The companies of Great American Insurance Group offer four types of annuities:
If you have a low tolerance for risk, most fixed annuities offer an interest rate that is guaranteed for one or more years, a lifetime income stream, and the money you put into the annuity is not at risk of loss.
If you have a more moderate tolerance for risk, fixed-indexed annuities offer upside growth potential of your principal, with downside protection against loss. And, they could earn more than a fixed annuity.
If you have a higher risk tolerance, variable annuities offer growth with the ability to earn more than fixed or fixed-indexed annuities, yet you could lose some of the money you put into the annuity.
If you are looking to start receiving income payments immediately, you might want to consider an immediate annuity.
Talk with your financial professional to see if an annuity is right for you.