Retirement Annuities

Sound investment practices with highly competitive interest rates.
Our annuities specify a minimum rate of growth throughout the lifetime of the contract.
Invest in your retirement
We offer a variety of annuities designed to fill every need:
  • Annuity Plus
  • Single-Premium Deferred Annuity
  • Single-Premium Immediate Annuity

Traditional or Roth IRA

Every day you delay opening your IRA (Individual Retirement Annuity) could mean a great deal less money for your retirement. For example, compare the results of an IRA contribution established just a few months apart. What a difference a few weeks make when annual premiums are paid on January 1, May 1, or September 1!

The cost of waiting on an IRA with 5.7 percent interest*

Years to Retirement January 1 May 1 September 1
40 $303,500 $297,944 $292,489
30 $158,562 $155,659 $152,809
20 $75,303 $73,924 $72,571
10 $27,475 $26,972 $26,478
1 $2,114 $2,075 $2,037

At a 5.7 percent interest rate, If you plan to retire in just 10 years, your IRA will be worth $997 more ($27,475-$26,478) if you contribute every January first instead of waiting until September. By making your IRA contribution at the beginning of every year for 40 years, you’ll have $11,011 more ($303,500-$292,489) than if you wait eight months until September each year.