Immediate Income Annuity

Immediate income annuity

Qualified and non-qualified annuities

Immediate income annuity offers security, simplicity, high returns and preferred tax treatment. It can provide life annuity: a stable lifetime income which can never be outlived, or which may be guaranteed for a specific time. Investments do not have to be managed by the policyholder and the preferred tax treatment means that you can postpone the payment of income tax; only the portion attributed to interest is subject to taxes.

An annuity of this sort can either be qualified or non-qualified: a qualified annuity uses money that, until now, has qualified for exemption from IRS income tax. Non-qualified annuities use money on which tax has already been paid.

" can put you directly in touch with finance and insurance Specialists who can offer you advice on the best type of immediate income annuity for your circumstances. Whether you are an employer looking for a supplemental income program or an individual who wants to invest your after-tax savings, we will be able to find you the right team of professionals to help you make the most of your money."

There are a few complexities within the process of setting up an immediate income annuity that a dedicated finance and insurance specialist will be able to advise you on. Qualified annuities can be subject to sex-distinct rates when the buyer is a corporation, but individuals are generally offered unisex rates. In some circumstances, the same is true of non-qualified annuities.

“ put me in touch with an excellent finance and insurance specialist who helped me develop a retirement plan for my employees at very reasonable rates.”

“As an individual looking to invest an inheritance, were able to help me locate the right experts for the job.”