Annuities

Annuity Options for Retirement Income

Annuities are insurance contracts that can help turn retirement savings into income. Fixed annuities offer contractually defined interest guarantees, while income options can provide payments for a stated period or for life. Deferred annuities accumulate value before income begins; immediate annuities generally start payments sooner. The Jordan Insurance Agency helps you compare available annuity contracts, income start dates, survivor options, surrender charges and access to your money. Choose guarantees and liquidity that fit your retirement needs; guarantees depend on the issuing insurer's claims-paying ability.

ANNUITIES INFORMATION

Benefits of Annuities

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Guaranteed income — a selected income option can pay for a stated period or for life under its contract conditions. Guarantees depend on the issuing insurer’s claims-paying ability.

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Tax-deferred growth — earnings grow tax-deferred until you withdraw them.

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Protection from market volatility — fixed annuities specify rate guarantees for stated periods. Variable annuity investments can lose value; an optional income guarantee has conditions, fees and withdrawal restrictions and does not guarantee the account’s market value.

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Flexible payout options — available contracts may offer lifetime, joint-and-survivor or period-certain income. Compare payment amounts, start dates, survivor provisions and access to principal before choosing.

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Customizable features — some contracts offer optional inflation, long-term-care or death-benefit features. Availability, eligibility, limits and added charges depend on the actual contract.

ANNUITIES INFORMATION

Annuity Income, Costs and Contract Questions

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Are annuities right for everyone?
‍No. Annuities can be beneficial for those seeking guaranteed income, but they have fees and restrictions. We assess your overall financial situation to see if they’re a good fit. Compare annuity benefits and tradeoffs and surrender periods and charges.

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Can I access my money if I need it?
Most annuities have surrender periods during which withdrawals beyond a free withdrawal allowance are subject to charges. Some contracts allow partial withdrawals without penalties. We help you understand liquidity options.

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What happens to my annuity when I die?
Any payment to beneficiaries depends on the contract, death-benefit terms and payout option in force. A life-only income option may end payments at death; a joint-life or period-certain feature may provide different protection. Review its cost and conditions before choosing, rather than assuming the remaining account value will always be paid.

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Next Step: Schedule an annuity consultation to see how guaranteed income fits into your retirement plan.

THE JORDAN INSURANCE AGENCY

Why Choose
The Jordan Insurance Agency?

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Income strategy expertise — we help determine if an annuity fits your retirement plan and which type suits your goals.

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Clear explanations — we explain the trade-offs between fixed and variable annuities, fees and surrender charges.

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Long-term focus — our recommendations prioritize stability and align with your risk tolerance.

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Ongoing monitoring — we review your annuity’s performance and adjust your income plan as needed.

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Helpful guidance

Explore annuities before you decide

Start with the annuity guide

Explore annuity basics and questions to discuss with our team.

Read the guide →

Understand potential fees

Review the costs and contract details to ask about during a consultation.

Read the guide →

Know the withdrawal rules

Learn what to review about surrender periods and access to your money.

Read the guide →

The right coverage starts with the right conversation.

Locations
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North Carolina Office
3540 Toringdon Way
Suite 200
Charlotte, NC 28277

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Tennessee Office
159 4th Ave N
Suite 100
Nashville, TN 37219

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(704) 926-7565

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(980) 206-3356

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