Tax Deferred Fixed Annuities

Fixed annuities are tax-deferred investment vehicles and can pick up where other retirement funds leave off. If your employer offers a 401(k) retirement plan, it's a good idea to take full advantage of it first, and then use a fixed annuity from Key to supplement your savings.

There's no limit on your annuity contributions, so you can "make up for lost time" to help ensure a comfortable retirement. Plus, once you reach age 59 1/2, you have a choice of payout options:

  • A single lump-sum payment
  • Scheduled payments over a certain period of time
  • Payments for the rest of your life

To learn more about a tax-deferred fixed annuity from Key, visit a KeyBank branch to speak with a Key licensed insurance representative - appointments are strongly recommended. Or, call 888-KIS2YOU (888-547-2968).

How much savings will you need?

How much will you need to retire?

This chart can help you determine how much you'll need to save to achieve your desired retirement income. Find your Desired Annual Retirement Income at the top of the chart, then locate your estimated Years in Retirement.

$50,000 Desired Annual Income
$75,000 Desired Annual Income $100,000 Desired Annual Income
45 years in retirement $1,036,002
40 years in retirement $989,639
35 years in retirement $933,231
30 years in retirement $864,602
25 years in retirement $781,104
20 years in retirement $679,516
15 years in retirement $555,919
10 years in retirement