ANNUITIES

RETIREMENT INCOME STRATEGIES

A CLEARER WAY TO EVALUATE ANNUITIES

Prism Insurance Services helps individuals and families evaluate annuity strategies based on retirement income goals, liquidity needs, contract features, and long-term financial objectives.

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ANNUITIES SHOULD BE EVALUATED WITHIN THE BIGGER PICTURE

A PRISM Approach

The Retirement Planning Ecosystem

Every financial decision is evaluated within the full picture of your retirement goals — not in isolation.

Retirement Planning
Income Needs
Liquidity
Taxes
LEGACY GOALS
RISK TOLERANCE
PROTECTION
INVESTMENTS
BENEFICIARIES
Insurance Strategies One piece of the picture
We consider every dimension of your retirement — so nothing falls through the cracks.

Annuities are not one-size-fits-all products. Different annuity structures are designed to address different retirement income goals, liquidity preferences, risk considerations, and long-term planning objectives.


Prism Insurance Services helps clients evaluate how these strategies may fit within a broader retirement plan.


Different annuity strategies serve different goals.


Fixed Annuities / MYGAs

Fixed annuities may offer a stated interest rate for a defined period of time and are often evaluated by clients seeking principal protection and predictable interest crediting.

Fixed Indexed Annuities

Fixed indexed annuities may provide interest crediting tied to an external market index, subject to caps, participation rates, spreads, and other contract terms.

Income Annuities

Income annuities may help convert a portion of retirement assets into a predictable income stream, often in exchange for reduced liquidity and flexibility.

Lifetime Income Riders

Some annuities offer optional riders designed to provide contractually defined income benefits, subject to product-specific terms, costs, and restrictions.

PLANNING CONSIDERATIONS

Annuities may be worth evaluating when…

Annuities are not appropriate for every client or every retirement plan. However, certain annuity strategies may be worth evaluating depending on income goals, liquidity needs, risk tolerance, legacy objectives, and broader financial circumstances.

Predictable Retirement Income

Some annuities may help support more stable retirement income planning.

Principal Protection Considerations

Certain annuity structures may help reduce exposure to direct market losses.

Tax-Deferred Growth Potential

Some annuity products offer tax-deferred accumulation features.

Longevity Income Concerns

Income-focused annuities may help address concerns about outliving retirement assets.

Diversification of Retirement Assets

Annuities may complement investment-based retirement assets in certain situations.

Legacy & Beneficiary Planning

Certain strategies may support beneficiary or estate liquidity objectives.

All annuity strategies involve tradeoffs, including potential liquidity limitations, surrender schedules, fees, and contract-specific restrictions that should be reviewed carefully before making a decision.

IMPORTANT CONSIDERATIONS

Annuities are not appropriate for every situation.

While annuities can provide meaningful benefits in certain situations, they also involve tradeoffs, restrictions, and long-term considerations that should be evaluated carefully before implementation.

Prism Insurance Services believes insurance recommendations should align with a client's goals, liquidity needs, risk tolerance, time horizon, and overall financial picture.

Thoughtful evaluation matters.

Every annuity recommendation should be evaluated based on retirement goals, income needs, tax considerations, liquidity concerns, risk tolerance, and long-term planning objectives.

Significant Liquidity Needs

Certain annuities may restrict access to funds during surrender periods.

Short-Term Financial Goals

Annuities are generally designed for longer-term retirement planning strategies.

Limited Understanding of Contract Terms

Clients should fully understand surrender schedules, rider costs, participation rates, and product limitations before implementation.

Need for Greater Investment Flexibility

Some clients may prefer strategies with more direct market access or liquidity flexibility.

Better Alternatives May Exist

In some situations, retirement goals may be accomplished more efficiently through other financial or investment strategies.

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Not sure whether an annuity fits your retirement plan?

Schedule a conversation to review your retirement goals, income needs, liquidity concerns, and available annuity strategies.

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