Single Premium Immediate Annuity

For example, if you have $100,000 and would like a safe and practical way to grow your money and ensure an immediate stream of income, you can invest in a Single Premium Immediate Annuity (SPIA). What is the key benefit for doing this? You can grow your money through the process in addition to:​

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• Tax deferred

• Leaving a legacy

• Adding to your investment portfolio a new income source for retirement

• No market risk

• The option of a lifetime income 

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Remember, know your retirement goals in order to know which investment vehicles help you achieve them the best way possible.