Annuities

Your local Indiana Farm Bureau Insurance agent can show you how an annuity can help you accumulate cash on a tax-deferred basis,* earning interest that’s competitive with what most banks pay on certificates of deposit.

And, if the funds are needed, many products offer a free 10% withdrawal privilege after the first calendar year.**

You’ll also have the added satisfaction of knowing that you are working with a financially stable and strong Indiana company that has been generating retirement income for thousands of Hoosiers with wise, conservative investments for over 70 years.

Retire Comfortably by Setting Aside Modest & Regular Installments Today
Everyone’s retirement goals are different. Do you want to travel? Golf and fish? Spend time with your children and grandchildren? Your local Indiana Farm Bureau Insurance agent will help show you how a modest monthly contribution to an annuity can help accumulate enough cash to give you the income to enjoy a comfortable retirement specific to your individual goals.

Guaranteed Income for as Long as You Live
Everyone wants to maintain a sense of freedom and dignity for as long as he or she lives. And yet, as people continue to grow older many senior citizens become dependent on their families or their communities because they literally “outlive” their sources of income. An annuity from Indiana Farm Bureau Insurance can provide you with a monthly income after you retire that is guaranteed for as long as you live. In addition, you can choose to exercise a special option that would guarantee income for your beneficiaries for a period of 10 or 20 years. Regardless of your choice, you will have taken a major step towards enjoying a lifetime of independence and self-sufficiency for you and your spouse.

Get Immediate Access to Your Money to Pay for Nursing Home Care
Your local Indiana Farm Bureau Insurance agent can show you how a nursing home endorsement added to your annuity can be the solution to a challenge that many families will face in the future. Statistics show that almost one-half of all women and one-third of all men will spend at least one year in a nursing home. Your annuity can be structured to give you immediate access to your money, without any penalties being assessed by Indiana Farm Bureau Insurance, to help pay for nursing home care. Of course, IRS tax consequences may still apply.

*Based on current tax laws.
**IRS tax consequences, if applicable, still apply.