An annuity is an investment solution that provides safe, tax-deferred growth of your retirement nest egg. Annuities are low-risk, and can provide guaranteed, income for life when you retire. Many types of annuities exist and each one has its own set of benefits. These include: fixed, variable, immediate, deferred & hybrid. It is suggested that you schedule a free consultation with a professional to understand which solution is right for you before your purchase. Annuities are designed to keep you from outliving your retirement.