Compare Deferred Fixed Annuities
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Questions about an existing annuity?
(Superior) A++
(Superior) A++
(Superior) A++
(Superior) A+
(Superior) AA+
(Very strong) AA+
(Very strong) AA+
(Very strong) AA+
(Very strong) AA-
(Very strong)
7%, 7%, 7%, 6%, 5%, 4%, 3%, 0% thereafter.10 MVA may apply. Surrender charges: 9-year
7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter.10 MVA may apply. Surrender Charges: 10-year 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 1%, 0% thereafter.11 MVA may apply. 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter.10 MVA may apply.
existing annuity? 800-634-9361 1. Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. These products are distributed by Fidelity Insurance Agency, Inc., and, for certain products, by Fidelity Brokerage Services, Member NYSE, . A contract’s financial guarantees are solely the responsibility of and are subject to the claims-paying ability of the issuing insurance company. 2. Ratings are current as of March 7, 2022. Financial strength ratings are opinions from independent rating agencies of an insurer’s financial strength and ability to pay its insurance policies and contract obligations. They are not recommendations to purchase, hold, or terminate any insurance policy or contract issued by an insurer, nor do they address the suitability of any particular policy or contract for a specific purpose or purchaser. Ratings range from A++ to F for A.M. Best ratings, and AAA to CC for Standard & Poor's ratings, and are subject to change. For the latest ratings and definition of ratings, access www.ambest.com and www.standardandpoors.com. 3. This is a Market Value Adjustment (MVA) annuity product. The MVA applies if the client surrenders the contract or withdraws funds in excess of the free withdrawal amount before the end of the guarantee period. The amount the client receives will be adjusted based on interest rate conditions at that time. Typically, if current interest rates upon surrender or withdrawal are higher than they were at issue, the MVA will result in a lower payment. If current interest rates are lower than they were at issue, the MVA will result in a higher payment. The market value adjustment (MVA) may apply in addition to surrender charge penalties. Typically, MVA fixed annuities do not have up-front sales loads or ongoing expenses. The insurance company's costs are built into the interest rate paid on the contract. Additionally, your contract may be subject to an early withdrawal charge (also called a contingent deferred sales charge). If the MVA fixed annuity that you are considering has a prospectus you should consult it for the specific early withdrawal charge schedule and the market value adjustment calculation. To invest safely in an MVA annuity, you should fully evaluate the financial strength of the issuing insurance company and carefully read the annuity product disclosure. 4. Annuity guarantees are subject to the claims-paying ability of the issuing insurance companies. All products and rate guarantee periods may not be available in all states. Principal and interest are guaranteed if held for the length of the guarantee period. When selecting a guarantee period you should consider your liquidity needs for the period's duration. 5. Not available in NY. 6. Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. 7. Withdrawal charges will not apply if contract is subject to RMD and amount exceeds surrender charge free withdrawal amount. 8. In New York, the surrender charge schedules are as follows: 3 Years: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4 Years 7%, 6%, 5%, 4%, 0% thereafter. MVA may apply; 5 Years: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply; 6 Years: 7%, 6%, 5%, 4%, 3%, 2%, 0% thereafter. MVA may apply. 9. In New York, the surrender charge schedules are as follows: 3 Years: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4 Years 7%, 6%, 5%, 4%, 0% thereafter. MVA may apply; 5 Years: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply. 10. In New York, the surrender charge schedules are as follows: 3-Year: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4-Year 7%, 6%, 5%, 4%, 0% thereafter MVA may apply; 5-Year: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply; 6-Year: 7%, 6%, 5%, 4%, 3%, 2%, 0% thereafter. MVA may apply; 7-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply; 9-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply; 10-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply. 11. CA only: 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter. MVA may apply. 12. The policy (form number ICC09-R100 in most jurisdictions; in some states, it may be 209-100) must be in force for at least one year to be eligible to receive these benefits. 13. The policy must be in force for at least one year to be eligible to receive these benefits. 14. Not available in California. Guardian Fixed Target AnnuitySM (form numbers: ICC14-IFA, 14-IFA) is issued by The Guardian Insurance & Annuity Company, Inc. (GIAC), a Delaware corporation. GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. All annuity guarantees are backed solely by the claims-paying ability of GIAC, not Guardian; MassMutual Stable VoyageSM (Contract Form #SPFA11.1; SPFA11.1-Rev; and ICC13-SPFA11.1) is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001; New York Life Secure Term MVA Fixed Annuity II (policy form number ICC10-P112 in most jurisdictions; in some states, it may be 210-P112) and New York Life Secure Term MVA Fixed Annuity IV (policy form number CC17D-P01 in most jurisdictions; in some states, it may be NC17D-P01; state variations may apply), are issued by New York Life Insurance and Annuity Corporation (a Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company. USAA Protected Deferred Annuity is issued by USAA Life Insurance Company, San Antonio, TX, and in New York by USAA Life Insurance Company of New York, Highland Falls, NY (Contract form #ICC19996663P 06-20; 3P99710NY 06-20; state variations may apply). SmartSelect is made available through Fidelity and is issued by Western-Southern Life Assurance Company (Cincinnati, OH) in DC and all other states except New York. National Integrity Life Insurance Company (Greenwich, NY) operates in New York. Both are members of the Western & Southern Financial Group (Western & Southern), which is not affiliated with any Fidelity Investments company. Single Premium Deferred Annuity with Market Value Adjustment Feature Contract Series ICC18 ENT-06 1805 and ENT-06 1805 NY. Not FDIC Insured; Not Bank Guaranteed; May Lose Value; Not a Deposit; Not Insured by Any Government Agency. 516296.51.0
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Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
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Mutual Funds and Mutual Fund Investing - Fidelity Investments
Clicking a link will open a new window.br h1 Deferred fixed annuities
Available through The Fidelity Insurance Network, deferred fixed annuities1 offer a guaranteed rate of return over a set time period, with tax-deferral.h2 Get in touch
Open an annuity800-544-4702
Questions about an existing annuity?
800-634-9361
Go Annuity name Guardian Fixed Target AnnuitySM MassMutual Stable VoyageSM Fixed Deferred Annuity New York Life Secure Term MVA Fixed Annuity IV A Market Value Adjustment (MVA) Annuity3 USAA Protected Deferred Annuity A Market Value Adjustment (MVA) Annuity3 Western & Southern SmartSelect A Market Value Adjustment (MVA) Annuity3Financial strength ratings2
A++(Superior) A++
(Superior) A++
(Superior) A++
(Superior) A+
(Superior) AA+
(Very strong) AA+
(Very strong) AA+
(Very strong) AA+
(Very strong) AA-
(Very strong)
Purchase guidelines
Single premium Minimum non-qualified $5,000 $10,000 $50,000 $50,000 $20,000 Minimum qualified $5,000 $10,000 $50,000 $50,000 $20,000 Maximum issue age (May vary by state) Age 85 Age 85 Age 85 Age 85 Age 85Initial interest rate guarantee4
Initial interest rate guarantee4 For 5 or 6 years For 3, 4, or 5 years For 3, 4, 5, or 6 years For 3, 4, 5, or 105 years For 3, 4, 5, 6, 7, 9, or 10 years Jumbo rate Automatic 1-year renewal (at current market rates)Access to assets6
Annual penalty–free withdrawal limit 1st year—10% of value at time of initial premium; 2+ years—10% of prior anniversary contract value 1st year—10% of value at time of withdrawal; 2+ years—10% of prior anniversary contract value Greater of up to 10% of your policy's accumulation value on the preceding anniversary or 10% of the current accumulation value 1st year—10% of value at time of initial premium; 2+ years—10% of prior anniversary contract value7 Greater of 10% of your contract value or a single year's Required Minimum Distribution (RMD) at time of withdrawal Systematic withdrawal programSurrender charges by year
Surrender charges: 3-year 7%, 7%, 7%, 0% thereafter. 7%, 7%, 7%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 0% thereafter. MVA may apply.9 7%, 7%, 7%, 0% thereafter.10 MVA may apply. Surrender charges: 4-year 7%, 7%, 7%, 6%, 0% thereafter. 7%, 7%, 7%, 6%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 0% thereafter. MVA may apply.9 7%, 7%, 7%, 6%, 0% thereafter.10 MVA may apply. Surrender charges: 5-year 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 5% 0% thereafter. MVA may apply.9 7%, 7%, 7%, 6%, 5%, 0% thereafter.10 MVA may apply. Surrender charges: 6-year 7%, 7%, 7%, 6%, 5%,4%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.8 MVA may apply. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.10 MVA may apply. Surrender charges: 7-year7%, 7%, 7%, 6%, 5%, 4%, 3%, 0% thereafter.10 MVA may apply. Surrender charges: 9-year
7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter.10 MVA may apply. Surrender Charges: 10-year 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 1%, 0% thereafter.11 MVA may apply. 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter.10 MVA may apply.
Other features
Guaranteed4 lifetime income options Terminal Illness Waiver Nursing Home Waiver Guaranteed4 lifetime income options Terminal Illness Waiver Nursing Home and Hospital Waiver Guaranteed4 lifetime income options Living Needs Benefit Rider12 Guaranteed4 lifetime income options13 Nursing Home Waiver or Critical Care Withdrawal13 Guaranteed4 lifetime income options Limited life expectancy waiver14 Confinement waiver14 Some products and features listed here may not be available in all states and variations may apply. Certain features may not be available in all products or depending on type of funds used to purchase the annuity. h2 Get in touch Contact us to get help and answers. Open an annuity 800-544-4702 Questions about anexisting annuity? 800-634-9361 1. Fixed annuities available at Fidelity are issued by third-party insurance companies, which are not affiliated with any Fidelity Investments company. These products are distributed by Fidelity Insurance Agency, Inc., and, for certain products, by Fidelity Brokerage Services, Member NYSE, . A contract’s financial guarantees are solely the responsibility of and are subject to the claims-paying ability of the issuing insurance company. 2. Ratings are current as of March 7, 2022. Financial strength ratings are opinions from independent rating agencies of an insurer’s financial strength and ability to pay its insurance policies and contract obligations. They are not recommendations to purchase, hold, or terminate any insurance policy or contract issued by an insurer, nor do they address the suitability of any particular policy or contract for a specific purpose or purchaser. Ratings range from A++ to F for A.M. Best ratings, and AAA to CC for Standard & Poor's ratings, and are subject to change. For the latest ratings and definition of ratings, access www.ambest.com and www.standardandpoors.com. 3. This is a Market Value Adjustment (MVA) annuity product. The MVA applies if the client surrenders the contract or withdraws funds in excess of the free withdrawal amount before the end of the guarantee period. The amount the client receives will be adjusted based on interest rate conditions at that time. Typically, if current interest rates upon surrender or withdrawal are higher than they were at issue, the MVA will result in a lower payment. If current interest rates are lower than they were at issue, the MVA will result in a higher payment. The market value adjustment (MVA) may apply in addition to surrender charge penalties. Typically, MVA fixed annuities do not have up-front sales loads or ongoing expenses. The insurance company's costs are built into the interest rate paid on the contract. Additionally, your contract may be subject to an early withdrawal charge (also called a contingent deferred sales charge). If the MVA fixed annuity that you are considering has a prospectus you should consult it for the specific early withdrawal charge schedule and the market value adjustment calculation. To invest safely in an MVA annuity, you should fully evaluate the financial strength of the issuing insurance company and carefully read the annuity product disclosure. 4. Annuity guarantees are subject to the claims-paying ability of the issuing insurance companies. All products and rate guarantee periods may not be available in all states. Principal and interest are guaranteed if held for the length of the guarantee period. When selecting a guarantee period you should consider your liquidity needs for the period's duration. 5. Not available in NY. 6. Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. 7. Withdrawal charges will not apply if contract is subject to RMD and amount exceeds surrender charge free withdrawal amount. 8. In New York, the surrender charge schedules are as follows: 3 Years: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4 Years 7%, 6%, 5%, 4%, 0% thereafter. MVA may apply; 5 Years: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply; 6 Years: 7%, 6%, 5%, 4%, 3%, 2%, 0% thereafter. MVA may apply. 9. In New York, the surrender charge schedules are as follows: 3 Years: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4 Years 7%, 6%, 5%, 4%, 0% thereafter. MVA may apply; 5 Years: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply. 10. In New York, the surrender charge schedules are as follows: 3-Year: 7%, 6%, 5%, 0% thereafter. MVA may apply; 4-Year 7%, 6%, 5%, 4%, 0% thereafter MVA may apply; 5-Year: 7%, 6%, 5%, 4%, 3%, 0% thereafter. MVA may apply; 6-Year: 7%, 6%, 5%, 4%, 3%, 2%, 0% thereafter. MVA may apply; 7-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply; 9-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply; 10-Year: 7%, 6%, 5%, 4%, 3%, 2%,1%, 0% thereafter. MVA may apply. 11. CA only: 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter. MVA may apply. 12. The policy (form number ICC09-R100 in most jurisdictions; in some states, it may be 209-100) must be in force for at least one year to be eligible to receive these benefits. 13. The policy must be in force for at least one year to be eligible to receive these benefits. 14. Not available in California. Guardian Fixed Target AnnuitySM (form numbers: ICC14-IFA, 14-IFA) is issued by The Guardian Insurance & Annuity Company, Inc. (GIAC), a Delaware corporation. GIAC is a wholly owned subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. All annuity guarantees are backed solely by the claims-paying ability of GIAC, not Guardian; MassMutual Stable VoyageSM (Contract Form #SPFA11.1; SPFA11.1-Rev; and ICC13-SPFA11.1) is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001; New York Life Secure Term MVA Fixed Annuity II (policy form number ICC10-P112 in most jurisdictions; in some states, it may be 210-P112) and New York Life Secure Term MVA Fixed Annuity IV (policy form number CC17D-P01 in most jurisdictions; in some states, it may be NC17D-P01; state variations may apply), are issued by New York Life Insurance and Annuity Corporation (a Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company. USAA Protected Deferred Annuity is issued by USAA Life Insurance Company, San Antonio, TX, and in New York by USAA Life Insurance Company of New York, Highland Falls, NY (Contract form #ICC19996663P 06-20; 3P99710NY 06-20; state variations may apply). SmartSelect is made available through Fidelity and is issued by Western-Southern Life Assurance Company (Cincinnati, OH) in DC and all other states except New York. National Integrity Life Insurance Company (Greenwich, NY) operates in New York. Both are members of the Western & Southern Financial Group (Western & Southern), which is not affiliated with any Fidelity Investments company. Single Premium Deferred Annuity with Market Value Adjustment Feature Contract Series ICC18 ENT-06 1805 and ENT-06 1805 NY. Not FDIC Insured; Not Bank Guaranteed; May Lose Value; Not a Deposit; Not Insured by Any Government Agency. 516296.51.0
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Already have a dedicated Fidelity advisor?
Call 800-345-1388
Have us contact you Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0