Sit back. Relax. And enjoy your income.


If you’re approaching retirement, and want the certainty of guaranteed income rather than a market bet, an income annuity may be right for you.

An income annuity is...

RIGHT for you if...

You want a guarantee for at least a portion of your retirement savings

You value stability and are in good health

You have money saved and are within 5 years of retirement

NOT right for you if...

You have a fully-funded pension provided by your employer

You are more than 5 years away from retirement, in which case you’ll want to check out the Personal Pension

You’re looking for a high return rather than a guarantee

Get Started With A Quote

Income Annuities vs. Personal Pensions

Income annuities and Personal Pensions both offer guaranteed income once you retire. The main difference lies in how you purchase them.

Annuities we Offer The Personal Pension
Pre-determined amount of time
An insurance product
Direct fees to you $0 $0
Way to purchase With a lump sum, all at once Recurring monthly contributions
When income begins Right away or in the future The future

Not all Annuities are the Same

The objective of an annuity is to provide a guaranteed source of income once you’ve retired. Whether you work with us or not, be sure to familiarise yourself with the good and the bad.

Good annuities

Name Purpose
Immediate Annuity
  • Single Premium Immediate Annuity
  • SPIA
Guaranteed income, starting immediately
Longevity Annuity
  • Deferred Income Annuity
  • DIA
Guaranteed income, starting 2+ years from now
Qualified Longevity Annuity Contract
  • QLAC
Guaranteed income in your IRA or 401(k) starting after age 70½ (also deferring your RMDs)
Fixed Rate Annuity
  • Multi-Year Guaranteed Annuity
  • MYGA
  • Fixed Deferred Annuity
Guaranteed interest accumulation (like a CD)

Bad annuities

Name Purpose
Indexed Annuity
  • Fixed Indexed Annuity
  • FIA
Claim to be an all-in-one solution offering income, liquidity, and upside potential.

We do not recommend them, and therefore do not sell them, because we believe their high fees and complexity are not good for consumers.
Variable Annuity
  • VA

Still trying to understand if an annuity is right for you?
Request a free analysis of your retirement finances by giving us a call at (888) 248-8895.

Meet Some of our Insurance Partners


What is retirement income?

Retirement income is the “salary” you receive once retired – when living and enjoying life is your only job! Retirement income is generated by converting a portion of your savings into an income annuity. Once you’re ready to start receiving payments – be it now or in the future – your retirement income is guaranteed and won’t stop until you do.

How is the income guaranteed?

Income annuities are offered by insurance companies that guarantee that you will receive a set amount of money every month. That amount can start now or later and continues for life. Essentially, you pay them to take on your market and longevity risks so you don’t have to.

What are the fees?

Unlike variable or indexed annuities, fixed and income annuities don’t have any fees. All expenses incurred by the insurance company, including paying us as distributors, is reflected in the price they’re able to offer. The income or return quoted is exactly what you’ll get – no more, no less.

What’s the difference between your Personal Pension and an annuity?

Although they both guarantee lifetime income in exchange for a contribution, traditional income annuities are purchased with one-time deposits by people approaching retirement and averaging $100,000. The Personal Pension allows you to contribute incrementally, earlier on and in smaller amounts – just as you’d put money aside in your savings account or 401(k).

Do I need to run this by a financial advisor?

If your financial advisor is a licensed fiduciary, we won’t say no. But know that we’re licensed fiduciaries too. You can ask us about your greater financial picture and we will give it to you straight when it comes to evaluating whether a Personal Pension or annuity makes sense for you. Also, know that annuities traditionally get bad press, so your advisor could jump to conclusions. But that’s simply because the media doesn’t usually differentiate between the good and bad annuities available on the market. We only work with the good kind, both for our traditional annuity business and the Personal Pension.