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Immediate Annuity

Annuities → Immediate Annuity

Immediate Annuity: Lifetime Income Starting Now

An immediate annuity is designed to convert a lump sum into guaranteed income payments that begin shortly after purchase. It can be a core piece of a retirement income strategy when you want predictability.

Key benefits

  • Guaranteed income payments (subject to contract guarantees)
  • Option for lifetime income
  • Predictable cash flow in retirement
  • May help address the risk of outliving your money

Where it can fit in retirement income planning

An immediate annuity can help create a baseline “paycheck” in retirement, complementing Social Security and other income sources. It can reduce withdrawal stress and provide peace of mind when market volatility is a concern.

Request a Retirement Income Analysis to see whether an immediate annuity makes sense for your situation. We match you with a fully licensed advisor who specializes in income-focused retirement planning.

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Annuity returns & suitability are based on age

This page is for informational purposes only and does not constitute tax, legal, or investment advice. Advisory services are provided by properly licensed financial professionals. Guarantees, if applicable, are backed by the financial strength and claims-paying ability of the issuing insurance company.