Variable Annuities

A variable annuity is a long-term investment product designed for your retirement because it offers:

  • Guaranteed lifetime payout options that provide a steady, reliable income stream for the rest of your life.
  • A wide selection of investment options, featuring prominent money managers, to customize your retirement portfolio to suit your needs. Variable annuities contain investment options that are subject to market risk and possible loss of principal.
  • Tax-deferred earnings accumulation so your retirement income can grow tax-free until you begin withdrawals.
  • Guaranteed death benefit options to provide solutions to planning for wealth transfer, potentially reducing tax liabilities, which may protect or even increase your annuity assets for your beneficiaries.

Withdrawals of taxable amounts are subject to ordinary income tax and if taken prior to age 59 ½, a 10% federal tax penalty may apply. 

All guarantees, including optional benefits, are based on the claims-paying ability of the issuing insurance company.

TFG offers one of the most comprehensive suites of annuities in the industry, that offer innovative living and death benefit options. These retirement solutions can provide you with guaranteed income for life and help preserve your legacy for future generations.