Fixed Annuities in Wisconsin – Safe, Guaranteed Growth For Your Retirement

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Grow Your Savings With Security

Fixed annuities give Wisconsin savers a dependable way to earn guaranteed interest without stock market swings. Whether you’re in Sherwood, Appleton, or along Lake Winnebago, a fixed annuity from Head Insurance Agency can complement CDs and IRAs, offering tax-deferred growth now and predictable income later. Many Fox Valley retirees use a multi-year guarantee to lock a rate, then convert part of the balance to lifetime payments when they stop working. For a complete protection plan, our life insurance overview shows how annuities pair with permanent and term coverage strategies in one coordinated design.

Types Of Fixed Annuities

Multi-Year Guarantee Annuities (MYGAs) credit a fixed rate for a set term—often 3, 5, or 7 years—with options for penalty-free withdrawals up to a percentage each year. Deferred fixed annuities grow tax-deferred until you take income. Immediate income annuities convert a lump sum into monthly payments you can’t outlive, helpful for predictable retirement budgets from Sherwood to Green Bay. If you want lifetime coverage to complement income planning, compare with whole life insurance; for pure temporary protection, review term life insurance.

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Benefits, Access, And Considerations

Fixed annuities prioritize principal protection and steady interest when held to term. Growth is tax-deferred, so earnings aren’t taxed until withdrawn—useful for Fox Valley residents who want more efficient compounding than a taxable account. Many contracts include 10% annual penalty-free access and nursing-care or terminal-illness waivers. Because surrender charges can apply to larger early withdrawals, we’ll help segment cash needs, keeping short-term funds liquid and annuity funds set for longer horizons.

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Fixed Annuities FAQs

  • What interest rate can I get?

    Rates vary by term and carrier; we’ll provide current options for Wisconsin clients.

  • Are annuities FDIC-insured?

    No—annuity guarantees are backed by the insurer’s claims-paying ability and state guaranty protections up to limits.

  • Can I take money out early?

    Most allow limited penalty-free withdrawals; larger amounts may trigger surrender charges during the term.

  • Can I use IRA money?

    Yes—fixed annuities can be owned inside IRAs or as non-qualified accounts, depending on your plan.