Sunday, September 18, 2011

How Options Can Affect Your Annuity Income

 The list below is based on an initial investment of $100,000 in a single straight life annuity. It shows how your income may drop as you add extra options:

Type of Annuity - Straight Life
What it's Designed to do - Provides you with income for life.
Sample Monthly Annuity Income - $650


Type of Annuity - Life plus five-year guarantee
What it's Designed to do - Provides you with income for life. Guarantees 60 payments to your estate in case you die within the first five years of your contract.
Sample Monthly Annuity Income -  $640


Type of Annuity - Life plus 10-year guarantee
What it's Designed to do - Provides you with income for life. Guarantees 120 payments to your estate in case you die within the first 10 years of your contract.
Sample Monthly Annuity Income -  $620


Type of Annuity - Life plus joint-and-last-survivor
What it's Designed to do - Provides income for life for you and your spouse. Payments stop when both of you have died.
Sample Monthly Annuity Income - $500 


Type of Annuity - Indexed Life Annuity
What it's Designed to do - Provides income for life. Payments increase with inflation to maintain your buying power.
Sample Monthly Annuity Income -  $400 to start (goes up when prices rise)

For more information, contact us at Annuity Liberty!


Type of Annuity -
What it's Designed to do -
Sample Monthly Annuity Income - 


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