Description

Income
When your work life changes, your income doesn’t have to.

There are lots of ways to maintain your lifestyle later on in life. A guaranteed income annuity is one good way to do it. Most people think of an annuity as a pension-like stream of income. When you have one, you basically get a steady “paycheck” for the rest of your life—so you can worry less about managing your money and focus more on living your life.

Everyone has different ideas about what they need when it comes to retirement. That’s why talking to a financial professional is a good way to find out what’s best for you.



Income now or later? It’s entirely up to you.
You can choose a guaranteed income solution that starts paying out immediately, or one that pays you later on.
Income Now with Immediate Income Annuities
Retire in comfort with a reliable income stream.

Throughout all stages of life, having a predictable stream of income is important. Retirement is no different. A guaranteed income annuity can give you pension-like payouts that help you to maintain the lifestyle you’ve earned. And you can start collecting as soon as next month. Don’t worry about spending down your savings. Enjoy the comfort of knowing exactly how much income you get to spend each month.



Consider Immediate Income Annuities if you’re looking for:

A way to convert savings into a stream of immediate income
Guaranteed monthly payouts you can rely on
A way to supplement your savings for retirement.

With Immediate Income Annuities, you can get guaranteed income in retirement.
You’ve done the hard work of saving. Now enjoy the benefits. Let’s begin by looking at a few factors that can guide you while choosing your Immediate Income Annuity. 

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Guarantees in income

Some people prefer steady payout amounts each and every month. Others want the opportunity to get higher income down the road through potential dividend payments. READ ALSO

How long you want to receive income

Some people want income for life. Others need it for a set period of time.
product is right for you.
Guaranteed Lifetime Income Annuities

People who want immediate income with level and predictable payout amounts prefer this option. Enjoy knowing you have a guaranteed pension-like stream of income for the rest of your life.

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Lifetime Mutual Income Annuities

People who are willing to get a little less income guaranteed now, for the opportunity to get more later, prefer this option. You’ll still get steady and predictable payouts, but you’ll also have the potential for additional income through non-guaranteed dividends.

Guaranteed Period Income Annuities

Here, you’ll receive income for a specific number of years. This option may be a consideration for people who are looking to bridge the gap between retirement and Social Security or bolster income in the earlier stages of retirement.



Income Later with Deferred Income Annuities
Make decisions today to maximize your income down the road.

Use your income and assets today to create income for the future. Deferred income annuities let you create a pension-like income stream that you can depend on two years from now or further into the future. Some people take this retirement approach because of the steady periodic payouts, which can help them maintain their lifestyle after they retire. Since you’ll be getting a consistent income, you might not need to dip into your investments—and the longer you defer your payouts, the more guaranteed income you generate down the road for when you’re ready to enjoy retirement.

Consider Deferred Income Annuities if you’re looking for:

Guaranteed income for life, starting in a few years
Higher income later because you’re able to put away money now
A way to supplement your savings down the road.

retirement.
You deserve a secure future—whenever you decide to retire. Whether you want predictable payouts you can count on right away or prefer to have the opportunity to get even higher payouts down the road, you have choices.



product is right for you.
Guaranteed Future Income Annuities

People who want level and predictable income when they retire prefer this option. Enjoy knowing you have a guaranteed pension-like stream of income for the rest of your life.

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Future Mutual Income Annuities

People who are seeking higher potential income down the road prefer this option. You’ll get steady guaranteed payouts, but you’ll also have the potential for additional income through nonguaranteed dividends.

Clear Income Fixed Annuities

Think about this option as a guaranteed and predictable income stream with the flexibility to access some of your money if you need it. This is for people who are willing to get a little less income in exchange for some flexibility in the event that life changes.