Secret to Retirement Bliss with Immediate Annuity Income Quote
There are several types of immediate annuities to consider:
- Single-Life Annuity: Provides income for the annuitant's lifetime.
- Joint-Life Annuity: Offers income for the lifetime of two individuals, typically spouses.
- Period Certain Annuity: Guarantees payments for a specific number of years, even if the annuitant passes away.
Each type has its own benefits and considerations, so it's important to evaluate which option aligns best with your retirement goals.