Guaranteed lifetime income for retirement

Market volatility combined with the limited availability of traditional retirement income sources, such as defined benefit pension plans, has placed a greater responsibility on Americans saving for their future. With this greater responsibility comes a need for financial solutions that can help provide a new level of protection for retirement savings.

If your long-term objective is to build a source of guaranteed lifetime income or leave a legacy for your loved ones, Chamberlin Financial can help by offering annuities with benefits designed to meet your retirement goals.

How Fixed Indexed Annuities Work

A fixed index annuity, FIA, is a contract between you and an insurance company that may help you reach your long-term financial goals. In exchange for your premium payment, the insurance company provides you income, either starting immediately or at some time in the future.

Two Phases

Most FIAs have two unique phases: an accumulation phase and distribution phase.

Guaranteed Interest

A FIA also ensures you will receive at least the minimum guaranteed interest credited to the contract.

Defer Taxes

With a FIA, you defer paying taxes on your contract's interest until you receive money from the contract.

Guaranteed Growth

The accumulation phase begins as soon as you purchase your annuity. Your annuity can earn a fixed rate of interest that is guaranteed by the insurance company or an interest rate based on the growth of an external index. The market risk shifts away from you to the insurance company. You are able to benefit from a market rise but never participate in a market decline.  

Lifetime Income

The distribution phase of a fixed index annuity begins when you choose to receive income payments. You can always take income in the form of scheduled annuitization payments over a period of time, including your lifetime. Many fixed index annuities allow you to take income withdrawals as an alternative to annuitization payments.

A unique combination of benefits to help you reach your retirement goals

A fixed index annuity, FIA, offers tax deferral, indexed interest potential, and optional benefits to protect your long-term goals. No other financial vehicle secures your retirement assets and income with this unique combination of benefits. 

Tax Deferral

Under current federal income tax law, any interest earned in your fixed index annuity contract is tax-deferred. You don't have to pay ordinary income taxes on any taxable portion until you begin receiving money from your contract. Withdrawals are taxed as ordinary income and, if taken prior to age 59 1/2, a 10% federal additional tax may apply.

Indexed Interest Potential

Fixed index annuities provide an opportunity for potential interest growth based on changes in one or more indexes. Because of this potential indexed interest, FIAs provide a unique opportunity for accumulation. And since the interest your contract earns is tax-deferred, it may accumulate assets faster. In addition to potential indexed interest, FIAs can offer you an option to receive fixed interest.


Fixed index annuities offer you a level of protection you may find reassuring. That protection can benefit you in three separate ways:

  • Accumulation: Your principal and credited interest are protected against market downturns.
  • Guaranteed income: You can be protected from the possibility of outliving your assets.
  • Death benefit: If you pass away before annuity payments begin, a fixed index annuity may help you provide for your loved ones.

Recent Articles


In his latest research, economist Roger Ibbotson argues that fixed indexed annuities have the potential to outperform bonds in the near future and smooth the return pattern of a portfolio.

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One of the many fears many people have nearing retirement is outliving their money or not keeping up with the cost of living. This problem can be easily solved by linking your retirement income to an index that moves up with inflation and is locked in annually. 

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