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Consider an annuity to help your savings last

Annuities have features that can help ensure you'll have the money you need when you retire.

Does an annuity make sense for you?

Annuities aren't for everyone, but they can play a valuable role in your financial plan if you first:

  • Size up your financial situation.
  • Evaluate your retirement goals.
  • Decide your comfort level with investment risk.

See which type of annuity might be best for you

Do you want an additional tax-deferred way to save for retirement?

A variable annuity allows you to continue saving with the same tax advantages as 401(k) plans and IRAs, choosing from a diverse lineup of portfolios that fluctuate with the markets. Consider this annuity if you've contributed the maximum to your other retirement accounts.

What Vanguard offers

With the Vanguard Variable Annuity, you may be able to achieve long-term growth at a low cost, retain access to your investment, enjoy the flexibility to manage your account, and draw income when you're ready.

The Vanguard Variable Annuity is issued by Transamerica Premier Life Insurance Company and, in New York State only, by Transamerica Financial Life Insurance Company.

Do you want a guaranteed source of retirement income?

An income annuity allows you to set up a stream of income for life* using a portion of your savings to create a retirement "paycheck." Consider this annuity if you want to protect against the risk that you'll outlive your money.

What Vanguard offers

You can compare annuities from multiple insurance companies and get quotes in seconds. However, you give up future access to your purchase amount.

As an alternative, you can purchase a Vanguard Variable Annuity and add a rider (for an additional fee) to create guaranteed income.

Why choose Vanguard for an annuity?

Buying an annuity through Vanguard gives you access to the exceptional service and low costs you've come to expect.

  • Investment professionals whose only goal is to help you make the right decision.
  • A mix of investment portfolios to help you meet your goals (for variable annuities).
  • Relationships with highly rated insurers who guarantee the annuity contract so you'll have confidence in your choice.

How annuities work at Vanguard

We make it easy for you to purchase an annuity. We start with a free annuity "checkup" from an unbiased Vanguard annuity specialist who doesn't work for commissions.

Call 800-357-4720.

Get started

Our licensed annuity specialists are here to help.

Call 800-357-4720

Monday through Friday
8 a.m. to 8 p.m., Eastern time

How annuities can work for you

INVEST IN THE VANGUARD VARIABLE ANNUITY

Choose from a diverse lineup of stock, bond, and money market portfolios.


Do you have an annuity somewhere else?

If you have a variable annuity with another company, you may be able to save money by moving it to Vanguard. The Vanguard Variable Annuity costs 70% less than the industry average.§

Have you inherited an annuity?

You could save money by transferring your inherited annuity to the Vanguard Variable Annuity.

Managing your Vanguard Variable Annuity

There's a lot you can do online to manage your Vanguard Variable Annuity.


Get complete portfolio management

We can custom-develop and implement your financial plan, giving you greater confidence that you're doing all you can to reach your goals.

Retirement: The basics

Balancing your retirement goals can be challenging, but we can help you find solutions that work for you.

See the benefits of investing more at Vanguard

As your assets grow with us, you'll gain access to personal attention, lower costs, and more.

REFERENCE CONTENT

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401(k) plan

A type of employer-sponsored retirement savings plan that allows employees to contribute pre-tax dollars by deferring salary. Many plans offer a variety of investment options, and employers often match a percentage of employee contributions.

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IRA

A type of account created by the IRS that offers tax benefits when you use it to save for retirement.

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Portfolio

An investment option—offered by annuity—that holds a range of underlying investments.

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Market

The trading of a universe of investments, based on factors like supply and demand. For example, the "stock market" refers to the trading of stocks.

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Risk

Usually refers to investment risk, which is a measure of how likely it is that you could lose money in an investment. However, there are other types of risk when it comes to investing.

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Rider

A provision added to an insurance contract that offers more benefits at an extra cost.

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Variable annuity

A contract issued by an insurance company, which agrees to make payments to you based on the contract's value. The value varies based on the annuity's underlying investments.

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Commission

A fee charged by a broker for buying and selling securities.

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Managing your Vanguard Variable Annuity

To access your annuity online, log on to your account or register for online access if you haven't done so already.

Once you've registered, you can make exchanges between annuity portfolios online.

You can also log on to check the following:

  • Your contract balances.
  • The status of pending and processed transactions.
  • Information on death benefit and Guaranteed Lifetime Withdrawal Benefit riders.*
  • Statements and confirmations.

If you have any questions about your annuity, call one of our licensed specialists at 800-357-4720 Monday through Friday from 8 a.m. to 8 p.m., Eastern time. We're always happy to help.


footnote*Product guarantees are subject to the claims-paying ability of the issuing insurance company.

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Variable annuity

A contract issued by an insurance company, which agrees to make payments to you based on the contract's value. The value varies based on the annuity's underlying investments.