Single Premium Tax-Deferred Fixed Annuity

FSA Security Builder 5 Annuity

The FSA Security Builder 5 Annuity is a single-premium, tax-deferred fixed annuity. It offers safety of principal, a fixed rate of return, and an income option that transforms the contract balance into a guaranteed income stream for life.^* Some people buy an FSA Security Builder 5 Annuity to help meet some of their individual retirement and other long-term needs.

Technically, the FSA Security Builder 5 Annuity is a contract between you and First SunAmerica Life Insurance Company. It allows you to build your annuity value over time and convert it to income in the future. Because it’s a single-premium contract, you purchase the annuity with only one lump-sum payment.

• Keep in mind that the FSA Security Builder 5 Annuity is designed to achieve long-term rather than short-term financial goals.

• Withdrawing money early can lead to early withdrawal penalties as well as certain tax penalties. 
  

Click here for a detailed Summary of FSA Security Builder 5 Annuity.  



^* Annuitization required (the process of converting the fixed annuity into a series of periodic income payments).