recognized and widely trusted no-load annuity marketplaces on the web. By providing the most efficient and reliable service to its clients, FixedAnnuityDirect.com is recognized as a leading authority in the field of annuities. Many respected financial institutions rely on FixedAnnuityDirect.com for current market conditions and expert advice regarding annuities. |
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| Additional Articles |
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What Is an Annuity?
Annuity basically refers to an insurance contract. Annuity contract comes into existence when an individual gives the insurance company single payment or a series of payments which may grow tax deferred and then it is distributed back to the owner in several ways. The defining characteristic of annuity contract is the option for a guaranteed distribution of income for a specific period of time or till the death of the person or persons named in the contract.
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How Do Annuities Work?
Before making any decision regarding annuities it is very necessary to know exactly how they work. Annuity is basically a simple contract in which the contract owner gives money to the insurance company, in turn the insurance company either pays interest rate on the capital so that the money can grow like saving account or pays to the contract owner a monthly income starting after purchase of the annuity which lasts for a specified period of time.
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Benefits for Annuity Purchases
For retirement planing, annuities are considered as the best available option because it can provide the contract owner guaranteed income for a pre-specified period. Annuity is a solution for many financial problems. In many of its advantages three primary advantages are tax deferral, avoidance of probate and a guaranteed income for a fixed time period.
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Deferred annuity
Deferred annuity refers to a type of annuity in which the payment of income, installments or a lump sum is delayed until the investor decides to receive them. Earnings on a deferred annuity account are taxed only upon withdrawal, providing the annuity with a tax benefit. This facility makes deferred annuity a great way to accumulate money for retirement. Deferred annuity has two main phases, savings phase in which money investment is made into the account and income phase in which payments are received.
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Immediate annuity
Immediate annuity is a type of annuity in which the contract owner starts getting payments after a single premium is paid. Payments can be made on a monthly, quarterly, annual or semi-annual basis. The rate of payment in immediate annuity is of two types - fixed rate and variable rate. The fixed rate guarantees a set income that will not fluctuate, whereas in variable rate payments will fluctuate according to the performance of selected investment the annuity is based on.
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Tax Sheltered Annuity
Tax-Sheltered Annuity is a type of annuity that allows an employee to make contributions from his or her income into a retirement plan. The contributions are deducted from the employee's income and as a result, the contributions and related benefits are not taxed until the employee withdraws them from the plan. Because the employer can also make direct contributions to the plan, the employee gains the benefit of having additional tax-free funds accruing.
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CD-Type Annuity
CD-type annuities refer to interest rate investment that is issued by insurance companies. Since they pay a pre-specified interest rate for a specific term, they are often compared to CDs and termed as "CD-Type annuity." They're different from most fixed annuities in a way that if you buy a five-year CD-type annuity at 4 percent, you're guaranteed to get 4 percent annually if you hold the CD for five years while other fixed rate annuities often guarantee a rate only for the first year.
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 Protective Life
FutureSaver II 10
$100k Deposit
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6.16% Ten Year Guaranteed
Interest Rate
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| 10 Year Surrender Term |
| A+ (Superior) Rating from A.M. Best |
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