What are Fixed Annuities?

If you’re looking for a way to turn your savings into reliable income during retirement, a fixed annuity may be worth considering. Designed to offer peace of mind, fixed annuities provide a guaranteed interest rate and predictable income payments — no guesswork, no market swings.


When you purchase a fixed annuity, you make a one-time payment or a series of contributions. In return, the insurer agrees to pay you a steady income either right away (with an immediate annuity) or in the future (with a deferred annuity). This makes fixed annuities an attractive option if you want to protect your principal while earning a guaranteed return over time.

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Understanding Annuities

There are several types of annuities available, but here at Horne Insurance Agency, we offer primarily  Fixed Annuities. These provide regular, guaranteed payments. Unlike variable or indexed annuities, which are influenced by market performance, fixed annuities offer a guaranteed interest rate for a set period, making them a more stable option. The interest rate is fixed and does not fluctuate, offering predictability and security—ideal for conservative investors.

Ready to Learn More?

If you'd like to discuss whether a fixed annuity would be right for you, give us a call or fill out the contact form, and we'll provide no-pressure information to help you explore your options.