Annuities can provide a steady, secure source of lifelong retirement income. An annuity can play a very valuable role in helping cover basic living expenses retirees face. By using annuity income to take care of specific living costs, retirees gain the flexibility to use other retirement income and savings for discretionary, unanticipated, or long-term expenses.
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Products are not a deposit or other obligation of, or guaranteed by, the bank or any of its affiliates. They are not insured by the FDIC/NCUSIF or any other agency of the United States, the bank, or any of its affiliates. There is investment risk including the possible loss of value.