Are clients asking you about retirement income strategies? One way they can create consistent retirement income is through immediate annuities, which convert a lump sum payment into an income stream delivering payments monthly, quarterly, semi-annually or annually. Depending upon the options selected, the income can be provided for a lifetime or a specified period of time ew variations of immediate annuities often give the client the flexibility to make partial or full withdrawals at any time.
Immediate annuities offer either variable or fixed payments, and some contracts offer both, allowing the annuitant to create steady income that also benefits from potential …

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