Comparing the exact financial value of a longevity annuity to a traditional investment product is like comparing apples to oranges. But it’s important to make some assumptions and run the numbers.
The kind of savings used to purchase your longevity annuity will determine the taxes owed on the income payments you receive. We’ve broken down how you may be taxed.
Your personal attributes and the extra features you choose to customize your longevity annuity with will affect the income you can generate. We’ve broken down how each option will affect your rates.
A longevity annuity can provide you with peace of mind during retirement. While not right for everyone, find out if a longevity annuity fits your retirement needs.
Longevity annuities have several financial benefits to help make retirement planning simpler, but also have some drawbacks. Find out what a longevity annuity has to offer before you purchase.
A longevity annuity is like a pension you can buy for yourself from an insurance company using your pre-tax or post-tax retirement savings, generating a guaranteed income that lasts as long as you do. It’s a great way to diversify your portfolio, and make sure that all, or most, of your basic retirement expenses will be covered for as long as you live.
There are many features you can add to your immediate annuity so it properly fits your needs. We’ve broken down the options you can select to customize your immediate annuity.
The kind of savings used to purchase your immediate annuity will determine the taxes owed on the income payments you receive. We’ve broken down how you may be taxed.
Comparing the exact financial value of an immediate annuity to a traditional investment product is like comparing apples to oranges. But it’s important to make some assumptions and run the numbers. So here it goes!
Your personal attributes and the extra features you choose to customize your immediate annuity with will affect the income you can generate. We’ve broken down how each option will impact your rates.