Immediate Annuities
What is a Fixed Immediate annuity?
A Fixed Immediate Annuity is a vehicle offered by an insurance company that can turn a lump sum of money into a guaranteed stream of income for life. This product was designed to provide you and/or your family with a guaranteed income for as long as you want. Whether you want income for life or income for a specified period of time, Presidential Fixed Immediate Annuities can offer you the secure income you desire.
A Retirement Income I can’t outlive
Twenty-five years ago, the biggest problem someone had in planning for retirement was to accumulate enough to make ends meet. Today, when the fastest growing population segment in our country is people over age 80, the problem is more complex. Not only do you have to make sure you accumulate enough to make ends meet, but you have to make sure that you've accumulated enough to last for as long as you live. This is where Presidential Life can be of real help to you. Our single premium immediate annuity contracts can be set up to provide you, or you and a spouse or other loved one, with an income that will be paid like clock-work no matter how long you live. In addition, you can tie your life-long income payments to fixed period guarantees—such as 10, 20 or even as long as 30 years—to guarantee that you and your beneficiaries benefit from the contract. Rock-solid income guarantees are a good foundation on which to build your retirement planning.