Annuities in Tennessee

Understand the contract before you decide

An annuity is an insurance contract that may be considered as part of a retirement-income plan. The right starting point is what you want the money to do, when you may need access to it, and how much uncertainty you are comfortable with.


Thompson Insurance Agency can discuss available annuity options and help you identify questions about income features, guarantees, fees, and withdrawals. Different annuity contracts work differently; some have surrender charges or limits on access to funds.


An annuity is not the right fit for every goal. Guarantees depend on the issuing insurer, and product terms, risks, tax treatment, and availability vary. Review the full contract and disclosures and speak with your tax or financial adviser about your circumstances before making a decision.


Call (615) 928-2474 to request a conversation about annuities in Tennessee.

Request an Annuity Conversation

Annuity FAQs

Questions to discuss before considering an annuity. Product terms, fees, and guarantees vary; tax questions belong with a qualified adviser.

Annuities can be considered for a defined retirement-income or savings goal, but they are not suitable for every need. Clarify when you may need the money, how much liquidity you require, and what risks or trade-offs you are willing to accept.

Possibly, but surrender charges, withdrawal limits, and tax consequences may apply. Ask for the contract’s surrender schedule and available withdrawal provisions. Review personal tax implications with a qualified tax adviser.

Guarantees depend on the specific contract and the issuing insurer’s claims-paying ability. Ask for the product disclosure and illustration, identify any fees or conditions, and separate guaranteed values from non-guaranteed projections.

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