Annuities offer you guaranteed income for life—in any market.
A Schwab Financial Consultant can work with you to see if an annuity—and the steady, secure income stream it provides—would complement your retirement income plan.
Keep in mind that Schwab’s variable annuity fees are 30%–50% below the industry average.¹
Questions? We’re ready to help.
Find a Schwab Financial Consultant near you.
Is an annuity right for you?
See how an annuity may fit with your long-term retirement income plan.
Stay invested in the market for the potential to grow your retirement savings and receive guaranteed income.
Convert a portion of your savings into a steady stream of payments guaranteed for life.
Lock in a guaranteed, competitive rate of return; any interest you earn is tax-deferred.
All guarantees are based on the financial strength and claims-paying ability of the issuing insurance company (not Schwab).
Request more annuity information by mail.
If you have an existing variable annuity, use our Variable Annuity Expense Analyzer to see how much you could save by exchanging it for a low-cost Schwab annuity.
Before considering an exchange of your current annuity, carefully consider surrender charges on your existing contract, loss of guaranteed benefits, and differences in features, costs, services, and company strength, as well as other factors that could reduce or eliminate the benefit of an exchange.
1. Base variable annuity fees of 0.60% for the Schwab Retirement Income Variable Annuity® and 0.65% for the Schwab OneSource Choice Variable Annuity™, as compared to the industry average of 1.34% according to a March 31, 2015, Morningstar survey of 2,091 variable annuities. This does not include fees associated with underlying investment options or optional riders such as guaranteed lifetime withdrawal benefits and/or death benefits, as applicable.
Variable annuities are sold by prospectus only. Before purchasing an annuity, you should carefully read the prospectus and consider its investment objectives and all the risks, charges, and expenses associated with the annuity and its investment options. For this and other information and to request a prospectus, call Charles Schwab & Co., Inc. at 888-311-4889 or click here.
Variable annuities are long-term investment vehicles designed for retirement purposes. The value of a variable annuity may be more or less than the premiums paid, and it is possible to lose money. Variable annuities offer tax deferral on potential growth.
Withdrawals prior to age 59½ may be subject to a 10% federal tax penalty in addition to applicable income taxes.
Charles Schwab & Co., Inc., a licensed insurance agency, distributes certain insurance and variable annuity contracts that are issued by insurance companies not affiliated with Schwab. Not all annuity contracts are available in every state.