Variable annuities companies. Learn more about what variable annuities are. All guarantees are backed by the claims-paying ability of the issuer. Fixed, index and variable annuity products are available with optional rides to customize coverage. We’ve reviewed the top-rated annuity companies below. There are many types of annuities—including fixed, income, variable The Variable Annuity Life Insurance Company, or VALIC, is a subsidiary of Corebridge Financial, Inc. American General Life issues most of its annuities. Find out how they work and the types of annuities available through Corebridge. A variable annuity is designed to help grow savings, on a tax-deferred basis 1, for long term goals like retirement. Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Sep 10, 2025 · Guardian Life is a well-established annuity issuer with over a century of experience. Annuities come in many shapes and sizes geared toward consumers looking for growth, protection, income or a combination of these. Variable annuities will fluctuate and may be worth more or less than the original purchase payments. It provides annuities and life insurance to more than 25,000 client groups (representing some 2 million individuals) throughout the United States. Valic was founded in 1955. What are annuities? Just as you have insurance for important things in your life like your home and car, you can insure your retirement assets with an annuity. The company’s annuities are issued through American General Life. Read about the best annuities and different types of annuities. Here's a chart to show you the sales ranking, financial strength ratings, and J. Its available products are somewhat limited compared to some of the other financial giants that sell annuities. Aug 8, 2025 · Lincoln Financial was the very best company for variable annuities in our review, taking 31 of the 50 top spots in our methodology ranking for individual variable annuity products. That makes it a little easier to decide who to buy from. VALIC is Sep 19, 2025 · Today's 5 Best Annuity Companies: New York Life, Allianz, Nationwide, Lincoln Financial Group and MassMutual. At its most basic level, an annuity is an agreement where you pay a premium or premiums and the insurance company pays you a stream of income now or in the future, depending on the payout options available on the annuity you select. Annuities are a contract you purchase from an insurance company. With Lincoln Financial variable annuities, you can choose from a range of benefits to help meet your retirement income needs. Variable annuities can offer a wide range of features including a guaranteed death benefit and income for life. Mar 10, 2025 · Venerable is a privately held company based in West Chester, Pennsylvania and Des Moines, Iowa. D. Allianz Life offers annuity and life insurance products that help you prepare for retirement and provide financial protection. Variable annuities carry annual insurance company mortality and expense risk charges, withdrawal charges in the early years, and administrative fees. This annuity combines features of securities and insurance products. Find the best annuities from highly rated companies. Read verified reviews. Annuities complement other retirement plans and, depending on what type you select, they may provide guaranteed lifetime income, opportunities for tax-deferred growth, guaranteed yield, downside protection, market participation, flexible withdrawals, and Sep 30, 2025 · Explore Lincoln Financial annuities, including fixed, indexed, deferred income, immediate, and variable options. Individual Annuity Sales 1st Quarter 2024 ($ in thousands) Source: LIMRA U. Indexed universal life insurance is not a source for a guaranteed stream of income in retirement. Best Co. Annuities are contracts between you and an insurance company that can provide a unique combination of insurance and investment features. Variable annuities have fees, expenses and annual administrative and insurance charges. You may provide an alternative address, telephone number or method of contact with your correspondence. Its range of features, riders, and flexible terms allows retirees to choose solutions that fit their income needs, savings goals, and long-term security. Aug 30, 2025 · What Are Variable Annuities? A variable annuity is a contract between an insurance company and an individual that combines insurance features and long-term investments. Jul 24, 2025 · An annuity is a contract with an insurance company. But annuities can be so much more Nov 3, 2024 · American General Life Insurance Company is a subsidiary of Corebridge Financial and AIG. In late 2024, a handful of specific life insurance companies—most notably those under A-CAP—faced regulatory action due to concerns over their financial solvency. Tax The Variable Annuity Life Insurance Company (VALIC) and The United States Life Insurance Company in the City of New York (USL) VALIC and USL are the insurance companies that issue our annuities. You can buy an annuity from a licensed life insurance agent, insurance company, financial planner, or broker. Feb 3, 2025 · A variable annuity allows you to accumulate tax-deferred savings and then receive regular payments during retirement, either for the rest of your life or for a specific time period. This financial instrument merges investment characteristics with insurance protections, including death benefits and optional income guarantees. Prudential advertises access to variable annuities, fixed index annuities and MYGAs. Sep 4, 2025 · Compare rates and features of the best annuity companies of 2025 side-by-side in Bankrate's comprehensive review. Variable annuities are a tax-deferred New York Life product that can provide supplemental funds during retirement. May 6, 2024 · Variable annuities can gain or lose value based on the performance of selected investments. Pacific Life offers a variety of annuities designed to help grow, protect, and manage retirement savings turning it into steady, reliable lifetime income based on your personal preferences and goals. Compare top-rated annuity providers to plan your retirement income strategy. Variable Annuities A variable annuity provides reliable, lifetime monthly income to help you live the retirement you envision. With a variable annuity, your growth potential is based on how based on how underlying investment options perform. The company provides fixed, indexed and variable annuities. Oct 23, 2025 · Best annuities of 2025: Allianz Benefit Control Annuity, MassMutual Stable Voyage and Jackson National Perspective II. SM Chat with your Farmers Insurance and Financial Services agent to get smarter about the features and benefits of variable annuities. All of the different names associated with the company can be confusing, but Corebridge is a financially sound and well-regarded carrier. , for your lifetime or a specific number of years). They allow you to convert a portion of your retirement savings into a guaranteed stream of retirement income. With well-known money managers to offer more than 90 investment options, *† including investments available exclusively to Jackson. The main difference between variable annuity companies is who sells their product. The unique advantage of a variable annuity over the other types of annuities is the ability to invest your money in a way that takes advantage of the stock market for uncapped growth potential while simultaneously allowing for diversification 2. The Variable Annuity Life Insurance Company (VALIC) and The United States Life Insurance Company in the City of New York (USL) VALIC and USL are the insurance companies that issue our annuities. Sep 10, 2025 · Products Offered by Transamerica The types of annuities Transamerica offers include several variable annuities, as well as a registered index-linked annuity (RILA), which Transamerica refers to as a structured annuity. Many retirees’ goal is to maintain—or even enhance—the standard of living they’re used to in retirement, annuities may be a part of a strategy. Sep 29, 2025 · An annuity is a way to save for retirement using tax-deferred money or to generate income. It is a new brand for an old company, previously known as AIG Life & Retirement, before it was spun off in 2022. , most private equity transactions have involved the firms acquiring variable annuity or fixed annuity businesses from life and annuity companies. Learn about Nationwide variable annuities. While all annuities are regulated by state insurance commissioners, variable annuities and registered indexed-linked annuities (RILAs) are also Jul 15, 2024 · Corebridge Financial, previously AIG’s Life and Retirement operations before the company spun off in 2022, offers fixed, index and variable annuity products. List of the top variable annuities companies. If you or another individual covered by any policy issued by The Variable Annuity Life Insurance Company are a victim of domestic violence you may send an Order of Protection to the address below. Allianz Life Insurance Company of North America Outstanding for: Variable annuities are a type of financial product sold by insurance companies that mix saving and investing with insurance benefits. However, this was not an industry-wide ban. Annuity FYI is your complete annuity resource. Investment performance is market-based and any earnings in your annuity grow tax-deferred until you decide to take income—so your retirement savings have the potential to grow and compound over time. The insurance company credits you with a return that is based on a stock market index, such as the Standard & Poor’s 500 Index. When it comes to annuities Jan 1, 2025 · The top 20 companies today account for a significant majority of total annuity sales, mirroring the 2010 statistic where they controlled 80% of the market, with similar dominance in the variable and fixed annuity segments. For more information, please contact a licensed Kansas City Life Insurance Company agent near you. Oct 23, 2025 · Few providers have a larger presence in the annuity space than Jackson National. Aug 21, 2025 · An annuity can provide lifetime income and can be a great opportunity, if you know how annuities work. 2024 Year-end Rankings ($ in thousands)Source: LIMRA U. " VALIC is a provider of group retirement plan services to government agencies, hospitals, schools, and other non-profit businesses. Annuities can help you grow assets and protect your income for life. . Individual variable annuity sales. Jun 6, 2025 · Learn how to supplement your retirement funds with consistent income from annuities. The company, which broke $14 billion in premiums sold in 2022, sells an array of annuities covering fixed, fixed index variable and RILA products. Delaware Life's top rated Fixed, Fixed Index, & Variable Annuities offer protection, tax-deferred growth & lifetime income so you can retire with confidence. A variable annuity can be an integral part of your long-term retirement planning strategy. Explore Nationwide’s annuity products designed to provide guaranteed income and financial security. Best. The company offers three types of annuities, including fixed, fixed index and variable. That means you can invest your Because no two individuals have the same financial goals, our variable annuities offer a wide range of investment options that give you the freedom to build a portfolio that is customized for your individual priorities and preferences. Tailored solutions to help clients achieve their retirement goals. Aug 25, 2025 · Unlike fixed annuities, variable annuities offer no guarantees on your principal, so the value of your account fluctuates with the market. We owns and manages legacy variable annuity business acquired from other entities. Money invested in annuities grows on a tax-deferred basis. Annuities are investments issued by insurance companies that can be used to help build a guaranteed income stream or a retirement nest egg. These companies were temporarily ordered to stop issuing new policies, including variable annuities. VALIC provides services to around 2 million people through these group relationships. Corebridge rebranded in 2021 and was previously known as AIG Life and Retirement. M. Get tons of charts going back 20 years on different financial metrics and ratios. Learn about the types of annuities. 2023 Year-End Rankings ($ in thousands)Source: LIMRA U. Bonus Credits For More Information What Is A Variable Annuity? A variable annuity is a contract between you and an insurance company. The funds in a variable annuity are invested in various subaccounts that may contain a mix of bonds, stocks, and money market instruments. This type of annuity can allow for more market risk, but also provide larger gains. You should talk to a financial adviser about your needs and goals before you buy an annuity. You may hear both names used interchangeably, and they are, for all intents and purposes, the same provider. A variable annuity with an investment-only strategy can help your clients save and invest in a tax-efficient manner, create retirement income, and address individual needs. Explore your options. Our annuities can help you achieve your financial goals — whether you’d like to invest more or plan for retirement. While it enjoys high scores for financial stability, American General has mixed reviews for customer satisfaction. There are four different types of sales forces that sell variable annuities, career, wire house, independent broker- dealer, and banks. Mar 7, 2025 · A variable annuity is a type of annuity pairing the growth potential of the stock market with the steady income offered by annuities. Indexed annuity. It allows you to invest in a selection of professionally managed investment options within the annuity contract. Learn how the Polaris Variable Annuities with an optional lifetime income benefit can help you capture potential investment gains daily for more future income. Oct 10, 2025 · According to a special report published in June by insurance rating company A. May 30, 2025 · Its annuity products include fixed deferred annuities, variable annuities and immediate income annuities. These annuities provide moderate growth potential and have less risk because your premium is protected from any potential loss, backed by the financial strength of the issuing company. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions. ESSENTIALS Annuities, which are contracts with insurance companies, are products that investors might consider when planning for retirement or seeking to turn assets into a stream of income. Oct 16, 2023 · Annuities guidePeople generally buy annuities to have a retirement income or to build savings for another purpose. The difference between Variable annuities What is a variable annuity? Variable annuities allow you to spread your wealth across a wide range of investment options which may help grow your assets, tax-deferred **. g. Individual Annuities Sales Survey 4 days ago · With over $360 billion sold last year, annuities are a popular choice for both people close to retirement and in retirement that are looking for market protection with guaranteed income for life. Something important to keep in mind is that Vanguard’s variable annuity contracts are issued by Transamerica Premier Life Insurance Company and Transamerica Financial Life Insurance Company, which are trustworthy companies that have received superior ratings for operating performance and financial stability, according to A. Transamerica B-Share is a flexible premium Sep 19, 2025 · Credit rating agencies evaluate the safety and stability of annuity provider companies to promote transparency for consumers. Variable Annuities* A Variable Annuity may be right for you if you are seeking a long-term investment that can provide guaranteed income payments in the future that cannot be outlived. Find the best variable annuity for you. Independent insurance agents can answer your questions and do the comparison shopping for you. May 9, 2025 · Explore the best rated annuities for June 2025, including fixed, indexed, and immediate options. 1 An annuity is a contract between you and an insurance company. Individual Annuities Sales Survey © 2024, LL Global, Inc. Oct 8, 2024 · Venerable is fairly new to the annuity space and not an option if you’re interested in new annuity contracts. Individual Annuities Sales Survey Annuities to create guaranteed income for retirement An annuity is a contract with an insurance company that turns your contributions into a steady stream of retirement income. The Variable Annuity Life Insurance Company (VALIC) was founded in 1955 and is based in Texas. It’s important to know if the representative can offer the products of more than one company. Sep 11, 2023 · A top 10 list of the best variable annuity companies based on total U. Jun 26, 2023 · VALIC Variable Annuity Life Insurance Company was founded in 1955 and is a long-time leading provider of group annuities. Based on your contract, you’re also able to determine the length of time during which you’ll receive payments (e. Please click on a company name to find out more about each individual carrier and the products offered. A variable annuity is an agreement between you and an insurance company that provides tax-deferred investment growth, with the option to convert assets into retirement income. U. Backed by strong financial ratings, Lincoln offers flexible retirement income solutions tailored to long-term goals. For serious investors. Fidelity Personal Retirement Annuity is a low-cost deferred variable annuity that helps increase retirement savings. Beginning January 1, 2026, USL will be Corebridge Financial’s sole authorized issuer of new annuities in New York. Fixed annuities offer account value growth in the form of a guaranteed interest rate (fixed annuities) or performance tied to a market index (fixed indexed annuities). They are based in Houston and were formerly called "The Variable Annuity Life Insurance Company. Variable annuities give you the opportunity to grow your future income while also offering options (for an additional cost) to help protect against market downturns and enjoy protected monthly income for life. Unlike fixed and fixed index annuities, variable annuities involve investment risks and may lose value. The variable annuity's value can fluctuate with the market performance of its underlying Oct 20, 2025 · Variable annuities fluctuate in value with market performance, offering higher risk and potential returns, but also come with higher fees. Venerable primarily takes over variable annuities that fluctuate based on market performance. Learn about annuities: types, benefits, and how they work. Transamerica’s Variable Annuities Transamerica sells four variable annuity products, including one designed for fee-based accounts. Variable annuities can help investors reach their investment objectives whether growth, an income stream, or both. Oct 18, 2024 · A variable annuity is a type of investment income that rises or falls periodically based on the performance of its underlying investment portfolio. Top picks include American Equity, Prudential and MassMutual. Variable annuities work similarly to investment accounts A variable annuity is a long-term investment for retirement that offers tax-deferred growth potential and a variety of investment options. Get help deciding what type of annuity best supports your retirement goals. Products sold by Western & Southern include fixed, income, indexed and variable annuities. , Shelton, CT. Jul 29, 2025 · These companies sold the most annuities last year, accounting for nearly 40 percent of all annuity sales industrywide. Sep 10, 2025 · Venerable Holdings is a legacy annuity company that purchases and manages annuities issued by other providers. Annuities come in many varieties, helping investors reach diverse retirement goals. Types of annuities There are two types of annuities. Oct 29, 2025 · “Registered annuity products – traditional variable annuities and registered index-linked annuities – posted double-digit growth, contributing to the overall growth in quarterly sales. VALIC is part of American International Group (AIG Apr 18, 2025 · Planning for retirement? Use our guide to find the best annuity companies. Sep 26, 2025 · These are the 10 best annuity companies, based on Forbes Advisor’s analysis of their financials, product offerings, licensure and more. Feb 28, 2024 · From fixed annuities offering stable returns to variable annuities providing the potential for higher growth, this guide is designed to help you navigate the market of issuers. Sep 10, 2025 · The company dabbles in many different areas, and that includes annuities. Mar 6, 2025 · Learn more about the best annuity companies in 2025 to make an educated purchase for lifetime income. The company is a major provider of group retirement plan services to schools, government agencies, hospitals, and other not-for-profit entities. Our annuity experts have done the research for you, providing objective information geared to the investor. Learn why this annuity is as a top variable annuity. The value of the annuity can fluctuate based on the performance of the underlying investments and is commonly used as a retirement savings vehicle due to its tax-deferred growth potential. Individual Annuities Sales Survey Oct 20, 2025 · CNBC Select picks the best companies for annuities, based on rates, fees investment options and more. Power satisfaction ratings (where available) of the top 20 variable annuity life insurance companies. All are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations. It's like being able to create your own pension fund or IRA. Sep 30, 2025 · Nationwide is a top annuity provider offering one of the broadest product lineups in the industry, including fixed, variable, indexed, registered index-linked, and immediate annuities. Mar 5, 2024 · These companies represent the annuities that we believe are the best in class for various types of annuities, including fixed, indexed, and variable. S. , (CRBG) that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments. Jul 16, 2025 · With so many companies in the industry, it can help to know which are selling the most annuities in 2024. With income annuities, you give them a pool of your money, and they send it back to you as a stream of income. 100% free. Feb 2, 2024 · The Top Variable Annuity Companies Out of the 773 life insurance and annuity companies in the US, 20 sell 95% of the variable annuities. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments. Explore the top variable universal life insurance companies, including Protective Life and Amplify Life Insurance, and their unique offerings. Sep 18, 2025 · Corebridge Financial is an annuity provider that sells fixed, index and variable annuities. Annuities provide a combination of insurance and investment features designed to help you build your retirement savings and create a stream of lifetime income in Sep 10, 2025 · Western & Southern Financial Group sells a wide variety of annuities and life insurance through their family of insurance companies. Looking for the best annuities? Explore our carefully curated list of leading annuity providers and their offerings to make informed financial decisions. Whether you’re a potential customer or an industry enthusiast looking for insights, our review can help you make an informed choice when considering a Guardian Life annuity. The company buys and manages annuities rather than selling and issuing them. Sep 24, 2024 · See our comprehensive list of best companies for annuities analyzed and compiled by our team of investing and retirement experts. Claims-Paying Variable annuities are distributed by Prudential Annuities Distributors, Inc. Individual features may be offered at an additional cost. We’re backed by more than 90 years of experience with helping hardworking people like you achieve brighter futures. Sep 9, 2025 · American General Life is the annuity issuer for the products publicly presented by Corebridge Financial. Indexed annuities are regulated by state insurance commissioners Designed to help you meet long-term investing goals and prepare for retirement, variable annuities can help you grow your investments tax deferred, provide legacy protection for loved ones, and, when combined with a living benefit, create guaranteed income for life. Because the federal government doesn’t back or regulate annuities, it’s wise to check an annuity company’s financial strength ratings before purchasing a product. The SEC regulates variable annuities. iaal z4ay f9fu mp jco8us wfy8 zhvi 2jrj9h lqrtm rz8