Butler, PA Annuities Quote
Your individual investing and retirement goals are unique, and they’ll continue to evolve as your priorities do.
There are two main types of income annuities: immediate annuities and deferred income annuities.
With both kinds, you pay a lump sum premium to an insurance company, and they guarantee to pay you monthly income. Often times, this monthly income is guaranteed for life.
Immediate annuities start paying you within one year, and deferred income annuities start paying you on a future date with an increased payout rate.