The advantages of tax-deferred annuities
With a tax-deferred annuity1, you defer paying taxes on your investment and earnings until you begin to make withdrawals. And once you do, you may be retired and in a lower tax bracket.
Tax-deferred annuity vs. a taxable investment account
Here’s an example of how investing $10,000 in an Amica Life tax-deferred annuity may compare to a taxable investment account earning the same interest rate.2
Growth and security
With an Amica Life annuity:
- Your money earns a guaranteed rate of return.
- Your interest compounds and your account grows.
- You have the security of guaranteed income for life, backed by the strength and dependability of Amica Life.
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1 Not available in all states. Before purchase of any IRA, you should consult with a tax advisor to ensure that you have selected the best options for your retirement. Guaranteed returns are based on the claims-paying rating of your insurer. Fixed annuities are not insured or guaranteed by any governmental agency that insures deposits.
2 Example reflects a $10,000 contribution earning a 3.7% rate of return, assuming a 24% tax bracket.