Fixed Immediate Annuity

Guaranteed Income Now

Whether you’re looking to fund an immediate need or for guaranteed retirement income you can’t outlive, a fixed immediate annuity may be right for you. A fixed immediate annuity allows you to turn a one-time, lump sum payment into a guaranteed series of payouts that will never decrease in value.

Your guaranteed payouts generally begin within one year of contract date and can be spread over a specified period of time of your choosing, or even for life. That way you can choose an income plan that is the best for your situation to help provide a guaranteed stream of income with no markets to worry about or portfolios to manage. You don’t have to do anything except enjoy your retirement.

An Immediate Annuity may also allow you to receive advance future annuity payments as a lump sum BEFORE they are due to be paid to you.

All guarantees are based on the claims-paying ability of the issuing insurance company.

Is a Fixed Immediate Annuity Right for You?

Below are some considerations that may help you determine if a fixed immediate annuity is right for you.

You want guaranteed income that lasts a lifetime or for a specified period of time
You’re looking for income that can be fixed or can increase over time
You want flexibility and control in the event of unforeseen financial needs
You’re looking for income to pay living or other expenses or to fund a specific period of financial need

To learn more about how a fixed immediate annuity can help you reach your retirement goals, contact your financial professional. Or, you can call us toll-free at: 888 GENWORTH (888 436.9678).