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Why Invest in Annuities?
Information on Selling Annuity
What Is Tax-Sheltered Annuity?
What Is Fixed Annuity?
What Is an Annuity?
What Is an Immediate Annuity?
What Is Structured Settlement Annuity?
What Are Reverse Annuity Mortgages?
Different Annuity Rates
How Does an Annuity Work?
Benefit of Underwriting Annuities
What Is an Equity Index Annuity?
Annuity Broker Job Description
How a Tax-sheltered Annuity Plan Works
Strategy for High-Interest Annuities
Best Annuity Companies
What Is a Variable Annuity?
Annuity Marketing Basics
Top Annuity Producers
CD vs. Annuity
Variable Annuity Drawbacks
Annuity Selling Systems Review
Best Pension Annuity Rates
What Is a Tax-Sheltered Annuity?
What Is a Variable Annuity?
What Is the Formula for an Annuity?
An annuity is an insurance instrument that insures retirement. Learn about annuities with information from… More
An immediate annuity allows someone to receive money in an income stream that fits into their budget. Lear… More
An annuity is a stream of equal payments over equal time intervals. Payments made at the beginning of each… More
Annuities work through accumulation and distribution periods. Discover the phases of annuities with tips f… More
A fixed annuity has a fixed rate of return and is not tied into the market. Invest in fixed annuities with… More
When buying an annuity, find out who is being dealt with, how much can be given to a contract, when the co… More
AIG made headlines when it announced that it was having financial problems. Hartford has been on unstable … More
An annuity is an insurance contract that pays out a regular income after the policy reaches maturity. Many… More
An immediate annuity, sometimes called a single-premium immediate annuity, is a retirement income product … More
Fixed annuities are a popular investment option for many people's retirement planning, since they are low … More
Someone becomes a top annuity producer by working with compliant insurance companies. Become a top annuity… More
In most states, an exam must be passed in order for a person to sell an annuity as a licensed agent. Find … More
Variable annuities take mutual funds and surround them with life insurance. Learn about variable annuities… More
Summary: An immediate annuity allows someone to receive money in an income stream that fits into their budget. Learn about immediate annuities with information from a registered financial consultant in this free financial planning video.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
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"This is financial adviser Patrick Munro telling you today about immediate annuities. Immediate means immediate in the sense of getting your money in an income stream. Once you have a lump sum of money and you want to keep it for the future, but you only want to receive a payment that is for your budget, in other words, you turn it into an immediate annuity. An insurance company is a company that does this. For example, if you take a hundred thousand dollars based on your age, you want to receive an income stream for ten years, twenty years, or for your entire life, that's what the insurance company will do. They'll keep the balance of the money back growing at an interest rate, while you take a payment for your budget going forward, therefore making your money last a lot longer. If you had the money in your own care and attention during that period of time you might run the risk of well, blowing the money or spending it on something that you end up with very little principle. This is a safe way to put the money in the hands of a financial custodian for your financial future. Keep in mind that while the annuity money is with the insurance company, the only time you pay taxes on, is when you take your payment out at the ordinary rate of income tax. It's a better way to make your money last longer, using immediate annuities. I'm financial planner Patrick Munro."
eHow Article: What Is an Immediate Annuity?
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.
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