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Understanding Annuities

Understanding Fixed Annuities

Annuities are often used as retirement savings vehicles. You pay a sum of money that is invested, and, in return, the life insurance company makes specified payments to you or your beneficiaries. Unlike money placed in a savings account, the money invested in a fixed annuity grows on a tax-deferred basis, which allows your money to grow at a faster rate.

Why Save Now for Retirement?

  • You can expect to live longer
  • Inflation impacts future financial needs
  • Health care costs are expected to continue to rise
  • Housing costs will also increase
  • Future of Social Security is uncertain

Retirement Savings Options

With Sentry’s Payback Annuity, you can enhance your retirement with flexible contributions, a flexible retirement date and a guaranteed lifetime of income at retirement.

In addition to annuities, Sentry also offers other retirement savings options, including non-qualified, IRAs and Roth IRAs.

Let a Sentry sales representative help you plan for your retirement with the Sentry's Payback Annuity.

Click here to Find an Agent.

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