Annuities · Broward & Palm Beach County
Retirement income that shows up every month — guaranteed.
Fixed annuities, fixed indexed annuities and multi-year guaranteed annuities (MYGAs) for South Florida retirees who want the growth and predictable income of a paycheck without the drama of the market.
Why an annuity
Because a great retirement is math, not luck.
Most South Florida retirees have accumulated meaningful assets — a paid-down home in Boca, a 401(k), maybe a rental unit or two. What they don't automatically have is guaranteed monthly income. Social Security covers the essentials; annuities cover the life you actually want to live along the coast.
An annuity is a contract between you and an A-rated insurance carrier. In exchange for a lump sum (or a series of premiums), the carrier guarantees a rate of growth, protection of principal, and — when you're ready — a stream of income you can't outlive. PB & J structures those contracts across the entire annuity market so the terms actually fit your retirement, not the carrier's brochure.
What we structure
Three annuity types, matched to three different jobs.
Fixed Annuities
A guaranteed interest rate, guaranteed principal, and predictable income. The bond alternative for retirees who want zero market exposure.
Fixed Indexed Annuities (FIA)
Growth linked to a market index (S&P 500, Nasdaq-100, etc.) with a downside floor of 0%. Participate in gains, sit out losses.
Multi-Year Guaranteed Annuities (MYGA)
A fixed rate locked for 3, 5, 7 or 10 years — the CD alternative, typically with a higher yield and tax-deferred growth.
Guaranteed Lifetime Income Riders
Turn any of the above into a paycheck for life — for you, or you and your spouse — while keeping access to the remaining balance.
1035 Exchanges
Move an underperforming or high-fee annuity into a stronger contract tax-free. We regularly rescue policies bought a decade ago.
Tax-Deferred Growth
Growth inside an annuity compounds tax-deferred until you withdraw — a meaningful benefit for high-earning Florida retirees.
Situations we solve
How South Florida retirees typically use annuities.
"I want guaranteed income to cover my baseline expenses." We build an income-annuity floor equal to your fixed monthly obligations — property taxes, HOA, utilities, insurance — so nothing in the market can threaten your lifestyle.
"CDs are barely keeping up with inflation." A MYGA often pays materially more than a comparable-term CD, with tax deferral on top. For non-qualified money, the after-tax difference can be significant.
"I don't want to lose money again." A fixed indexed annuity gives you a floor of zero. In a bad market year you don't gain — but you don't lose either. For retirees whose 2008 or 2022 still stings, that math matters.
"My existing annuity feels expensive."Many variable and older indexed contracts carry 2%+ annual fees and outdated caps. A 1035 exchange into a stronger product is often tax-free — and we run the comparison for free.
Free Quote
Compare guaranteed annuity rates — free, honest, side-by-side.
We shop every A-rated carrier and show you the exact contract terms. No commissions discussed unless you ask.
Retirement, locally
Retirement planning built for the coast you actually retired on.
South Florida cost-of-living looks nothing like national averages. Property taxes in Broward and Palm Beach County, HOA and insurance escalation on coastal condos, and healthcare inflation demand a retirement income plan that keeps up. That's what we structure — not a template.
Frequently asked
Annuity questions we hear every week.
Are annuities safe?+
Fixed, fixed indexed and multi-year guaranteed annuities are backed by the issuing insurance carrier and, secondarily, by Florida's guaranty association up to statutory limits. We only place business with A-rated (or better) carriers.
What's the difference between a fixed annuity and a fixed indexed annuity?+
A fixed annuity pays a stated interest rate — predictable and simple. A fixed indexed annuity credits interest based on the performance of a market index, with a cap or participation rate on the upside and a 0% floor on the downside. You never lose principal to market performance in either.
How is a MYGA different from a CD?+
A MYGA (Multi-Year Guaranteed Annuity) works like a CD: a fixed rate for a fixed term. The differences: MYGAs are typically issued by insurance carriers (not banks), often pay a higher rate, and grow tax-deferred — you pay tax only when you take money out.
Can I lose money in an annuity?+
Not to market performance in the products we recommend. You can pay a surrender charge if you withdraw more than the free amount early in the contract, which is why we match the term to your actual liquidity needs.
What if I already own an annuity?+
Bring it in. Many older contracts have moved out of the market's leading edge — we regularly execute 1035 exchanges into stronger products tax-free, without triggering a taxable event.
How do annuities fit alongside Social Security?+
Social Security covers a portion of your monthly essentials; the goal of an income annuity is usually to close the gap between Social Security and your actual monthly baseline. We model it explicitly, in dollars.
Also from PB & J Insurance
The rest of your coverage, in one place.
Life Insurance
Term, whole, universal, mortgage protection, final expense, juvenile.
Explore coverage →
Critical Illness & Supplemental
Heart attack, stroke, cancer, hospital indemnity, accident cash.
Explore coverage →
Medicare Plans
Advantage, Supplement, Part D, dental, hearing, vision.
Explore coverage →
Ready when you are
See what a guaranteed retirement paycheck could look like.
Free, no-obligation annuity comparison for Broward and Palm Beach County retirees.