If a guaranteed income is important to you, an immediate annuity could be the solution. Whether for a fixed period (annuity certain) or for life (life annuity), the income from the immediate annuity and the credited interest rate are guaranteed. Here are a few of the benefits of immediate annuities:
- Competitive rates.
- Option of life or prescribed annuities.
- Possibility of receiving your annuities monthly, quarterly, semi-annually or annually.
- Guaranteed periods available on life annuities.