Personal Investments • Re: Thoughts on Fidelity’s Deferred Fixed Annuities?

Thanks for this informative thread. I'm 100% fixed but have been dragging my heels on reinvesting in Treasuries, went on vacation and saw .5% drops in interest rates, ugh.

As I sat down today to figure out how to invest/maturity duration I received a phone call from Fidelity wanting to set up an appointment with the new branch manager. I've had these calls before, they confirmed it was about deferred fixed annuities so I went ahead and made an appointment for tomorrow.

My details below but today my question is: what happens to these investments upon death? Is each insurance company different or do they generally all have the same policy?


I'm almost 82, shortish life expectancy and am investing for sibling heirs in 70s.
Roth - $100k
Inherited Roth- $125K
Individual -$600K (total assets, $950K, balance in I-bonds; decumulation $50K - $100K per year depending on travel which is nearing an end)

Here’s what Fidelity is showing on their website for fixed annuity rates. They’re generally in the 4+% range. https://fixedincome.fidelity.com/ftgw/f ... bannuities

At death, it’s typical that the full account value is paid out to the beneficiary(ies).

Statistics: Posted by nonnie — Thu Aug 08, 2024 7:22 pm