Sentences with phrase «get immediate payout»

Not exact matches

But if you feel you want more guaranteed income than you'll collect from Social Security and any pensions — and you're willing to take these prudent steps to ensure you're getting a competitive payout and that you can truly rely on the annuity's promise of income for life — an immediate annuity is at least worth considering.

Well, to achieve that goal you could buy an immediate annuity with your $ 1 million and, based on today's payout rates, you would get roughly $ 5,660 a month for the rest of your life.

You can get payout estimates for both immediate and longevity annuities based on your age, gender and the amount you invest by going to this annuity payment calculator.

In the case of immediate annuities and longevity annuities, you can get a sense of whether one annuity's costs are higher than another's by comparing the size of the monthly lifetime payments each makes for a given investment (although you'll also want to consider an insurer's financial strength rating rather than just pick the one with the highest payout).

An immediate claim payout means that an insurance claim can be submitted even if a policyholder passes away immediately after getting a life insurance policy.

To get started with this immediate Annuity plan, you need to choose a one - time lumpsum amount (purchase price), select any of the four Annuity Options, and the Payout Mode (monthly, quarterly, half - yearly, yearly).

Because some investors get queasy about a variable annuity's unpredictable payouts, some immediate VAs guarantee a percentage of your first payment.