by lakemen » Sat Jul 08, 2006 06:22 am
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.
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.
Posted: Fri Jan 01, 2010 03:39 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
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