Immediate Annuities - Lifetime Income Annuity rates April 2022 and other long term income options.
My Single Premium Immediate Annuity (SPIA) pricing samples April 2022.
This video illustrates income based on $500,000 premium.
SPIA options include:
Life Only
Life with 5 year certain
Life with 10 year certain
Life with 15 year certain
Life with 20 year certain
Life with installment refund
Life with cash refund
5 year period certain only
10 year period certain only
15 year period certain only
20 year period certain only
25 year period certain only
30 year period certain only
Multi-Year Guarantee Annuity (MYGA) withdrawals based on a 3.55% interest rate and 5.80% withdrawal. ($29,000 annually)
MYGA Quote Request: https://www.annuityexperts.com/deferred-annuity-illustrations.html
SPIA Quotes - https://www.annuityexperts.com/spia-quotes.html
This material is for informational, educational & entertainment purposes. It is not a recommendation to buy, sell, hold or rollover any asset. It does not take into account the specific financial situation, investment objectives, or need of an individual person.
Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty.
Surrender charges may also apply for early or excess withdrawals.
All guarantees are backed by the claims-paying ability of the issuer.
Products are available only in all states where approved.
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