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Annuities

Fixed annuities for income you can plan around.

Fixed annuities credit a stated interest rate for a defined period, offering a clearer growth path than market-linked products. Multi-year guaranteed annuities (MYGAs) lock a rate for a set term—often used when predictability matters more than upside participation.

fixed annuitiesfixed annuityMYGAmulti-year guaranteed annuity

As retirements stretch across longer lives, a portion of savings dedicated to contractual accumulation or future income can reduce the pressure on portfolios alone.

At Stead Life, fixed annuities sit alongside life insurance and longevity planning—chosen for fit, liquidity trade-offs, and horizon, not for a product-of-the-month narrative.

Annuities

Inside modern life insurance.

Each capability is a module. Stead Life keeps them connected.

How fixed annuities and MYGAs work

With a fixed deferred annuity, you allocate premium to the carrier; the contract credits interest according to its rate schedule. A MYGA typically guarantees a rate for a multi-year window, after which you may renew, transfer, annuitize, or take distributions subject to contract terms and any surrender charges.

  • Declared or multi-year guaranteed interest rates
  • Deferred accumulation with optional future income
  • MYGA structures for rate certainty over a set term
  • Surrender periods and liquidity limitations to understand upfront
  • Coordination with Social Security and portfolio withdrawal plans
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Some contracts are designed primarily for accumulation; others emphasize converting value into a stream of income later. Riders and payout options vary—and not every feature is appropriate for every household.

Withdrawals before the end of a surrender period can incur charges. Tax treatment of gains is generally deferred until distribution for qualified and non-qualified contracts under applicable rules—confirm details with a tax advisor.

Who fixed annuities are often for

Fixed annuities and MYGAs often appeal to people who want a defined rate environment for part of their savings—especially those nearing or in retirement who value ballast against sequence-of-returns risk.

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They are less suitable when near-term liquidity is essential, when you need full market participation, or when existing guaranteed income already covers essential expenses and additional annuity allocation would over-concentrate.

How Stead Life approaches fixed annuities

We map essential vs. discretionary spending, existing pensions and Social Security, and how long income may need to last. Only then do we discuss whether a fixed annuity or MYGA belongs in the mix—and in what amount.

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Carrier financial strength, rate, term length, free-withdrawal provisions, and rollover or 1035 exchange considerations (where applicable) are reviewed in context of your life insurance and broader plan.

Annual reviews help ensure annuity allocations still match a lengthening retirement—not last year’s assumptions.

Boundaries and practical limits

Fixed annuities are insurance contracts, not bank deposits or securities. Guarantees depend on the claims-paying ability of the issuing carrier. Early withdrawals can reduce value through surrender charges and, in some cases, market-value adjustments.

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Stead Life does not provide legal, tax, investment, or medical advice. Annuities are not appropriate for everyone. Products and availability vary by state and carrier.

How it works

Four steps.

From first conversation to an insurance relationship that evolves with you.

01

Discovery

02

Strategy

03

Implementation

04

Review

Connected modules

Explore the system.

Annuities overviewIndexed annuitiesLife insuranceLongevityInsightsStart a review

Next step

Start your Stead Life consultation.

Confidential. Focused. Built for longevity—not a one-off policy sale.

Insurance brokerage services are offered through Stead Technologies, Inc. d/b/a Stead Insurance Solutions, a licensed New York insurance brokerage (NY License No. 1994354). Insurance policies are issued by third-party insurance carriers. Stead Life and Stead Technologies, Inc. do not provide legal, tax, investment, custody, or medical advice. We may coordinate with clients’ independent professional advisers where appropriate. Insurance products and availability vary by state and carrier. Stead Life is not a medical provider and does not guarantee clinical outcomes.