Annuities

A Single Annuity provides a periodic income which begins after the mode selected (monthly, quarterly, semi-annual, and annual) when the policy is issued.

In a Single Annuity, a lump sum of money is paid in and you are guaranteed to receive a series of payouts over a period of time. The amount of the payout is determined by both the current interest rate at the time the contract is issued and by the payout option chosen.

A Single Premium Deferred Annuity is a policy that combines accumulation and interest to provide an income that is available on either a qualified or non-qualified basis. This is available to fund a traditional or Roth IRA.

In a deferred annuity, the single deposit is left to grow until the owner decides when to begin a systematic stream of income payments. There are many payout options available to choose from including a lifetime payout that you cannot outlive.

A Flexible Deferred Annuity combines accumulation and compound interest to provide a retirement income. This accumulation and future income are available on either a qualified IRA or non-qualified basis. This is available to fund a traditional or Roth IRA.

In a flexible deferred annuity, the deposits are left to grow until the owner decides to begin a systematic stream of income payments. There are many payout options available to choose from including a lifetime payout that you cannot outlive.