Home Lifetime Income Guaranteed Income for Life - 7.59% at age 70
Guaranteed Income for Life - 7.59% at age 70 PDF Print E-mail

Receive 7.59% annually* from an income annuity or income IRA from a highly rated insurance company starting at age 70, with payments guaranteed for life.

High income, guaranteed -- With an Income Annuity, also known as a Single Premium Immediate Annuity (SPIA).

  • Guaranteed income with a competitive payout rate to supplement your retirement income
  • Flexible payout terms and frequencies, based on your income needs
  • Minimum purchase amount is usually $10,000
  • Fixed rate is guaranteed; no market fluctuation concerns
  • Optional: You may add a Cost of Living Adjustment to the income payment option you choose. There are two types of COLA - simple and compound, ranging from 1% to 5% to offset inflation.

Contact us today about securing guaranteed income for life from your retirement accounts and other savings - call (800) 680-5596 or click here.

 


* Annual payout rates include income and return of principal and interest. Rate calculated by multiplying the monthly payout amount by twelve and dividing by an assumed premium of $250,000. Based on a 70-year old male, life with 10-year period certain payout, as of the date of publication, and is subject to change.

An immediate annuity is permanent. An owner has no access to the premium, which converts to income payouts. A contract has no cash value, no death benefit, and can't be surrendered. Terms such as the payout amounts, timing and rates cannot be changed, unless commutation is elected.

Payouts end at annuitant death unless certain period or installment refund option elected. Life contingent payout may be less or more than premium based on length of annuitant(s) life. Annuities are ONLY issued by life insurance companies. For specific tax information, consult your attorney or tax advisor. Product and feature availability, as well as benefit provisions vary by state. Contact us for details.

No bank guarantee Not a deposit May lose value
Not FDIC/FCUA insured
Not insured by any federal government agency
 
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Copyright © 2012 Life Solutions, Inc. All rights reserved.

Products not available in all states. Product provisions and features may vary from state to state. The agents of Life Solutions are not licensed to sell insurance in all 50 states. To find out if an agent is licensed in your state, please call (800) 680-5596.

We are proud supporters of the National Association of Conservative Life Underwriters.

 

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