Skip to main content

Annuities can help you secure your future

We can help plan a successful retirement built around you and your unique goals. Adding an annuity to your plan can protect you from uncertainty by providing an income stream for life, so you can retire with confidence.

Already have an annuity contract? Schedule a meeting with your J.P. Morgan Private Client Advisor to manage your annuities and discuss any questions.

Get Started for Annuities

Learn more about annuities

What is an annuity?

An annuity is a long-term, tax-deferred insurance contract that can provide a steady income stream, typically for retirement purposes.

Who are annuities for?

Anyone who is generally concerned about outliving their money during retirement should consider an annuity.

Why invest in annuities?

Retirement can be unpredictable. Annuities can help protect against the uncertain and secure a stream of income for life, while also evolving with you and your goals.

Annuities with J.P. Morgan Wealth Management

  • Our J.P. Morgan Advisors can help you set and meet your long-term investing and retirement goals.
  • Schedule an investment check-up with a J.P. Morgan Advisor and they can help select the right annuity for you.
  • Once your annuity is issued, it may begin to provide tax-deferred growth and guaranteed lifetime income, depending on the chosen benefits.
  • Annuities grow on a tax-deferred basis, so you don't pay taxes on any potential growth until withdrawal.
  • Our J.P. Morgan Advisors continuously monitor the annuity landscape and keep track of trends within the industry, so you can be confident in the quality and competitiveness of the providers and products available to you.

JPMorgan Chase and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting professionals before engaging in any transaction.

A J.P. Morgan Advisor is here to help

Get one-on-one guidance with a dedicated advisor. Your J.P. Morgan Advisor will get to know you, your family and your goals to help you design a retirement strategy.

Let’s connect to get help from a J.P. Morgan Advisor

Discover more ways to get ready for retirement

IRA rollovers

Explore rolling over your 401(k) from a former employer into a J.P. Morgan IRA.

Retirement guides

Wherever you are in your retirement planning journey, there’s always a best next step. Explore our retirement guides and get a sense of what you could be focusing on.

Annuity calculator

Use this calculator to estimate different annuity payouts and see how it can impact your retirement strategy.

Frequently Asked Questions

There are two main types of annuities that can help you prepare for retirement: Fixed rate annuities and variable annuities. Fixed rate annuities typically provide a consistent, guaranteed rate of return over the duration of the agreement. Variable annuities provide a rate of return that can fluctuate with the market.  

An annuity acts as a contract between you and the insurance company, where you invest your principal, and in exchange, the insurance company provides you certain guarantees, such as lifetime income or principal protection.  Depending on your goals and the type of annuity you select, you can choose an income payment schedule that works for you.

Annuities grow on a tax-deferred basis. When the contract owner withdraws from the account, the amount is generally taxed at your ordinary income tax rate.

While annuities are not retirement accounts, they are often used as part of an overall investment strategy to complement your retirement accounts. 

An immediate annuity is designed to provide income now and is best suited for investors who are income-oriented.  A deferred annuity offers income starting at a future date you choose. Before you start receiving income payments, the value of your annuity can accumulate on a tax-deferred basis, potentially generating additional income to secure your future.  

Sharpen your knowledge

Planning techniques in a volatile market

Estate planning may not be at the top of your mind during times of market volatility. However, careful consideration of the opportunities presented during a market decline, especially when interest rates are low, may reduce potential estate taxes and help fulfill estate planning goals.

What are Grantor Retained Annuity Trusts (GRATs)?

Grantor Retained Annuity Trusts (GRATs) can help provide an efficient way to transfer wealth with little or no gift tax liability.

4 minute read