Immediate Fixed Annuities

An immediate fixed annuity is designed to provide a fixed stream of income during the payout period. An immediate annuity will begin an income stream within 12 months from the date of issue. You can decide when your immediate annuity payments will begin within that period as well as how long to receive the income from your Annuity

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What is a fixed annuity? A fixed annuity is a conservative retirement vehicle designed to accumulate assets and provide an income stream during retirement. To help give you a better idea of what a fixed annuity is and if it is right for you, let’s compare fixed annuities to other popular conservative investment vehicles. Certificates of Deposit or CDs. Keep in mind that both of the vehicles are high quality products therefore the “better” choice depends on each individual’s own situation and financial goals.

An Important Part of Your Total Retirement Income Plan

You may want a single premium immediate fixed annuity. The contract can help supplement your retirement income with guaranteed payments for life or for a specific period of time. Guarantees are based on the claims-paying ability of the issuing company.

For an Immediate Annuity Calculator  Click HERE  

 Key Product Features:

 • Guaranteed lifetime income – life annuity payments offer income that can’t be outlived.

 • Tax benefits - a portion of each payment (until original investment recovered) will be excluded from income taxation on contracts issued with after tax dollars.

• Inflation protection – you can elect an option to automatically increase income payments on an annual basis by 1%, 2%, 3% or 4%. Election of this feature will reduce the initial payment amount. This feature is not available with cash refund and installment refund annuity options.

• Access to cash withdrawals – during your retirement or for your beneficiary’s needs, if you choose a payout method that includes a period certain. Future payments may be reduced due to withdrawals.

• A wide range of annuity payment methods - allows you to customize your income to meet your needs and goals.

• Four choices for income payment frequency – monthly, quarterly, semi-annual or annual.

Help Take Control of Your Retirement Income

With the help of your financial professional, you should review the type of retirement lifestyle you want, estimate your retirement expenses, review the assets available to help fund your retirement, and review the products and services available to convert your retirement savings into retirement income.