Available through The Fidelity Insurance Network®
Since an annuity's guarantees2 are only as strong as the insurance company providing them, you should consider the strength3 of the company you select and its ability to meet future obligations.2
| Issuer | The Guardian | MassMutual | New York Life | USAA | Western & Southern |
| Annuity name | The Guardian Guaranteed Income Annuity IIISM | MassMutual RetireEaseSM | New York Life Guaranteed Lifetime Income Annuity II/Guaranteed Period Income Annuity II | USAA Protected Retirement Income Annuity | Western & Southern IncomeSource® Annuity |
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| Financial strength rating of issuing company3 | |||||
| A.M. Best | A++
(Superior) |
A++
(Superior) |
A++
(Superior) |
A++
(Superior) |
A+
(Superior) |
| Standard & Poor's | AA+
(Very strong) |
AA+
(Very strong) |
AA+
(Very strong) |
AA+
(Very strong) |
AA-
(Very strong) |
| Purchase guidelines | |||||
| Minimum investment | $10,000 | $10,000 | $10,000 | $20,000 | $10,000 |
| Maximum issue age4 | Age 90 | Age 90 | Age 89 | Age 95 | Age 95 |
| Income options—set period of time | |||||
| Period certain (Years) | 5 to 30 | 5 to 30 | 5 to 30 | 10 to 30 | 5 to 30 |
| Income options—lifetime2 | |||||
| Single lifetime |
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| Joint lifetime:
100% benefits continuation to joint owner |
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| Joint lifetime:
66⅔% benefits continuation to joint owner |
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| Joint Lifetime:
50% benefits continuation to joint owner |
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| Additional features for lifetime income options | |||||
| Protection for beneficiaries2 | |||||
| Guarantee period (years) | 5 to 30 | 5 to 30 | 5 to 30 | 5 to 30 | 5 to 30 |
| Cash refund |
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| Optional features | |||||
| Set annual increase | 1% to 5% | 1% to 4% | 1% to 5% | 1% to 3% | 1% to 5% |
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Some features of this product might not be available in all distribution channels. Availability may vary by state, the firm contracted with the issuing company, or the type of funding used to purchase this type of annuity.
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