Annuities

Annuities for your needs.

Annuities help you turn savings into steady income payments for the future. Whether you want predictable retirement income, protection from market declines, or a way to secure income for life, C.T. Lowndes & Co. can help you buy an annuity that fits your financial goals. We work with trusted carriers whose claims paying ability, contract value stability, and guaranteed income options give you confidence in what comes next.

Annuities in South Carolina.

Protect your long-term income with guidance from C.T. Lowndes & Co. Contact us now for your personalized annuities quote.

What are annuities?

In very simple terms, they work like a life insurance policy in reverse–you pay them a lump sum upfront, then they pay you regularly until you die.

An annuity is a contract designed to provide guaranteed income later in life. You make an initial investment or a lump sum payment, and the insurance company issuing the contract promises to pay you back through periodic payments during the payout phase.

The annuity’s account value grows during the accumulation period, often on a tax deferred basis, which can offer additional tax advantages over savings accounts.

There are several types of annuity contracts:

Fixed Annuities
These offer a minimum guaranteed interest rate and predictable income. Your contract value will not be tied to the stock market.

Many people choose fixed annuities when they want stable returns, guaranteed growth, and simple terms.

Variable Annuities
A variable annuity gives you access to investment options such as mutual funds. These offer higher potential investment returns, but your account value can rise or fall. You may earn more, but you can also lose money.

Variable annuities include administrative fees, an expense risk charge, and oversight from the securities and exchange commission and the exchange commission at the federal level.

Indexed Annuities
An indexed annuity, or equity indexed annuity, earns interest based on a market index or a stock market index. You get somewhat shielded from market declines with the chance for better returns.

Your credit interest is calculated using formulas tied to the selected market index. Indexed annuities also include a minimum rate to help protect your principal.

Immediate Annuity
Income payments start right away, which can help retirees who need monthly income without delay.

Deferred Annuities
Deferred annuities grow over time before income payments start. This gives you years of tax deferred growth before activating your income stream.

Regardless of the type, an annuity is a contract backed by the issuing insurance company. Annuities are not covered by the federal deposit insurance corporation.

Who does an annuity benefit?

You may want an annuity if you:

Fixed and variable annuities, fixed income annuities, and indexed annuities all serve different needs.

A C.T. Lowndes & Co. advisor can help you compare annuities and select the right fit.

What do annuities cover?

While every annuity contract is different, most offer:

Your ability to withdraw money early depends on the surrender charge period in the annuity contract.

Taking money early may trigger internal revenue service penalties, so it is smart to talk with a tax professional before making a withdrawal from an existing annuity.

Variable annuities and indexed annuities include fees such as administrative fees and may have different contract value formulas than fixed annuities.

Your annuity income will depend on the terms set by the issuing insurance company and the performance of the selected investment options.

Why work with C.T. Lowndes & Co.?

Interest rates, investment options, contract rules, surrender charges, and payout phase details can get confusing. You do not have to figure it out alone.

C.T. Lowndes & Co. breaks everything down clearly so you understand how your fixed annuity, variable annuity, indexed annuity, or retirement annuity really works.

We explain how interest rate formulas are calculated, how the stock market can influence your account value, what happens when income payments start, and how to structure your income stream to last.

We look at the issuing insurance company’s strength, the national association ratings, and the overall claims paying ability behind the annuity you choose.

Our goal is to help you buy an annuity with confidence, clarity, and full understanding of how you will receive payments in retirement.

Get an annuities quote.

For more than 175 years, C.T. Lowndes & Co. has helped South Carolina individuals secure their futures.

From fixed annuities to variable annuities and indexed annuities, we help you select products with strong contract value, clear surrender charge periods, and income options you can count on.

Take the next step. Contact Erin Witt today to discuss your options. To reach Erin, please call or email .

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As an independent agency, we are here to help you find the right Annuities.