Immediate Annuity

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PostPosted: Sat Jul 08, 2006 6:22 am   Post subject: Immediate Annuity  

Immediate Annuity

A product purchased with a lump sum, usually at the time retirement begins or afterwards. Payments begin within about a year. Immediate annuities can be either fixed or variable.
lakemen
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lakemen
Joined: 18 May 2005
Posts: 1274


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PostPosted: Fri Jan 01, 2010 3:39 pm   Post subject: Immediate annuity & Life Insurance  

If you find the right companies you can run an immediate annuity quote, take a portion of the income to buy a life insurance policy and produce an interest rate in excess of 6% - 7% guaranteed for the life of your client. Beats a C.D. all day long.

Dan
policyxnet@yahoo.com
dhop1070
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Joined: 01 Jan 2010
Posts: 36


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