+1 (209) 627-9348
<meta name="google-site-verification" content="cQF1cTBARnHzipJxY9NmmEs7ACuiDn5fVN61-s6Istk" />
Guaranteed Income for Retirement
An annuity is a contract with an insurance company: in exchange for a lump sum or a series of payments, the insurer agrees to pay you income, either for a set period or for the rest of your life. Team Thrive works specifically with fixed and fixed indexed annuities, designed for people who want predictable income they can't outlive.
Key Takeaways
An annuity converts a lump sum or series of payments into guaranteed income, either for a set period or your lifetime
Team Thrive specifically works with fixed and fixed indexed annuities, not variable annuities, which are securities requiring a different license
Fixed indexed annuities (also called fixed index annuities) offer principal protection with growth tied to a market index, similar in structure to an IUL
Annuities aren't investments in the traditional sense. They're insurance contracts designed around income and protection, not growth alone
Explore Annuities By Topic
Fixed Indexed Annuities
How principal protection and index-linked growth work together, and who this type of annuity tends to fit.
Is an Annuity Right for You?
Pre-retirees and retirees who want guaranteed income they can't outlive
People concerned about market volatility affecting their retirement income
Anyone who has maxed out traditional retirement accounts and wants an additional guaranteed income source
People who value predictability over maximum growth potential
It matters less if you need full liquidity for your funds, since annuities typically involve a surrender period during which early withdrawals carry a charge.
How It Works
Consultation
Talk with a Team Thrive advisor about your retirement income goals and existing accounts
Needs analysis
We look at whether a fixed or fixed indexed annuity genuinely fits, and how much to allocate
Illustration
You'll see real numbers, including guaranteed-minimum scenarios, not just optimistic projections
Application
A straightforward process to fund the annuity and set up your income structure
Is an Annuity a Good Investment?
Strictly speaking, an annuity isn't an investment, it's an insurance contract. It doesn't offer the growth potential of direct market investing, and it isn't meant to. What it offers is principal protection and guaranteed income, which is a different goal than maximizing returns. Whether that tradeoff fits your goals depends on how much you value predictability versus growth potential.
What Affects the Cost
Age and health: can affect eligibility and the specific terms available
How much you contribute: determines your future income amount
Which type you choose: fixed annuities offer a set rate, fixed indexed annuities offer index-linked growth potential with a floor
Riders you add: optional features like enhanced death benefits can affect cost
Why Choose Team Thrive
We specifically work with fixed and fixed indexed annuities, built around guaranteed income and principal protection, not sold as a one-size-fits-all product
No-pressure conversations. Your advisor walks through real numbers before you decide anything, and there's no cost or obligation just to talk
If an annuity doesn't make sense for your situation, we'll say so directly
Frequently Asked Questions
Are annuities a good investment?
Strictly speaking, annuities are insurance contracts, not investments. They offer principal protection and guaranteed income rather than market-level growth potential. Whether that fits your goals depends on how much you value predictability.
Are annuities safe?
Fixed and fixed indexed annuities typically include principal protection features, meaning your original contribution generally isn't at risk from market downturns. All guarantees are subject to the claims-paying ability of the issuing insurer.
Are annuities taxable?
Growth inside an annuity is tax-deferred. When you take income or withdrawals, the earnings portion is generally taxed as ordinary income. Annuities held inside an IRA follow IRA tax rules instead.
Does Team Thrive offer variable annuities?
No. Our focus is specifically on fixed and fixed indexed annuities. Variable annuities are securities that require a different license to sell, and carry direct market risk that fixed and fixed indexed annuities don't.
How is a fixed indexed annuity different from an IUL?
Both offer principal protection with growth linked to a market index. An IUL is life insurance with a death benefit and living benefit riders. An annuity is built around converting your contribution into guaranteed income, without a death benefit in the same way.
Get Started Today
No pressure. No obligation. Just clear answers.
Want to Learn More about Our Product?
Schedule a free consultation and we'll help you find the perfect solution based on your needs and budget
Providing peace of mind to families nationwide through life insurance with living benefits, tax-free retirement strategies, and financial security for your loved ones.
Quick Links
Our Services
© 2026 Team Thrive. All rights reserved. Powered by VisualHive 🐝