immediate annuity

A common use for an immediate annuity might be to provide a pension income.

An immediate annuity is one that begins within 30 days after your separation.

And it is even possible to get an immediate annuity whose payments increase with inflation.

Note that this is different from an immediate annuity.

Immediate annuities can provide income and help people cope financially with several risks.

Such a contract is called a variable immediate annuity.

Now, immediate annuities have all the variations mentioned above.

There are some signs that immediate annuities are gaining popularity.

Money suggests that when you retire, you should think about using part of your savings to buy an immediate annuity.

If not, putting the principal into an immediate annuity and living on the cash flow will require some financial discipline.

With an immediate annuity, a person pays a lump sum and begins receiving income right away.

As part of the settlement the eldest son would be granted an immediate annuity on the land or a lump sum.

Indeed, the investment, an immediate annuity, may be ideal for some retirees, but financial advisers say it is not for everyone.

"We're big fans of the immediate annuities."

Immediate annuities protect against this risk.

If you are in terrible health, immediate annuities are bad investments since the payments stop when you die.

Immediate annuities are straightforward.

The term "annuity," as used in financial theory, is most closely related to what is today called an immediate annuity.

In its 2006 investment guide, now on the stands, Forbes offers a primer on a little-known option: immediate annuities.

Annuities like the one Ms. Jarvis considered are known as immediate annuities because the payments begin right away and continue for life.

A life annuity or lifetime immediate annuity is most often used to provide an income in old age (i.e., a pension).

The overarching characteristic of the immediate annuity is that it is a vehicle for distributing savings with a tax-deferred growth factor.

Money-purchase schemes must offer members the open market option whereby members can transfer funds at retirement to draw an immediate annuity with another provider.

An annuity contract may also be structured so that it has only the annuity phase; such a contract is called an immediate annuity.

Some experts advise waiting a few years after retiring to buy an immediate annuity to get a firmer grasp on financial needs as well as to minimize the cost.