Annuities


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Striving to set and reach long-term financial goals? COF offers outstanding protection and security through quality fixed annuity products and retirement plans.

An annuity is a long-term insurance investment product that pays income. It can be incorporated into your financial strategy as a way to accumulate money for retirement or turn a lump sum of money into guaranteed, steady income during retirement (after age 59 ½).

COF offers fixed annuities. Fixed annuities accumulate funds on a tax-deferred basis1, offer a death benefit to loved ones and give options to receive income for life, along with other contract-specific features. Money can be received from an annuity quarterly, annually or in a lump sum payment. All guarantees, including death benefit payments, are dependent on the claims paying ability of Catholic Order of Foresters.

1Tax deferred: you do not pay taxes on your earnings until funds are withdrawn from your policy. Because annuities offer insurance and investment features, annuities may be subject to additional fees.

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