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USAA is The American Legion's preferred provider of financial services. Offering a range of top-rated financial and insurance products and services. USAA welcomes honorably discharged U.S. military veterans, active-duty troops and qualified family members and descendants of those who have served. USAA contributes funds to American Legion programs when members join through a dedicated channel:
usaa.com/legion or by calling toll-free at 1-877-699-2654.

Financial Questions & Answers

Financial Questions & Answers

Question:

What is the advantage of rolling over my 401(k) into an annuity? – Michael

Answer:

This is a big decision and one that you should make in the context of your overall financial situation and game plan. Fixed annuities can offer a stable, guaranteed option for your retirement portfolio and many seek that peace of mind. Income annuities can turn your retirement savings into a stream of income when you need or want it. Both of these might be appropriate depending on your specific situation. However, considering the complexity of the decision, we would recommend giving one of our advisors a call at (877) 699-2654 and discussing your specific situation.