Fixed Annuities for Steady Retirement Income in Los Angeles

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Dependable income. Zero market risk. Peace of mind for your future.

If you’re planning your retirement in Los Angeles, stability matters. A fixed annuity provides a guaranteed interest rate and reliable payouts, making it a popular option for retirees who want to turn savings into predictable income—without worrying about the stock market.



At Hansol Financial & Insurance, we help you understand how fixed annuities work and whether they’re the right fit for your retirement strategy. With deep knowledge of the Los Angeles market and a culturally attentive approach, our team is here to make complex topics feel simple and personal.

What Is a Fixed Annuity?

A fixed annuity is a contract with an insurance company that guarantees a specific interest rate on your money for a set period. In return, you can receive income payments later—either over time or all at once. It’s like building your own pension, tailored to your retirement needs.



Unlike stocks or mutual funds, fixed annuities are not subject to market fluctuations. Your principal is protected, and you know exactly what to expect. For many retirees, that means fewer surprises and more peace of mind.

Why Fixed Annuities Appeal to Los Angeles Retirees

  • Protection from Market Swings: No need to worry about downturns—your rate is locked in.
  • Reliable Income: Helps cover essentials like housing, groceries, and healthcare.
  • Tax-Deferred Growth: Your money grows faster because you don’t pay taxes until you withdraw.
  • Local Support: We understand the retirement landscape in LA—from Koreatown to Santa Monica—and offer personalized guidance every step of the way.

Who Is a Fixed Annuity Right For?

  • People nearing retirement who want to protect savings
  • Retirees looking to create monthly income
  • Those concerned about outliving their money
  • Individuals who want a guaranteed rate without market exposure



If you value financial stability and predictable returns, a fixed annuity may be an excellent foundation for your retirement income.

How We Help

At Hansol, we don’t push products—we guide you to the best-fit solution. We’ll walk you through fixed annuity options, compare rates from trusted carriers, and help you integrate it into your broader retirement strategy. And because we’re based here in Los Angeles, we bring insight into local costs, taxes, and retirement trends.



We also offer Multi-Year Guaranteed Annuities (MYGA), which lock in your interest rate for 3–10 years.

Ready to Add Stability to Your Retirement Plan?

Contact us today to request a fixed annuity quote or schedule a no-pressure retirement consultation. Whether you’re just starting to plan or refining the details, we’re here to help you move forward with confidence.

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Indexed Annuities

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Lifetime Income Annuities

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Multi-Year Guaranteed Annuities (MYGA)

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Retirement Planning

  • What is a fixed annuity, and how does it work?

    A fixed annuity is a financial product that offers a guaranteed interest rate for a set period. You contribute a lump sum (or series of payments), and in return, the insurance company pays you regular income—now or in the future. Your principal is protected, and your rate of return is not affected by the stock market.

  • Are fixed annuities a good option for retirement?

    Yes, especially if you value predictable income and protection from market volatility. Many people use fixed annuities to supplement Social Security or pension benefits in retirement. They’re especially useful for budgeting monthly expenses in places with higher living costs, like Los Angeles.

  • What’s the difference between a fixed annuity and a MYGA?

    A Multi-Year Guaranteed Annuity (MYGA) is a type of fixed annuity that locks in your interest rate for a specific term—usually 3 to 10 years. It’s ideal for people who want guaranteed growth over a set period before turning it into income. 

  • Can I lose money in a fixed annuity?

    Fixed annuities are considered very low risk. Your principal is protected by the issuing insurance company, and your returns are guaranteed. However, if you withdraw money early or before the contract allows, you may face surrender charges or tax penalties.

  • Is the income from a fixed annuity taxed?

    Yes, earnings grow tax-deferred, but you’ll pay ordinary income tax on the interest when you withdraw. If you take money out before age 59½, there may be additional IRS penalties.

  • How do I choose the right fixed annuity for me?

    That’s where we come in. At Hansol, we help you compare options from top carriers and explain the pros and cons of each—so you can make a confident, informed choice that supports your retirement goals.