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Immediate Annuities

With an immediate annuity, you can transform a sum of money – like an inheritance or IRA rollover – into income that starts right away and can last the rest of your life. It's a secure and stable way to get income during retirement that you can count on, without the wait.

Immediate annuities let you:

  • Turn a sum of money into income.
  • Receive payments immediately, either for a specified period of time or until you die.
  • Receive the payments in a variety of ways.

Single Premium Immediate Annuity

Convert savings, investments or an inheritance into income to help cover expenses and fill income gaps. These annuities provide a guaranteed income stream, either for a set period of time or for your lifetime.1 They also may pay a death benefit to the people and causes you care about.

  • Turn a sum of money into an immediate income stream.
  • Flexible payout options.
  • May pay a death benefit.

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