Financial Investment Services



Immediate vs
Deferred
Annuities



An Immediate annuity is usually a one-time lump sum premium payment, in exchange, you begin to receive an income soon there after, normally within 12 months.. This type of annuity guarantees a fixed income for specified period of time or for the rest of your life, but you do not have the option to invest or spend your money in another way. An Immediate annuity is NOT for everyone and is generally for special cases.

Please consult with your advisor to see if this annuity meets your needs.

Any remaining accumulation value will go directly to a designated beneficiary upon death of the contract owner.


All other types of annuities are known as deferred annuities, which begin income payments MANY years after the initial premium payment.



Disclaimer:



The Information presented here is for informational purposes Only. It is not intended for legal, tax or investment advice. Financial products vary by state of resident, age, and product chosen. Some financial products such as annuities can carry surrender charges or restrictions to access your funds. Some annuity products carry a fee when applying an income rider. Guarantees are based on the financial strength and claims paying ability of the insurance company. Please read over all insurance contracts and disclosures carefully before making any purchase decisions. Rates and Returns presents are subject to change without notice.





Financial Investment Services