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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.

Single Premium Immediate Variable Annuity

Convert a lump sum of money into an immediate income with the potential for growth. The income you receive will fluctuate, based on the performance of the investments you choose. You'll get access to professionally managed investment options, along with flexible income payout options. This type of annuity may also pay a death benefit to the people and causes you care about.

  • Access to a variety of professionally managed investment options.
  • Flexible payout options.
  • May pay a death benefit.

Member's Voice

"The level of trust that we have with [our financial representative] is important to us. We want to keep the relationship and the conversation going."*