Immediate Annuities
All these years, you’ve been planning for retirement, carefully accumulating assets in savings, 401k’s and IRA’s. But have you given any thought to how you will take distribution of those dollars? You should, because it can be a potential minefield.
Once you stop earning paychecks, your concerns shift to parceling out your nest egg so that you don’t outlive your resources, including savings, retirement accounts, and accumulated investments.
We have a solution for you. At Peck Financial, we offer annuities that can guarantee you a long-term income stream. Choose from survivorship benefit to a spouse the highest guaranteed income over a 10-, 15-, or 20-year period.
Immediate annuities give you the advantage of not having to worry about taxes on your annuity during retirement—the taxes are handled as you pay into the annuity.