PRODCAT Income Annuities
An income annuity can convert part of your savings into a retirement “paycheck” to help pay for things like your food and housing costs.
Consider adding an income annuity to your retirement strategy if you:
Don’t think Social Security will be enough for your basic expenses.
Don’t want to withdraw solely from your savings for income.
Want to make sure your spouse has income should you die first.
What kind of “paycheck” can you get?
With an income annuity, the factors below will determine the amount of income you may get for your money:
- Your gender and age
- The amount you pay for your income annuity
- When you need your income to start – now or years from now
- How long you need your income to last – for life or a set number of years
- If the income is just for you or your spouse as well
Here are the main benefits of income annuities
ForeCertain
Take a look at our income annuity.
Gives you a “paycheck” to fit your needs: Income now or later. Income for life or a set period. Income for just you or your spouse too. You choose.
ForeCertain
Take a look at our income annuity.
Gives you a “paycheck” to fit your needs: Income now or later. Income for life or a set period. Income for just you or your spouse too. You choose.
Thinking of adding an income annuity to your retirement strategy?
Talk to your financial professional today to see which type of income annuity makes sense for you.