Annuity

Cornerstone can help give you a more secure retirement.

An annuity is a financial vehicle designed to help people accumulate money for their retirement. Also, it can be used to turn a lump sum of money into a guaranteed stream of income payments. Deferred annuities offer the advantage of tax deferral and are used to accumulate money for retirement. There are two types of deferred annuities: fixed and variable.

Fixed deferred annuities pay a fixed rate of interest. They provide immediate monthly income, a guaranteed rate of return and guaranteed return of principal. You can enjoy flexibility and peace of mind with this solution for a safe retirement.

Variable annuities usually offer investment divisions such as stock, bond, money market, and specialty investment divisions, and fluctuate in value with market conditions.

Equity-Indexed Annuities provide guaranteed returns without the risk of losing your investment. If the stock market goes up, you participate in the gain. If the stock market goes down, your principal is guaranteed. Your principal and the gains you have earned are locked in and you have a guaranteed return of interest on your principal! It’s the thrill of the stock market without the risk!