Benefits of a 5-Year Fixed Rate Annuity

Benefits of a 5-Year Fixed Rate Annuity

Do you ever find yourself daydreaming of retirement? From spending time with family to working on your favorite hobby, we’re sure there are a lot of things you are looking forward to in your golden years. And while there are many things we plan to do, have you planned for how you are going to pay for your retirement?
One strategy to back up your financial planning is a 5-year fixed rate annuity, which offers a guaranteed fixed interest rate for a certain amount of years. This can create another income option that can help supplement your retirement plans.


A 5-year fixed rate annuity is a safe and stable investment in your retirement. One of the benefits to this kind of annuity is that you are set at a fixed rate for five years, which means you avoid any market volatility that can be brought on with other investments such as stocks and bonds. Fixed annuities are a safe way to invest your money, and they are locked in at an interest rate for the five years, so you know your money will grow.


With a 5-year fixed rate annuity, you may have the flexibility to make a withdrawal of a certain percentage each year without a penalty fee. After the initial five-year period of your annuity you will have the option to withdraw your money without any penalty fees.

Tax Benefits

While your money continues to gain interest in an annuity, you are not taxed on that investment. Your investments remain in your annuity and will continue to compound over time. You are not taxed on the money you have invested until you start receiving payments from your annuity.


When you invest into a 5-year fixed rate annuity, you can be assured that your money is protected. Fixed annuities are backed by the insurance company that is offering the annuity, so your money will not be lost to any market rates or volatility.

Overall, a 5-year fixed rate annuity can be an excellent way to supplement your retirement and leave you feeling secure in your future financial health. If you’re ready to look into finding an annuity that is right for you, Americo Annuity is ready to help you find the best option. Our Platinum Assure Series is great for those looking to supplement their retirement income. Contact an agent today or discover your potential rate at Americo Annuity.

Platinum Assure Series (Policy Series 320) is underwritten by Americo Financial Life and Annuity Insurance Company (Americo), Kansas City, MO, and may vary in accordance with state laws. Product may not be available in all states. Certain restrictions apply. Consult contract for limitations and exclusions.

Account value is based on the payment of the Single Premium shown on the Contract Data page; no Partial Surrenders are made, a Market Value Adjustment equal to zero, no Premium Taxes paid, nor any excess interest declared.

Americo Annuity is a marketing website representing Americo Financial Life and Annuity Insurance Company (AFL). Annuity policies are underwritten by AFL, Kansas City, MO, and may vary in accordance with state laws. Not all policies and benefits are available in every state. AFL is authorized to conduct life insurance business in the District of Columbia and all states except NY.