CoreBridge Financial offers a range of annuity products designed to help individuals plan for their financial future and retirement. Annuities are financial products typically offered by insurance companies, and they are designed to provide a stream of income or a lump-sum payment to the annuitant, often during retirement.
CoreBridge Financial offers various types of annuities, including fixed annuities and fixed indexed annuities. Fixed annuities provide a guaranteed interest rate and a predictable income stream, making them a conservative option for individuals looking for stable returns. Fixed indexed annuities, on the other hand, offer the potential for higher returns tied to the performance of a specific index, such as the S&P 500, while also providing downside protection.
CoreBridge Financial's annuities are often used as part of a broader financial planning strategy. They can serve as a way to accumulate savings over time and then provide a source of income during retirement. Annuities can offer tax advantages and, in some cases, lifetime income options that provide financial security for individuals and their beneficiaries.
CoreBridge Financial typically works with clients to understand their financial goals and tailor annuity solutions that align with their needs and risk tolerance. Annuities can be part of a diversified retirement portfolio, offering stability and predictability in an individual's overall financial plan.
It's important to note that annuities can be complex financial products, and their suitability depends on an individual's specific financial situation and goals. Before investing in any annuity product, individuals are often advised to consult with a financial advisor or professional to ensure it aligns with their overall financial strategy and retirement objectives.
Formerly AIG Life & Retirement, Corebridge Financial is one of the largest and most established providers of retirement solutions and insurance products in the United States, with a long and proven track record of serving our clients. At Corebridge, they are passionate about giving people the power to help them reach their financial goals.