| ||||||||||||
|
Life AnnuityLife annuity information as well as complete details on over 300 fixed annuities and equity indexed annuities. We provide life annuity quotes from over 40 different annuity insurance companies. To purchase a life annuity, you make a one-time payment and distributions typically begin within 30 days, but can be delayed for up to one year. A life annuity can be fixed or variable, just as with deferred annuities. The income payments you receive from a "fixed" life annuity will never change and are based on your age, gender, the amount you contribute and the interest rate environment at the time of purchase.
A life annuity can provide dependable security: a stream of income payments that will continue for the rest of your life or for a period you select. If you are about to stop working, a life annuity may be a good place to deposit a large lump sum of money accumulated through deferred annuities, a retirement plan or other savings vehicle. For a more detailed discussion of life annuity features and their various payment options, please visit our Life Annuity Information page. A life annuity can be purchased with funds from a variety of possible sources, such as: a maturing Certificate of Deposit (CD); monies which have accumulated in a Deferred Annuity account; or funds from a tax-qualified defined benefit, 401k or IRA account. Many investors and financial planners have benefited from life annuity products, although selection of the right insurance company based on your unique requirements is very important. If you think a life annuity may be a good solution for you, please complete our Life Annuity Quote Form or contact our Life Annuity Information Center toll-free at 1-800-239-0356. A Single Premium Life Annuity is suitable for a variety of income needs. A life annuity is most typically used to fund income requirements while in retirement. However, they can also be used to provide a source of income to dependents after your death, to provide specified child support or alimony payments, to fund specialized education for a disabled child or to consolidate assets and turn them into an income stream. Under current tax law, a portion of each payment received from a non-qualified life annuity is tax-free until your total premium is recovered. The remainder of each payment will be taxable as ordinary income in the year received. Talk to an Annuity Advantage Representative today and see how a Single Premium Life Annuity can help you meet your retirement income needs. Our life annuity service is always FREE and you will never incur any type of sales charge or load fee. If you prefer the assistance of a live Life Annuity Specialist, please call our Life Annuity Information Center toll-free at 1-800-239-0356. Buying a life annuity has never been easier. AnnuityAdvantage.com, your complete one-stop life annuity shopping service.
¹ First year yield/rate reflects fixed rate plus premium bonus or interest rate enhancement. Interest is based on current rates and subject to change without notice.Send email to
webmaster@annuityadvantage.com with
questions or comments about this web site.
|
|
Annuity Guide
|
