• Written By
    Jennifer Schell

    Jennifer Schell

    Financial Writer

    Jennifer Schell is a professional writer focused on demystifying annuities and other financial topics including banking, financial advising and insurance. She is proud to be a member of the National Association for Fixed Annuities (NAFA) as well as the National Association of Insurance and Financial Advisors (NAIFA).

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  • Edited By
    Lamia Chowdhury
    Lamia Chowdhury

    Lamia Chowdhury

    Financial Editor

    Lamia Chowdhury is a financial editor at Annuity.org. Lamia carries an extensive skillset in the content marketing field, and her work as a copywriter spans industries as diverse as finance, health care, travel and restaurants.

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  • Reviewed By
    Timothy Li, MBA
    Timothy Li, MBA Headshot

    Timothy Li, MBA

    Business Finance Manager

    Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Timothy currently serves as a business finance manager where he researches ways to increase profitability within the supply chain, logistics and sales departments.

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  • Updated: July 4, 2023
  • 4 min read time
  • This page features 5 Cited Research Articles
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Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make Annuity.org an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on Annuity.org.

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Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

About Talcott Resolution Life Insurance Company

Talcott Resolution Life Insurance Company was established in 1902 as Hartford Life Insurance Company. In 2018, the company was sold to investors and Talcott Resolution became its own independent life insurance company.

The global investment firm Sixth Street acquired Talcott Resolution Life in June of 2021 for an undisclosed price. Since then, Talcott has primarily acted as a reinsurer for other annuity providers.

On Dec. 30, 2021, Talcott completed an agreement with Allianz Life to reinsure $20 billion in fixed index annuities. In October of 2022, Guardian Life Insurance announced that Talcott Resolution would reinsure roughly $7.4 billion in variable annuity benefits, with the deal expected to close by the end of the year.

Talcott Resolution Contact Information

If you need information about your Talcott Resolution annuity, you can contact the customer service department by calling one of the following numbers, depending on your contract’s status.

For contracts that are in force: 1-800-862-6668
For annuitized contracts: 1-877-372-2935

Credit Ratings

Credit ratings give consumers an idea of the overall financial stability of an annuity provider. The independent agencies that issue these ratings protect consumers by helping them understand how safe their investment is with a certain annuity provider.

The better the company’s rating, the more likely they can fulfill their end of annuity contracts. Talcott Resolution has received ratings from three of the four biggest credit rating agencies: AM Best, Moody’s and Standard & Poor’s.

Talcott Resolution Credit Ratings

Credit Agency Rating Outlook
AM Best B++ Stable
Moody’s Baa3 Positive
S&P Global Ratings BBB Stable
Source: Talcott Resolution Financial Ratings
Annuity rates on a phone

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Talcott Resolution Products

Talcott Resolution does not currently sell annuity products. The types of annuities once offered by the company included variable annuities, fixed annuities and fixed index annuities.

Variable Annuities

Variable annuities are one type of product that Talcott Resolution provided. These products carry a medium amount of risk and reward.

When you purchase a variable annuity, your premium goes into an investment portfolio. Your portfolio can include stocks, bonds, mutual funds or other products. The amount of income you receive from the variable annuity will depend on the performance of your investment portfolio.

Though variable annuities carry some risk of lower growth, most annuity providers will at least guarantee that you will receive a return of your premium, so you won’t lose your initial investment. Some companies will also let you invest part of your annuity’s value into a fixed interest account that is not tied to market performance.

Variable annuities are designed for those who are willing to assume a bit more risk in exchange for greater potential returns. Experts usually recommend this annuity product to younger investors who have more time to recover from market fluctuations.

Fixed Annuities

Talcott Resolution also offered fixed annuities. Fixed annuities are considered the safest annuity option. Because there is no market exposure, the growth of the contract’s value and the amount of the payments you’ll receive is predictable.

A fixed annuity grows in value according to an interest rate that’s locked in when you sign the annuity contract. After a specified number of years, the annuity matures, and the contract’s value is converted to a stream of income payments.

Fixed annuities are best for conservative investors who want to grow their savings and have access to a steady stream of income in retirement. People who are closer to retirement might consider purchasing a fixed annuity because of its security and stability.

Fixed Index Annuities

The third type of annuity once offered by Talcott Resolution is fixed index annuities. Also known as an indexed annuity, this product combines features of fixed and variable annuities.

Fixed index annuities grow in value based on two interest rates. The annuity contract has a guaranteed minimum interest rate, so your premium will see a certain amount of growth each year. On top of this, the annuity also grows with an interest rate that’s tied to a stock market index.

This hybrid design of fixed index annuities provides a medium amount of market exposure. There’s potential to benefit from equity market gains, but you still have protection against low growth years if the market takes a downturn.

Client Resources

Talcott Resolution’s website features an Annuity Resources page for current clients. Annuity contract holders can access regulatory documents and fund performance reports to make decisions about their annuity contracts.

Customers can also download a few commonly used forms related to annuity contracts, including:

Talcott Resolution Annuity Forms

  • Annuitization Option
  • Annuity Beneficiary Change Request
  • Automatic Income Program Enrollment
  • Federal and State Tax Withholding Notice
  • Internet or Telephone Redemption Enrollment
  • Required Minimum Distribution
  • Third Party Authorization
  • Trustee Certification

About Annuity.org

Annuity.org has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

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Last Modified: July 4, 2023