Immediate Annuity

An immediate annuity is the arrangement of a regular flow of income checks to you. You can receive this income, based upon your preferences monthly, quarterly or annually.The checks can start to you as fast as within one month of deposit, and …

You can utilize savings that you have through other retirement plans, savings plans or even through deferred annuities… The immediate annuity calculator gives you a quick estimate of how much your monthly income can be.

Several Options


You have several options as well. Such as…

You can receive a guaranteed amount for as long as you live.
You can receive a guaranteed amount for a certain number of years, such as 15, 20, etc.
You can even have a guaranteed amount for the life of the primary person and the beneficiary that you choose…
These options center upon a scheduled guaranteed fixed income to you. There may be other choices depending on your needs…

First, you are only taxed on your earnings, not your principal. But, speak to your tax advisor for the latest, as tax laws can and do change…
This also means that by shifting assets into an annuity, that you may be able to forego capital gains taxes. (But again, speak to your tax advisor…)

One other important option to know is that the interest rate on your immediate annuities can be set by you. You can make it variable, or you can make it fixed.

Guest post by Tony Durso:

Tony Durso founded www.Annuities-Financial-Planning.com to help people get the financial information they need in our current economic times. You can find out about annuities and how they work. You can get the information you need to update or modify your financial planning. Read up on 401k’s and IRA’s. There are even a multitude of calculators available to help you calculate savings, determine monthly annuity income that you will receive, etc. This site allows prospective investors to educate themselves on annuities and other financial planning options. Investors can receive a free annuity quote or speak to a Certified Financial Planner.