Ready to Take
the Next Step?
Annuities
Annuities are well suited to long-term investors. They’re designed to provide a steady stream of retirement income and guaranteed payments.
- Invested funds may grow tax-deferred until withdrawn.
- Deferred annuity options include both fixed and variable annuities.
Annuity Options
BB&T Investment Services, Inc. offers two types of annuities that may support your investment strategy.
Fixed Annuity
- A fixed annuity earns a guaranteed rate of return on the investment and a fixed, stable income in retirement.
- At the end of the annuity period, your guaranteed rate may adjust up or down, depending on interest rates at the time.
- May be more appropriate for conservative investors, such as individuals who are approaching retirement and those wishing to guard against market volatility.
- Often the insurance company will also guarantee the full return of your principal.
- Earnings are taxable as ordinary income when distributed and, if withdrawn before age 59½, may be subject to a 10% federal tax penalty.
Variable Annuity1
- You may place money in any number of investment options.
- Your total return will depend on the performance of your investments, and performance may vary from year to year.
- Depending on the terms of the contract, beneficiaries may receive guarantees of principal or a stepped-up value of the account, minus any withdrawals.
- Involves investment risks, may lose value and should be considered a long-term, tax-deferred investment vehicle designed for retirement.
- Earnings are taxable as ordinary income when distributed and, if withdrawn before age 59½, may be subject to a 10% federal tax penalty.
Selected Providers
BB&T Investment Services, Inc. offers a wide range of annuities from many recognized providers2 in the industry, including:
|
|
Resources
Calculators Variable Annuity Calculator See All Investment Tools & Calculators
Articles The Wonder of Compound Interest
Personal Services Logon
BB&T Complete Client Protection
1 Variable annuities involve investment risks, may lose value and should be considered a long-term, tax-deferred investment vehicle designed for retirement. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. Guarantees are backed by the claims-paying ability of the issuing insurance company and do not apply to the principal amount or investment performance of the separate account or its underlying investments. If you are considering an annuity to fund a qualified plan, such as a 401(k) or IRA, the tax-deferral feature offers no additional value. Tax deferral may not be available if the annuity is owned by a "non-natural person" such as a corporation or certain types of trusts.
2 This list of providers is current as of 9/19/2012. Providers are subject to change at any time. Please contact a BB&T Investment Services, Inc., Investment Counselor with any questions about our products or providers.
The information provided should not be considered as tax or legal advice. Please consult with your tax advisor and/or attorney regarding your individual circumstances.
Member FINRA, Member SIPC. Learn more at www.finra.org and www.sipc.org.
Only deposit products are FDIC insured.
Penalty may result from early withdrawal.
Market data services made possible by Sterling Capital Management, LLC, a registered Investment Advisor subsidiary of BB&T Corporation. Market data information is obtained from third-party sources believed to be reliable, but is provided “as is” with no warranty. Market data is provided for informational purposes only, does not constitute investment advice, and may not be used for trading. Market data is for the individual use of each site guest, and may not be copied, downloaded, stored or redistributed. Quotes are delayed 15 minutes. Some index information is proprietary to the index owner. Data access and usage is subject to the terms and conditions imposed by our third-party sources. Access or use of any data indicates agreement to these terms.
© 2012, Branch Banking and Trust Company. All rights reserved.