*All guarantees are subject to the terms and conditions of the contract and backed by the financial strength and claims-paying ability of the issuing insurance company, not Schwab.
The projections or other information generated by the Income Annuity Estimator tool are hypothetical in nature, and do not reflect actual investment results and are not guaranteed of future results. Your results may vary.
In order to simplify this estimator, we he made additional assumptions on your behalf that, when combined with the inputs you he given us, result in the numbers presented here. Estimates provided are not binding and subject to additional considerations, including taxes, that may result in a higher or lower payout. Please contact a Schwab representative for more information. See additional important disclosures.
An income annuity has no cash value. Once issued, it cannot be revoked, and the initial investment is not refundable and cannot be withdrawn or exchanged for another annuity. Joint and survivor life options may reduce the current income payment upon the death of the primary annuitant.
Life only payout contracts may not be ailable to owners at advanced ages.
Charles Schwab & Co., Inc., a licensed insurance agency, distributes certain insurance and annuity contracts issued by non-affiliated insurance companies. Not all products are ailable in all states.