Fixed Annuities
Looking for a product that provides safety of principal with competitive rates?
At Arab Bank Plc Insurance Agency, we know that the savings and investment choices that you make today will impact your financial future leading into your retirement years.
Traditional bank savings products offer the security of FDIC insurance, a fixed principal value and rate of return, but they may not always provide the growth or income you need to achieve your retirement goals. Just like you, many bank customers are starting to consider supplementing their savings.
Advantages of an annuity:
- Earnings accrue tax deferred
- Guaranteed payments for life
- No contribution limits
- Many different types of annuities available
- Can delay payout until a later age
- Proceeds may avoid probate
Talk to us about Fixed Annuities today! Contact our Financial Services Department.
Products are offered through Essex National Insurance Agency, Inc., which is not affiliated with Arab Bank Plc.