Secure Your Financial Future with Instant Annuity Insights

Types of Instant Annuities

There are several types of instant annuities to consider, each tailored to different financial goals and circumstances. The most common types include:

• Immediate Fixed Annuities: These provide a guaranteed payout amount at regular intervals, offering predictability and stability.
• Immediate Variable Annuities: These allow your payments to fluctuate based on the performance of underlying investments, potentially offering higher returns but with increased risk.
• Deferred Income Annuities: While not immediate, these can be purchased now with payouts starting at a future date, often used to secure income later in retirement.