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Immediate Annuities


Below is some general information regarding Immediate annuities. Please review the information to determine if an Immediate annuity is right for you...

What is an Immediate Annuity?

An Immediate annuity is a product that was created for solely one purpose: To provide a predictable and dependable income stream. These payments can be for a specific period of time or they can be guaranteed to continue payments for the remainder of your life. You even have the option to do both.

How does an Immediate Annuity work?

Immediate annuities are purchased with a lump-sum payment and usually begin payout within 30 days. These payments, however, can be customized to meet your specific needs. The payments can be distributed monthly or annually. It is important to know that these payments are set for the guarantee period and cannot be changed. They can be effected by changes in market conditions in certain instances (where you have chosen this option), but generally they are tied to an unchanging, guaranteed rate of return.

Why should I choose an Immediate Annuity?

Immediate annuities provide much needed security and stability in your retirement planning because your payments are guaranteed and unaffected (unless otherwise selected by you) by market fluctuations and any other outside influences.

Benefit of an Immediate Annuity


Lets say you have $50,000 in a bank, money market, or old 401k. Instead of trying to manage your own retirement income, you make a lump sum and receive a payment for the rest of your life! These payment will be determined by your age, gender, and/or your life expectancy.

Types of Immediate Annuities

Period Certain: Guarantees income payments for a defined period of time.

Life with Period Certain: Provides payment for the life of the annuitant; If the annuitant does not survive the stated period of time, the remaining payments will be made to the beneficiaries

Life Only: Provides payment over the life of the annuitant only. The risk with this option is if you die before your initial investment has been returned, the insurance company will keep the remainder. The reward is that if you are in good health, you may outlive the insurance companies life expectancy tables and come out way ahead. Also, this selection always provides the greatest rate of return on your investment.

Joint and Survivorship: Provides a lifetime payment on two lives continuing payments until both individuals are deceased. This is a great way to guarantee an income stream for a spouse in the event of your death for the duration of their life as well.

​An Immediate annuity can solve many of your income needs, help manage your retirement income, and relieve you of many of your financial
concerns. It can be a valuable tool in your overall financial plan.
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  • ABOUT US
    • BIOGRAPHY
  • SEMINARS
  • LEARNING CENTER
    • ANNUITIES
    • E-SEMINARS
    • INVESTMENT TOOLS
  • REQUEST A QUOTE
  • Blog
  • CONTACT US