Annuities

Fort Lauderdale Annuities — Plan for Reliable Retirement Income

Annuities in Fort Lauderdale, FL built for guaranteed lifetime income, tax-deferred growth, and principal protection, so your money keeps working for as long as you need it to. Whether you’re approaching retirement or already enjoying it, the right annuity strategy can provide predictable, steady income you won’t outlive, while shielding your savings from market volatility. At ITW Insurance That Works, we help Fort Lauderdale residents evaluate fixed, indexed, and immediate annuity options tailored to their unique financial goals, risk tolerance, and retirement timeline — so you can plan with confidence and enjoy greater peace of mind about your financial future.

Coverage Options

A full range of annuity plans, matched to your goals right here in Fort Lauderdale. A full range of annuity plans, matched to your goals right here in Fort Lauderdale.

Fixed Annuities

A guaranteed rate locked in for a set term, closer to a CD than a stock, but with tax-deferred growth and typically stronger long-term rates. Built for the portion of retirement savings that can’t afford to lose ground.

Fixed Indexed Annuities

Growth linked to a market index, with a floor at zero so a bad year can’t shrink your principal. A common middle ground for Fort Lauderdale retirees who want upside without full market exposure.

Immediate Income Annuities

Turns a lump sum into guaranteed monthly income starting almost immediately, often within 30 days. Functions like a private pension for anyone who wants a predictable check regardless of what the market’s doing.

Who This Is For

Recently retired in Fort Lauderdale

You want the essentials covered no matter what the market is doing that month. An income annuity fills the space between Social Security and the lifestyle you actually planned for.

Approaching retirement in 3–7 years

You’re close enough to retirement that a bad market year could genuinely change your plans. Shifting a portion into a fixed indexed annuity protects principal while still capturing some upside.

Sitting on a large CD or savings balance

Bank interest looks safe until inflation and ordinary income tax quietly eat most of it. A tax-deferred annuity can improve what you actually keep after taxes, and set up future income instead of a balance just sitting there.

Benefits

Coverage built around your outcomes — not a one-size-fits-all pitch.

Guaranteed income for life, so running out of money isn't on the table
Principal protection built into fixed and fixed indexed products
Tax-deferred growth that pairs naturally with Florida's lack of a state income tax
Independent access to A-rated, Florida-approved carriers
Plain-English explanations instead of annuity jargon
Ongoing reviews to keep the annuity aligned with the rest of your retirement plan

How it works

Talk to a local agent

A quick, no-pressure conversation about your situation, budget, and priorities.

Compare real quotes

We pull plans from A-rated carriers licensed in Florida and show you the numbers side by side.

Enroll with confidence

We handle the paperwork and stay with you all year — claims, renewals, questions.

Local expertise

Retirement income built for how long Fort Lauderdale retirement actually lasts.

Fort Lauderdale is one of the most desirable places in the country to retire, and one of the most important places to plan carefully. Between Broward County housing costs, healthcare expenses, and the pull of every waterway and beach the region offers, running out of income mid-retirement is a real risk. Annuities in Fort Lauderdale, FL give retirees a guaranteed floor of income so the essentials stay covered, while the rest of the portfolio stays free to grow, travel, and fund the retirement actually planned for.

Why ITW

A licensed, independent Fort Lauderdale agent — not a call center.

Independent 1099

We work for you, not one carrier — so we show you the actual best fit.

Florida Licensed 2-15

Licensed in Life, Health & Annuities in the State of Florida.

Local to Fort Lauderdale

Meet in person or on Zoom — a real agent who answers the phone.

Free quotes, always

No cost, no obligation, no aggressive follow-up. Ever.

Talk to a real agent

Prefer to talk it through? Call (954) 495-8788.

Fritz Dorce personally answers questions from Fort Lauderdale residents every day. No robots. No wait times.

FAQ

Frequently asked questions

What is an annuity and how does it work?

Supplemental insurance is coverage that pays benefits on top of your primary health plan — for the copays, deductibles, and everyday expenses that major medical leaves behind. Dental, vision, hospital indemnity, critical illness, and accident plans are the most common types in Fort Lauderdale.

Are annuities safe in Florida?

Annuities are backed by the issuing insurance carrier and further protected by the Florida Life & Health Insurance Guaranty Association up to state statutory limits. ITW only recommends annuities from A-rated carriers with strong long-term financial ratings.

What types of annuities do you offer in Fort Lauderdale?

Fixed, fixed indexed, and immediate annuities, each built for a different goal: protecting principal, growing tax-deferred with market-linked upside, or generating income right away. The type gets matched to your retirement plan, not the other way around.

How are annuities taxed in Florida?

Growth inside an annuity is tax-deferred at the federal level, and withdrawals of earnings are taxed as ordinary income. Florida has no state income tax, which makes annuities particularly efficient for Fort Lauderdale retirees.

Can I lose money in an annuity?

Fixed and fixed indexed annuities protect your principal, market downturns can’t touch your original contribution. That’s a big reason Fort Lauderdale retirees use them to anchor the safe portion of a retirement plan.

How much money do I need to buy an annuity?

Minimums vary by product and carrier, typically starting around $10,000 to $25,000. We help you decide whether an annuity is even the right fit before recommending any amount at all.

When can I access my money in an annuity?

Most annuities allow penalty-free withdrawals of 10% per year after the first contract year. Larger withdrawals during the surrender period may trigger a surrender charge. We walk through all the liquidity terms before anyone signs anything.

Do annuities replace Social Security or a pension?

No, they complement them. Social Security provides a baseline, a pension adds to it if you have one, and an annuity can fill whatever income gap is left so the essentials stay covered.

(954) 495-8788