Fixed index annuities

A fixed index annuity may be a good choice if you want the opportunity for accumulation, but don't want to risk losing money in the market.

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Fixed index annuities can offer:

  • Principal protection from market downturns
  • Tax-deferred growth potential
  • One or more index allocation options
  • A choice of crediting methods
  • Income options, including income for life
  • Death benefit options

How do fixed index annuities work?

Fixed index annuities provide the guarantees of fixed annuities, combined with the opportunity to earn interest based on changes in an external market index. But because you're not actually participating in the market, the money in your annuity (your "principal") is not at risk.

1. Purchase your annuity

You give the insurance company money in one or more payments. The insurance company then invests it on behalf of all annuity owners to support the benefits of the contract.

2. Accumulation phase

During the accumulation phase, your annuity will earn a fixed rate of interest that is guaranteed by the insurance company or an interest rate based on the growth of an external index.

3. Tax-deferred growth

You defer paying taxes on your contract's interest until you receive money from the contract. Tax-deferred interest means the money in your contract can grow faster.

4. Distribution phase

After a period of time specified by your contract, you may then receive the amount allowed by your contract in a lump sum, over a set period of time, or as income for the rest of your life.

Featured Allianz fixed index annuity products:

Allianz 222® Annuity

As you plan for retirement, you want to give yourself every possible advantage – both while you're accumulating your savings, and after you begin receiving income. Allianz 222 Annuity can help.

Allianz 360 Annuity

If you're concerned about saving enough for retirement – and you also want an opportunity for lifetime income withdrawal payment increases – Allianz 360 Annuity and its 360 Benefit rider may be a good choice.

Core Income 7® Annuity

Planning for retirement income can be complicated, but the Core Income 7 Annuity can help make it a bit simpler.

Annuities are complex products that include many features and factors. It is important to understand the balance between all features available with any annuity. You should consult with a financial professional to determine if an annuity is appropriate for your needs.

Need help finding a financial professional?

You can trust in the financial strength of Allianz.

The guarantees provided by an annuity are backed solely by the insurance company that issues the annuity. Since 1896, we've had the strength and stability to fulfill our promises. Through bull markets and bear markets, we've stayed true to our careful planning, disciplined investing, and risk management expertise. That's why we're well positioned for what's ahead.

Why Allianz

Purchasing an annuity within a retirement plan that provides tax deferral under sections of the Internal Revenue Code results in no additional tax benefit. An annuity should be used to fund a qualified plan based upon the annuity’s features other than tax deferral. All annuity features, risks, limitations, and costs should be considered prior to purchasing an annuity within a tax-qualified retirement plan.

Bonus annuities may include higher surrender charges, longer surrender charge periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a premium bonus feature.

With the purchase of any additional-cost riders, the contract's values will be reduced by the cost of the rider. This may result in a loss of principal and interest in any year in which the contract does not earn interest, or earns interest in an amount less than the rider charge.

Any distributions are subject to ordinary income tax and, if taken prior to age 59½, a 10% federal additional tax.

Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.

• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF

Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55469-0060. (C54370-MVA, C61892-MVA, C95493-MVA, C64237-MVA)

In the state of New York, only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance.

Product and feature availability may vary by state and broker/dealer.

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