Immediate Annuity

An immediate annuity is the arrangement of a regular flow of income checks to you. You can receive this income, based upon your preferences monthly, quarterly or annually. 

The checks can start to you as fast as within one month of deposit, and ...

You can utilize savings that you have through other retirement plans, savings plans or even through deferred annuities...

The immediate annuity calculator gives you a quick estimate of how much your monthly income can be.


Several Options

You have several options as well. Such as...

• You can receive a guaranteed amount for as long as you live.
• You can receive a guaranteed amount for a certain number of years, such as 15, 20, etc.
• You can even have a guaranteed amount for the life of the primary person and the beneficiary that you choose...
  

These options center upon a scheduled guaranteed fixed income to you. There may be other choices depending on your needs... 


The Tradeoff

First, you are only taxed on your earnings, not your principal. But, speak to your tax advisor for the latest, as tax laws can and do change...

This also means that by shifting assets into an annuity, that you may be able to forego capital gains taxes. (But again, speak to your tax advisor...)

One other important option to know is that the interest rate on your immediate annuities can be set by you. You can make it variable, or you can make it fixed.

If it all seems to confusing, don't worry. There is an easy way to look at this...


Free Annuity Quote

Establishing an annuity that provides monthly income on an immediate basis may be a good option for you...

But, you can also obtain a deferred annuity that grows each month into a large retirement nest egg when you are ready to take advantage of it...

Get a good annuity quote - let us help you make the best choices!


Or, get a free consultation from a Certified Financial Planner to go over your plans to help you make the best decision for your needs. 

“Protect and grow your hard earned money.”



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