Short Term Annuity Options for Retirees
Over 100 Carriers to Quote From. Here are a few of them!
Many retirees want safe, flexible solutions that don’t require locking up money for decades. Short term annuity options for retirees are designed to provide guaranteed growth or income over a limited period—typically 2 to 10 years—making them an attractive choice for retirees seeking stability without long-term commitments. At Diversified Insurance Brokers, we compare short term annuity options across 75+ A-rated carriers to find the right fit for your goals.
Explore Short Term Annuity Options
Compare top short term annuity products designed for retirees and see which fits your financial strategy best.
What Are Short Term Annuities?
Unlike traditional lifetime annuities, short term annuities provide guaranteed growth or income for a set number of years. After the term ends, you can withdraw your money, roll it into another annuity, or use it for retirement expenses. These contracts are often used as safe alternatives to CDs, bonds, or money market accounts.
Common Short Term Annuity Options
| Type | Term Length | Features | Best For |
|---|---|---|---|
| Multi-Year Guaranteed Annuity (MYGA) | 2–10 years | Fixed interest rate, principal protection | Savers seeking safe, CD-like growth |
| Short Term Fixed Annuity | 3–7 years | Guaranteed fixed growth with liquidity options | Retirees wanting predictable returns |
| Period Certain Income Annuity | 5–10 years | Provides guaranteed income for a set term | Those who want income for a limited time |
Benefits of Short Term Annuities
- ✅ Guaranteed growth or income with no market risk
- ✅ Flexible terms (2–10 years)
- ✅ Higher interest rates than CDs or savings accounts
- ✅ Tax-deferred growth until withdrawal
Why Work With Diversified Insurance Brokers?
Since 1980, our family-owned firm has helped retirees balance safety and growth. We compare short term annuity rates from 75+ carriers and tailor strategies to your unique needs. Learn more about annuities and explore our life insurance solutions to complete your retirement plan.
Lock in a Short Term Annuity Today
Compare leading carriers and secure the right short term annuity for your retirement.
