Will Your Savings And Investments Last?

Annuities are one way for retirees and people planning for retirement to arrange steady income for themselves. When you buy an annuity, you're contracting with an insurance company to make payments to you, starting right away (an immediate annuity) or sometime in the future (a deferred annuity).

One of the payment options will be income for the rest of your life, or your life and your spouse's. There are other advantages, too:

  • Tax-deferred growth. Your annuity earnings can grow faster until you retire, since you don't owe tax until the earnings are paid out to you.
  • A potential death benefit for your survivors. If you die prematurely, your spouse or other beneficiary may be entitled to a lump-sum payment.
  • A choice of underlying investment types. Fixed annuities pay a guaranteed* interest rate. Variable annuities allow you to benefit from stock and bond market gains, but expose you to downturns.**


Wondering whether an annuity should be part of your retirement portfolio? Visit or call any SB&T location for a referral to a Synovus Investment and Insurance Specialist. They'll review the pros and cons, answer your questions and discuss your choices with you.

Investment products and services provided by Synovus are offered through Synovus Securities, Inc ("SSI"), Synovus Trust Company, N.A. ("STC"), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. Trust services for Synovus are provided by Synovus Trust Company, N.A. The registered broker-dealer offering brokerage products for Synovus is Synovus Securities, Inc., member FINRA/SIPC. Investment products and services are not FDIC insured, are not deposits of or other obligations of Synovus Bank, are not guaranteed by Synovus Bank and involve investment risk, including possible loss of principal amount invested.

Synovus Securities, Inc. is a subsidiary of Synovus Financial Corp and an affiliate of Synovus Bank and Synovus Trust. Synovus Trust Company, N.A. is a subsidiary of Synovus Bank.

You can obtain more information about Synovus Securities, Inc. and its Registered Representatives by accessing BrokerCheck.

Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus and are subject to normal underwriting procedures.

The information above, which is general in nature, is not a substitute for professional tax advice. You should consult your tax or financial advisor for specific questions regarding your own tax situation. We cannot provide individual tax advice. *Guarantees are subject to the claims-paying ability of the issuing insurance company. **There are certain risks and liquidity issues involved with purchasing a Variable Annuity product. Please be aware of the following important disclosures: There may be liquidity issues such as potential surrender charges and IRS penalties. Sales charges may be higher than those of other investment products. There may be more fees associated with purchasing this product (including mortality and administrative fees, investment advisory fees, and charges for riders or special features). Be aware of federal tax treatment for Variable Annuities. You may be subject to state and local government premium taxes (if applicable). Dollar cost averaging does not insure profit or protect against loss. Withdrawals prior to age 59 1/2 are generally subject to a 10% federal income tax penalty. Your investment is subject to market risks and possible loss of principal. The product being purchased may or may not have a "free-look" period. This is typically a 10-day span in which you can pull out of the contract and obtain a refund based on contract terms or state law. You should use this time to review the policy, ask your insurance agent or financial consultant any additional questions, and make a final decision as to whether the annuity you selected was right for you.