
Why They're a Good Idea

An immediate annuity can balance out your income starting as soon as one month from the day you buy it. Maybe you’re self-employed, and you don’t get a regular paycheck every two weeks. Or maybe you’re already retired, and rely on investment income to cover your living expenses. Those checks might shrink if the market slows down, making it tough to meet your monthly budget.
An immediate annuity can smooth out your budget now, and into the future.