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Deferred, Fixed Indexed, & Immediate Annuity rates, quotes and sales.

Immediate Annuities

The Single Premium Immediate Annuity (SPIA) is a contract issued by a life insurance company. The annuity is purchased with a single premium payment which guarantees to provide regular income payments to you and/or other persons. The SPIA is an immense product in that it guarantees you will never outlive your retirement savings, no matter how long you live. And in addition to the tax advantages and convenience of SPIA's, you can select the frequency and guarantee periods of your income payments from a variety of income plans:

Guaranteed Income Plans

Life Only Annuity-- A monthly payment for as long as you live.

Joint & Survivor (Lives Only) -- Payments are guaranteed based upon two lives, usually that of a husband and wife. Full income payments continue until the first death with full or partial payments continuing until the survivor's death.

Life Annuity With Guarantee Period -- Payments are guaranteed for the life of the annuitant (you) until the date of death. If the guaranteed period has not expired at the time of death, payments will continue to the beneficiary for the remainder of the guaranteed period. (Guarantee period may also be applied in the case of Joint & Survivor above)

Installment Refund Life Annuity -- Payments are made as long as the annuitant lives. If the annuitant dies prior to receiving at least the initial premium, any remaining payments will be payable to the beneficiary.

Period Certain Immediate Annuity -- Perfect for meeting regular expenses, payments are made for a fixed period (usually of three or more years). The total of all premium and interest will be distributed during the period of time elected, regardless of death.

Fixed Amount Immediate Annuity -- Payments are made for a minimum of three years and a maximum of 20 years in an amount elected, until the amount applied together with interest is exhausted.

Visit www.SPIAquote.com for more Immediate Annuity information and illustrations

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Last modified: 09/12/11